Kazakhstan and South Korea - New Relationship?

Nov 2013
2
0
London, UK
There has recently been news about the visit of Kazakhstan's Prime Minister to South Korea to discuss venues of cooperation. Will we see a stronger relationship between these countries in the future? What shape can this relationship take?

Please also find a reference to the statement from which these questions arose.

*****

December 13, 2013


Kazakhstan Strengthens Ties with South Korea

Prime Minister SerikAkhmetov made a two-day official visit to South Korea on December 9-10, the latest in a long line of high level visits between the two countries since diplomatic relations were established in January 1992.

In his opening talks with the Korean President, Park Geun-hye, the Prime Minister spoke about some of the major joint projects with which South Korea is involved in Kazakhstan, such as the Balkhash Thermal Power Plant; the chemical plant in Atyrau Region; and the development of the Zhambyl oilfield in the Caspian Sea.

“I am convinced that these major projects not only give a significant boost to the economy of Kazakhstan,” MrAkhmetov said, “but they significantly strengthen the investment and technological cooperation between our countries.”

For her part, President Park Geun-hye described Kazakhstan as, “one of Korea’s main partners in Eurasia” and said that Korea values highly the bilateral relationship and wants to deepen their links still further.

Two decades of cooperation between Kazakhstan and South Korea have seen the countries share expertise in a wide variety of fields: politics, business and trade, culture, technology, legal affairs and military matters. Trade was the focus for this week’s discussions. The past two years have seen a significant increase in economic ties between the two countries. In 2012, bilateral trade passed the USD 1.25bn mark, which represented a 40% increase on 2011. In the first nine months alone of 2013, trade exceeded USD 1bn, a 6% increase on the same period in 2012.
 
Oct 2012
4,429
1,084
Louisville, Ky
There has recently been news about the visit of Kazakhstan's Prime Minister to South Korea to discuss venues of cooperation. Will we see a stronger relationship between these countries in the future? What shape can this relationship take?

Please also find a reference to the statement from which these questions arose.

*****

December 13, 2013


Kazakhstan Strengthens Ties with South Korea

Prime Minister SerikAkhmetov made a two-day official visit to South Korea on December 9-10, the latest in a long line of high level visits between the two countries since diplomatic relations were established in January 1992.

In his opening talks with the Korean President, Park Geun-hye, the Prime Minister spoke about some of the major joint projects with which South Korea is involved in Kazakhstan, such as the Balkhash Thermal Power Plant; the chemical plant in Atyrau Region; and the development of the Zhambyl oilfield in the Caspian Sea.

“I am convinced that these major projects not only give a significant boost to the economy of Kazakhstan,” MrAkhmetov said, “but they significantly strengthen the investment and technological cooperation between our countries.”

For her part, President Park Geun-hye described Kazakhstan as, “one of Korea’s main partners in Eurasia” and said that Korea values highly the bilateral relationship and wants to deepen their links still further.

Two decades of cooperation between Kazakhstan and South Korea have seen the countries share expertise in a wide variety of fields: politics, business and trade, culture, technology, legal affairs and military matters. Trade was the focus for this week’s discussions. The past two years have seen a significant increase in economic ties between the two countries. In 2012, bilateral trade passed the USD 1.25bn mark, which represented a 40% increase on 2011. In the first nine months alone of 2013, trade exceeded USD 1bn, a 6% increase on the same period in 2012.

I think it is very clear from the article....that Yes, there will be increased cooperation likely taking many forms we cannot yet know.
 
Top