**President Tokayev attends Kazakhstan-U.S. investment roundtable — Transcript & Summary | SozAI**
Source: https://sozai.app/transcript/president-tokayev-attends-kazakhstan-us-investment-roundtable/

President Tokayev addresses the Kazakhstan-U.S. investment roundtable in New York, outlining political reforms, investment opportunities, and economic cooperation with the United States.

## Key Takeaways

- Kazakhstan is pursuing political reform, including a shift away from a super-presidential system and a seven-year presidential term limit.
- U.S. investment is a major pillar of Kazakhstan's economy, and the government is actively courting American investors.
- Kazakhstan offers significant opportunities in agriculture, critical minerals, energy and renewables, and transport logistics.
- Government support packages such as tax incentives, land access and infrastructure are offered in exchange for technology and best practices from investors.

## What the video covers

- Tokayev opens by thanking organizers and partners, including Chevron and the U.S. Chamber of Commerce, for the Kazakhstan-U.S. Investment Roundtable in New York.
- He describes global turmoil from the pandemic, geopolitical rivalry, supply chain disruptions and inflation as reasons for Kazakhstan's reform agenda.
- Constitutional amendments approved in a June referendum strengthen checks and balances, and a new seven-year presidential term without re-election is proposed.
- Tokayev announces a presidential election this fall and aims to move from a super-presidential system toward a stronger Parliament and accountable government.
- FDI flows recovered to pre-pandemic levels, reaching about $24 billion, with the United States described as the second-largest investor after the Netherlands at roughly $60 billion.
- Bilateral trade with the U.S. nearly doubled in six months, and Tokayev welcomed a U.S. trade mission to Kazakhstan.
- Agriculture is highlighted as a major opportunity: Kazakhstan exports over 5 million tons of wheat and invites investment in deep processing of agricultural products.
- Critical raw materials, rare earths and minerals are presented as a key area, with government incentives such as tax preferences, land plots and infrastructure support offered.
- Energy cooperation covers oil and gas, uranium (about 45% of global output), titanium, and a plan to raise renewables from 4% to 15% of the energy mix by 2030, including green hydrogen.
- Kazakhstan positions itself as a transport and logistics hub via the Trans-Caspian Corridor and a regional technology and digital transformation center, with financial sector development including green and Islamic finance.

## Chapters

1. 00:00 Opening remarks and thanks to organizers
2. 01:08 Global crisis and Kazakhstan's reform agenda
3. 02:37 Constitutional reforms and presidential election
4. 04:03 Investment climate and U.S. investment role
5. 05:26 Agriculture and food security opportunities
6. 06:47 Critical minerals, energy and renewables
7. 08:43 Transport, logistics and digital transformation
8. 12:03 Financial sector development and closing remarks

Answers

## Questions about this video

What political reforms does President Tokayev announce in this speech?

Tokayev describes constitutional amendments approved in a June referendum, a move away from the super-presidential system toward a stronger Parliament, and a proposed seven-year presidential term without re-election. He also announces a presidential election for the fall.

How important is the United States as an investor in Kazakhstan according to the speech?

Tokayev says the United States is the second-largest investor in Kazakhstan, with about $60 billion invested, and he credits American investment with helping build a robust private sector over nearly three decades.

What economic sectors does Kazakhstan promote to American investors?

The speech highlights agriculture and deep food processing, critical minerals and rare earths, oil, gas and uranium, titanium, renewable energy and green hydrogen, transport and logistics along the Trans-Caspian Corridor, and digital and financial sector development.

## Full Transcript — Download SRT & Markdown

00:01

Speaker A

foreign first of all I would like to thank Mr brilliant for your kind introduction and also I would like to express my appreciation to Mr Johnson for his personal engagement in organizing this very important event one of the major

00:19

Speaker A

events in my program although I'm paying a very short time visit to New York I need to go back to my country but nevertheless I'm very happy to see all of you this evening and I also would like to express my appreciation to

00:36

Speaker A

Chevron which is blazing the past in Kazakhstan and I'm delighted to be in the company of the world class executive leaders today at the Kazakhstan U.S investment Roundtable which is becoming a good tradition by the way here in New

00:52

Speaker A

York and God bless next year we will be able once again to get together here and let me thank our partners the United States Chamber of Commerce and Business Council Members for organizing this event today we are witnessing that the

01:08

Speaker A

pandemic crisis coupled with the geopolitical confrontation among major Powers has brought a heightening uncertainty about the state of our world so the world has changed the existing economic and political system is collapsing before our eyes Global Market turmoil supply chain

01:32

Speaker A

disruptions and solar inflation have exacerbated the whole situation under these circumstances we have studied the process of a real transformation and building a just and fair Kazakhstan it's not just election rhetoric but a serious far-region strategy the essence of

