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Russia and Kazakhstan: range and dynamics of relations in the conditions of increasing interdependence of national economies

Journal: RUDN Journal of Economics (Vol.27, No. 3)

Publication Date:

Authors : ; ;

Page : 455-465

Keywords : Kazakhstan; Russia; economic impact; strategic partnership; separation of spheres of influence in Kazakhstan;

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Abstract

The article reveals the changing role of Russia in Kazakhstan’s economy, identifies its position in trade, investment and humanitarian assistance to the country. The economic potential of Kazakhstan is described, the sectors of the economy most attractive to foreign investors are presented. The main countries seeking to increase their presence in Kazakhstan are identified, their place and role in trade and direct investment in Kazakhstan are compared. The separation of spheres of influence in the country is revealed. It is noted that the EU countries are the leading trade partners of Kazakhstan, but the largest imports to the country come from Russia, in the first place in investments are the Netherlands, then the United States. The most active humanitarian aid to Kazakhstan is provided by China, which pursues an active social policy. The article also analyzes the dynamics of changes in the role of Russia, it is revealed that the country is gradually losing its degree of influence in Kazakhstan, however, at the moment it still remains its main strategic partner.

Last modified: 2020-08-31 19:45:39