In a recently published article titled "Russia—Kazakhstan: A Vital Alliance Focused on the Future" in Kazakhstan’s Kazakhstanskaya Pravda, Russian President Vladimir Putin emphasized the growing economic ties between Russia and Kazakhstan. The article, also available on the Kremlin's official website, highlights the depth of bilateral cooperation and mutual progress that both nations have made, particularly in terms of economic integration, industrial development, and high-tech collaboration.
Economic Integration and Investment
Russia remains Kazakhstan’s largest economic partner, with substantial investment and trade flow between the two countries. President Putin noted that Russian investments in Kazakhstan's economy continue to rise annually, now amounting to approximately $13bn.
The Russian leader emphasized the role of the Eurasian Economic Union (EAEU), of which both Russia and Kazakhstan are founding members. Putin highlighted the importance of continuing efforts to create a common market for goods, services, and capital among member states. This initiative aims to eliminate regulatory and trade barriers, foster economic integration, and enhance transportation and logistics infrastructure across the region.
Bilateral Trade and Industrial Cooperation
Trade between the two nations has seen impressive growth. More than 23,000 enterprises with Russian capital now operate in Kazakhstan, contributing to diverse sectors such as energy, manufacturing, and high technologies. As part of their expanding industrial cooperation, Russian and Kazakh companies are actively working on projects involving the creation of new full-cycle production facilities. These initiatives are designed to modernize the economies of both nations and strengthen their technological sovereignty.
Putin also touched on joint efforts in high-tech sectors, underscoring that these collaborations are not just about economic expansion, but also about fostering innovation and technological independence. These partnerships are expected to yield significant advancements in both industrial processes and high technology.
Legal and Diplomatic Context
While the economic ties between Russia and Kazakhstan remain strong, geopolitical tensions persist. The International Criminal Court (ICC) issued an arrest warrant for Russian President Vladimir Putin last year over accusations of war crimes related to the alleged forced relocation of Ukrainian children. However, it is important to note that Kazakhstan is not a signatory to the Rome Statute of the ICC, meaning the court has no jurisdiction over the country, and Kazakhstan is not legally bound to execute such arrest warrants.
Despite this, President Putin’s article focused on the deep-rooted relationship between Russia and Kazakhstan, reaffirming both countries' commitment to working together in areas such as economic development, regional security, and technological advancement. The longstanding tradition of cooperation and mutual respect remains at the core of their partnership, with both nations aiming for greater prosperity and stability.
Comments (0)