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Astana, which was pronounced Kazakhstans capital in 1997, looks more modern than any city in Europe.

The symbol of Astana is Baiterek, which means young, strong, growing tree symbolizes the nation, preserving its historical roots, has a firm foundation and striving to future prosperity. In Astana situated the worlds largest tent- the Khan Shatyr entertainment centre designed by the english star architect Sir Norman Foster.


The economy of Kazakhstan is the largest economy in Central Asia. The gross domestic product of the Republic of Kazakhstan in 2011 at current prices 27 trillion 300.6 billion tenge. In the GDP share of the production of goods was 43.1%, services - 51.9 percent. GDP per capita in Kazakhstan in 2011 was about 11,300 dollars. Main trading partner is Russia. State of other countries are successfully developing trade relations with Germany, Turkey, Switzerland, Czech Republic, Italy, China, USA, UK, South Korea, and others. The main imported products are raw materials, namely crude oil, machinery and equipment, vehicles, appliances and machines, chemical products, mineral fuels, food products, finished products and consumer goods. Kazakhstan exports raw materials produced by mining, fuel, steel and chemical industries. In the structure of Kazakhstan's exports: - Oil and oil products - 35% - non-ferrous metals - 17% - ferrous metals - 16% - Ore - 12% - cereals - 9% - other - 11%

Per capita GDP of some countries

Kazakhstan is one of the top energy exporters, with enermous oil and gas fields. In addition, it possesses gold, manganese and coal, and is the leading uranium producer. The oil sector accounts for one-third of the economy, and half the economic output is generated by state owned companies. It also has considerable agricultural potential with its vast steppe lands accommodating both livestock and grain production. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources and also on a relatively large machine building sector specializing in construction equipment, tractors, agricultural machinery, and some military items.

Kazakhstan has the potential to be a world-class oil exporter in the medium term. The landmark foreign investment in Kazakhstan is the TengizChevroil joint venture, owned 50% by ChevronTexaco, 25% by ExxonMobil, 20% by the Government of Kazakhstan, and 5% by Lukarco of Russia. The Karachaganak natural gas and gas condensate field is being developed by BG, Agip, ChevronTexaco, and Lukoil. The Agip-led Offshore Kazakhstan Consortium has discovered potentially huge Kashagan oil field in the northern Caspian. Kazakhstan's economic future is linked to oil and gas development. GDP growth will depend on the price of oil, as well as the ability to develop new deposits. Kazakhstan is the third country in the world for uranium production volumes, and it owns the world second biggest uranium reserves after Australia.[ It has also the largest silver, zinc and nickel markets in West Asia.

For 2003, the financial system of Kazakhstan is considered the best among the CIS countries - or rather, more advanced, transparent and protected from government interference. Kazakhstan was the first among the CIS countries (in 2000), established the National Fund of the Republic of Kazakhstan to ensure sustainable socio-economic development, reduce dependence on unfavorable external factors. National currency of Kazakhstan is tenge, which was adopted in 1993.

- Own banking system was appeared in Kazakhstan after obtaining the sovereignty in December 1990. The beginning of banking reform in the country was the adoption of Law About banks and banking activities in the Kazakh SSR in January 1991. The Republic of Kazakhstan has a two-level banking system. The upper level is the National Bank. All other banks are a lower level of the banking system.