Kazakhstan
Kazakhstan is the 81st largest trading partner of the United States with a total of 2 billion in two-way trade in 2019. Kazakhstan has made some progress in creating a favorable investment climate although serious problems remain.
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As seen on the physical map of Kazakhstan above the country extends from the Caspian Sea in the west to the Altay Mountains in the east.
. Tripadvisor has 79998 reviews of Kazakhstan Hotels Attractions and Restaurants making it your best Kazakhstan resource. Kazakhstan is the worlds ninth biggest country by size and it is more than twice the size of the other Central Asian states combined. It also has vast mineral resources and is officially a democratic secular unitary constitutional republic with a diverse cultural heritage.
Kazakhstan has the potential for becoming one of central Asias richest countries because of its huge mineral and oil resources and its liberalized economy which encourages Western investment. Kazakhstans total oil production in 2017 climbed 105. Kazakhstan is the most dominant nation of Central Asia economically and politically generating 60 of the regions GDP primarily through its oil and gas industry.
Kazakhstan is a country that stretches from Central Asia to Eastern Europe and occupies an area of 2724900 sq. Kazakhstan also maintains good relations with the United States. Firms have invested tens of billions of dollars in Kazakhstan concentrated in the oil and gas sector.
It is bounded on the north by Russia on the east by China on the south by Kyrgyzstan Uzbekistan the Aral Sea and Turkmenistan and on the southwest by the Caspian Sea. The country is the USs 78th-largest trading partner incurring 25 billion in two-way trade and it was the first country to recognize Kazakhstan after independence. It is believed to be the largest oil find in 30 years.
It also exports oil directly to China. Kazakhstan is by far the largest of Turkic states within the proposed South-Central Asian Union. Kazakhstan largest country in Central Asia.
In 1994 and 1995 the US. 21 hours agoKazakhstan is a close strategic ally of Russia which is very sensitive to any unrest in the former Soviet Republics which Moscow considers its backyard. It was a constituent republic of the Soviet Union and became independent in 1991.
In 2000 oil was discovered in Kazakhstans portion of the Caspian Sea. Worked with Kazakhstan to remove all nuclear warheads after the latter renounced its. It has borders with Russia China and the Central Asian countries of Kyrgyzstan Uzbekistan and Turkmenistan and is across from Azerbaijan via the Caspian Sea.
In 2010 Kazakhstan joined Russia and Belarus to establish a Customs Union in an effort to boost foreign investment and improve trade. Kazakhstan is landlocked and depends on Russia to export its oil to Europe.
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