Tuesday, 02 January 2024 12:17 GMT

Kazakhstan's Tokayev Talks Importance Of His Upcoming Visit To Russia


(MENAFN- Trend News Agency) ASTANA, Kazakhstan, October 10. Kazakhstan attaches special importance to the upcoming visit of President Kassym-Jomart Tokayev to Russia on November 12, 2025, Tokayev said during a meeting with Russian President Vladimir Putin in Dushanbe, Trend reports via the press service of the Kazakh president.

According to Tokayev, in the lead-up to the visit, trade and economic cooperation between Kazakhstan and Russia continues to strengthen. Bilateral trade reached $28 billion in 2024, while total Russian investments in Kazakhstan's economy exceeded $26 billion. In 2024 alone, Russian businesses invested around $4 billion, with the positive trend expected to continue this year. Countries are expected to reach the milestone of $30 billion in mutual trade within the next one to two years.

He also highlighted that Kazakhstan and Russia are executing extensive collaborative ventures, encompassing the development of a nuclear power facility with the direct involvement of Rosatom.

In total, there are 114 collaborative initiatives with a cumulative valuation approaching $22 billion currently in execution, underscoring the strategic intricacies of bilateral engagement.

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