Research on Kazakhstan

Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental landlocked country located

mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China
to the east, Kyrgyzstan to the southeast, Uzbekistan to the south, and Turkmenistan to the
southwest.
 India-Kazakhstan relations
Historical Economic
relations relations
India was one of the first •  energy resources.
countries to recognize the Kazakhstan's geo-political
independence of Kazakhstan existence between Russia and
in the year 1991 Asia, along with long borders
with China, makes it a country of
great strategic importance.
Political
relations
Diplomatic relations
were established in
February 1992. The
Embassy of India was
opened in Almaty in May
1992 and the Embassy of
Kazakhstan in New Delhi
in 1993. The capital of
Kazakhstan was shifted
from Almaty to Astana in
1997.
 Exports and Imports
2020 data top products

Exports
Exports Kazakhstan exported $1.98B to India. The
INDIA Packaged Medicaments ($116M), main products exported from Kazakhstan
Broadcasting Equipment ($52M), and Kazakhstan to India were Crude
Tea ($24.9M). Petroleum ($1.82B), Radioactive
Kazakhstan offers prospects for import Chemicals ($74.3M), and Silver
of raw wool ($25.1M).
 Specific Sectors of Indo-Kazakh Collaboration

• Banking - Fintech

• construction ; ex: roads

• Information technology, Telecommunication sector:

expertise and training in the field of satellite imagery and also in financing, in management and in the service sector.

• pharmaceutical

• commercial and hill farming, and food processing.

• Tourism

• Petroleum and oil

 Kazakhstan

• high quality mineral resources. The most important is oil, which is followed by coal, copper, iron, lead, zinc,
and gold.

• Kazakhstan offers opportunities to the Indian business community in various manufacturing sectors, such as,
textiles, clothing, leather, plastic, chemicals, engineering goods, etc. 

• energy efficiency technologies; road construction machinery and precision navigation equipment; and
process automation technologies.

• The potential sectors for investment by Indian companies could be:

food processing, mining machinery and equipment, textiles, wool processing, consumer electronics and
tools, and steel/copper pipes and tubes, telecommunication.
 Roadblocks to Indo-Kazakh Co-operation

Some of these constraints in enhancing India-Kazakhstan cooperation are:

• The communication links are problematic and at present the region is connected only through air links. 

Fact: Land route options through Iran and Turkmenistan are also being explored.

• Indian manufacturing and investment companies entering the new, unfamiliar markets of Central Asia.

• non-availability of hard currency, and lack of conversion facility and the lack of banking channels hamper
expanding trade with Central Asian countries.
 Human Capital
Astana Hub
The largest international IT techno park in Central Asia. This is the platform for the development of innovative
projects, which helps in the growth of advanced start-ups and attracts young IT professionals from all over the
world to Kazakhstan.

Learning Experimental Innovation

• Educational
programs
Startup School, Freelancing School,
Community Managers, Beta Career,
Technology Entrepreneurship Course,
LMS, Tech Orda,Civil services
• Business programs
Techpreneurs,Acceleration,
Tracker School, Incubation, IT
export accelerator, Smart City
Accelerator Almaty) aimed at
accelerating the growth of
existing startups.
• Hosts events
Priority areas are smart city,
fintech,mining and processing,
energy, financial technologies
Ex:Astana Hub Roadshow is a
comprehensive preparation of
startup projects and their visit
to the largest technological
events in the world
 Opportunities for Startups in Kazakhstan

Pre board concept gate Plan Gate Exit gate

• Need: Self sustainable • Proactive engagement with • Promote and identify

• Involving startups with industry innovation
similar firms • Guidance and physical • (Delivery team and
• Creating win-win situation presence during all the trips Revenue)
• Organization of handpicked • Media coverage both
matchmaking B2B meetings during the of the trips and
for all the delegates, during the application
according to their goals, process
needs, defined during the
preparatory boot camp
 ASTANA HUB IS ATTRACTIVE FOR BUSINESS

Astana Hub offers

• a special tax regime

• Infrastructure for IT

• visa support
 Both the governments need to consider the following recommendations:

1. Give each other the status of the most favored nation. This would serve as an incentive for businessmen
wanting to do business in both countries

2. Participate more in international trade fairs, Globalization.

3. Partnership and complementary co-operation to be the main pillars of economic policy for both countries

4. Create a consortium for development of information technology

5. Direct relations between existing or newly formed financial institutions and banking agencies

6. Enhance regular contact between Ministers, agencies of both the countries and interaction with NGOs
 
Astana
hosts 641 IT companies including 70 companies with foreign founders. The hub currently consults 468
companies from neighbouring countries about relocation to Kazakhstan.

The hub invests up to $40,000 in early-stage startups and hosts events to find new projects for
investment. Some startups are able to receive up to $10 million for their development

Overall, 69 companies with foreign participation from Kyrgyzstan, Russia, Ukraine, Belarus, Israel, UAE,
South Korea, China, Japan, Singapore, UK and USA are participants of the technology park project.

To solve the financial issue, the hub launched Kazakhstan’s first Seed Money program using the Revenue
Share model.
FACT: Astana Hub launches social programs. For instance, Astana Hub and UNICEF are going to create the
Thank you