Kazakhstan Leads U.S. Investments in Central Asia
Since opening its economy, Kazakhstan has attracted over $60 billion in direct investments from the United States, accounting for more than 80% of U.S. investments across Central Asia, according to the Ministry of Foreign Affairs of Kazakhstan.
Key Discussions at Diplomatic Meeting
The information was shared at a meeting of Central Asian foreign ministers, including Kazakhstan’s Foreign Minister Yerlan Kosherbayev, with U.S. Secretary of State Marco Rubio. This took place during a ceremonial reception before the upcoming C5+1 summit.
Kazakhstan remains the United States' primary economic partner in Central Asia, said the officials during the meeting.
Focus on Regional Cooperation
The ministers emphasized the importance of the C5+1 initiative—a regional cooperation platform involving the five Central Asian states and the U.S.—which has been instrumental in fostering trust, mutual understanding, and regional prosperity since its creation over ten years ago.
The C5+1 format has become an effective tool for building trust, mutual understanding, and prosperity in the region, highlighted Minister Yerlan Kosherbayev.
Future Summit Preparations and U.S. Support
Preparations are underway for upcoming summits involving Central Asian heads of state and the United States, both bilaterally and multilaterally. The U.S. confirmed its commitment to deepen partnerships and support initiatives promoting cooperation and sustainable development.
Investment Breakdown
- The majority of U.S. investments in Kazakhstan target the oil and gas sector.
- The United States remains one of the largest foreign investors in Kazakhstan.
Author's summary: Kazakhstan stands out as the dominant U.S. investment destination in Central Asia, with strong diplomatic ties and cooperation strengthened through the C5+1 platform and future regional summits.