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China & Kazakhstan sign bilateral investment protection agreement
A new investment treaty between Kazakhstan and China has been approved by the Kazakh Senate, which replaces the 1992 version and upgrades the legal protections to match global standards while ending any investment discrimination.
Trade and capital flows between the two nations are expanding quickly, especially in mining, energy, and farming, and the updated agreement is expected to bring more high-tech projects, local jobs, and export growth for Kazakhstan.
One major example is China’s East Hope Group, which has reaffirmed its plan to build a large aluminum production hub in Kazakhstan that includes a bauxite plant, a smelter, and a wind farm, with total spending projected at US$12.6 billion.
Trade and capital flows between the two nations are expanding quickly, especially in mining, energy, and farming, and the updated agreement is expected to bring more high-tech projects, local jobs, and export growth for Kazakhstan.
One major example is China’s East Hope Group, which has reaffirmed its plan to build a large aluminum production hub in Kazakhstan that includes a bauxite plant, a smelter, and a wind farm, with total spending projected at US$12.6 billion.
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