Kazakhstan

Kazakhstan and Iran aim to boost their mutual trade to USD 3 bln. Kazakh producers will supply Iran with 75 product items worth USD 250 mln. Trade between the two countries increased by 19.8% to USD 528 mln in 2022. Meanwhile, TotalEnergies announced a USD 1.4 bln investment agreement with Kazakhstan for the Mirny project, involving the construction of a 1-gigawatt onshore wind farm and a 600 MWh energy storage system.