$17 Billion Signed in Washington, Here’s Where It’s Going
ALMATY — Kazakhstan and the United States (US) signed 29 agreements worth $17 billion, marking a new milestone in their strategic partnership. The deals span key sectors including industry, digitalization, education and healthcare.
The agreements were signed on Nov. 6, following President Kassym-Jomart Tokayev’s official visit to Washington, underscoring the growing scale of bilateral cooperation and mutual investment interests, the Ministry of Foreign Affairs reported.
Industrial cooperation and agricultural machinery production
One of the most significant outcomes of the visit was the signing of a strategic agreement valued at $2.5 billion between the Kazakh Ministry of Industry and Construction, Baiterek Holding, AgromashHolding, Eurasia Group, and John Deere.
The deal envisions the localization of production of up to 3,000 units of John Deere agricultural machinery in Kostanai and Turkistan, construction of three service centers, workforce training programs, and the establishment of a regional parts distribution hub for CIS markets.
In the mining sector, Kazakhstan’s Tau-Ken Samruk and the U.S. company Cove Capital signed a $1.1 billion agreement to jointly develop the Severny Katpar and Verkhne-Kairakty deposits in the Karagandy region. The project aims to boost local processing capacity and produce high-value-added products.
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Kazakhstan and United States Signed Agreements Worth 17 Billion Dollars
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