Russia remains Kazakhstan's largest economic partner, Russian President Vladimir Putin noted in his article titled "Russia—Kazakhstan: A Vital Alliance Focused on the Future," published in Kazakhstan’s newspaper Kazakhstanskaya Pravda. The article is also available on the Kremlin's official website.
According to the Russian leader, Russian investments in Kazakhstan's economy are growing year by year and currently amount to approximately US$13 billion.
Putin, who is paying a state visit to Kazakhstan today, emphasized the importance of economic integration among the member countries of the Eurasian Economic Union (EAEU).
He highlighted that Russia and other member states are actively working on creating common markets for goods, services, and capital. The main objective in this effort is the elimination of regulatory and trade barriers. This approach fosters the development of transportation and logistics infrastructure and contributes to effective economic growth and regional development.
Currently, more than 23,000 enterprises with Russian participation operate in Kazakhstan, Putin stated.
He also pointed out that companies from the two countries are implementing joint projects in industrial cooperation and high-tech sectors. These projects involve the creation of new full-cycle production facilities, which aid in modernizing both nations' economies and strengthening their technological sovereignty.
Kazakhstan is not a signatory to the Rome Statute of the International Criminal Court (ICC), and thus the body has no jurisdiction over the country
The International Criminal Court (ICC) last year issued an arrest warrant for Russian President Vladimir Putin for alleged war crimes involving accusations that Russia has forcibly taken Ukrainian children.