With the invitation of the US Secretary of State Mike Pompeo Kazakhstan's Foreign Minister Beibit Atamkulov began his official visit to the United States of America, reports MFA.
The United States is among the leading investment partners of Kazakhstan. Trade turnover between the countries amounted to $2.3 billion in 2018. The share of direct American investments in the total basket of foreign investment reached 22% and amounted to $5.3 billion. Since 1991, American business has invested about $47 billion into the economy of Kazakhstan.
According to the Statistics Committee of the Ministry of National Economy of Kazakhstan, about 160 representative offices of US companies and over 350 Kazakhstan-US joint ventures operate in Kazakhstan.
In recent years, American companies such as Primus Power, Spancrete, Uber, Starbucks, McDonalds and Netflix have entered into Kazakhstan market. American investors have implemented a number of projects in mining, engineering, manufacturing, etc.
At present, the Investment Committee of Kazakhstan's Foreign Ministry, in conjunction with the JSC "NC" Kazakh Invest", is developing about 20 projects with the participation of US capital in agro-processing, pharmaceutical industry, renewable energy sources, etc.