01:52

Speaker A

comprehensive reforms is based on strengthening the rule of law transparency accountability and ensuring equal opportunities for every citizen the national referendum on the Constitutional Amendments held in June became the first major milestone in this Direction with the overwhelming support

02:15

Speaker A

of the population the system of checks and balances as well as increased citizen participation in politics have been cemented in the Constitution it was followed by the new initiatives that I announced in my state of the nation address on the 1st of September we aim

02:37

Speaker A

to fundamentally reshape our political order leaving behind this super presidential system while strengthening the role of Parliament to move forward with these foraging and wide ranging reforms a new Mandate of course is needed that's why I have decided to call

02:59

Speaker A

a presidential election for this fall and also proposed to put into the Constitution a new provision which introduces a seven-year presidential term with no right for the same person to be re-elected I am convinced that it's a real evidence of the radical

03:19

Speaker A

reform we are undertaking to make Kazakhstan more democratic more transparent and more advanced meanwhile I insist on the presidential system of the state based on my own deliberated formula strong president influential Parliament and accountable government in parallel we are making every effort

03:42

Speaker A

to renew our economy we have got the resources the technology the skills and most notably the commitment on the last year the FDI flows to Kazakhstan managed to recover to the pre-pandemic a level owing to around the 24 billion in our

04:03

Speaker A

economy and 38 percent High reality of to 2020 taking this opportunity I would like to assure everyone who is here who might have a privilege to see here that all issues will be continuously under my tight control I'll be personally advocating investors

04:23

Speaker A

to come into Kazakhstan we understand that in the conditions of Affairs Global competition for Capital and investment the standard for Effective investment policy has been raised even higher being the largest and one of the fastest growing economies in Central Asia we pay

04:45

Speaker A

special attention to improving the investment climate while doing so we focus on the fundamentals of a Level Playing Field strong institutions and responsible business conduct standards we appreciate the transformative role of the American Investment that almost in three decades

05:06

Speaker A

have greatly contributed to this formation of a robust private sector in fact United States has emerged as the second largest investor in our economy the second one and the first one imagine who the Netherlands not China yet injecting

05:26

Speaker A

almost 60 billion in our economy the quality and essence of your Investments are really high our open doors investment policy remains consistent in providing a safe jurisdiction for the United States investors operating in Kazakhstan bilateral trade with the United States

05:47

Speaker A

is another important agenda which has nearly doubled in the last six months along for almost 100 percent growth in Kazakh exports I deemed to see this could be boasted by the U.S trade mission to Kazakhstan and we would

06:04

Speaker A

welcome such a trade Mission this year dear friends when it comes to our commercial and investment cooperation the sky is the limit let me elaborate on promising areas first in view of the current Global Food security challenges Kazakhstan presents a bidding investment

06:24

Speaker A

opportunities in agriculture Kazakhstan is known as the breadth basket of Eurasia and is the world's top 10 largest producers of green crops annually exporting over 5 million tons of Wheat and one and a half million tons of flour as a responsible player we

06:44

Speaker A

intend to work together with the United States to contribute to International Food security by delivering our products to the world's markets uninterrupted manner we encourage investments in deep processing of agricultural products and invite American food manufacturers to explore

07:04

Speaker A

the investment opportunities we are ready to provide comprehensive support to such projects second there is a great potential for a cooperation in the manufacturing sector Kazakhstan is one of the global leaders in critical Rome mineral and material reserves which can play an important

07:22

Speaker A

role in Boston Global Supply chains and emerging Technologies we possess the world's six largest natural reserves deposits and rank the tense for a total mineral production excluding oil and gas custom may prove to be the best bet of

07:41

Speaker A

sourcing these crucial materials being in home to 60 deposits of precious non-farials and rarest Metals ready for exploration and development we invite you to explore this untapped potential as the global demand for critical materials and rare earth metals

08:00

Speaker A

is expected to quad Rubble by 2040. the government will provide all the necessary support including a range of preferences and incentives such as tax and Customs preferences provision of land plots and basic infrastructure in return we would expect the companies to

08:20

Speaker A

bring in the best practices know-how and new technologies next with the second largest proven oil reserves in Eurasia Kazakhstan is a reliable supplier of oil and gas resources to mitigate Global energy crisis our country also accounts for 45 of the

08:39

Speaker A

global uranium Market output indeed we have proven to be a reliable long-term supplier of nuclear fuel components uranium powders and fuel pellets for nuclear power plants around the world on every competitive conditions in addition we are one of the main players in the

08:59

Speaker A

global titanium Market considering 11 of the global market palestine's titanium is used in ship building medicine oil and chemical Industries third custom has been steadily moving towards fulfilling his commitments to achieve carbon neutral energy by 2016. by 2030 we intend to

09:22

Speaker A

make a breakthrough in increasing the share of Renewables in the Energy Mix from the current four percent to 15 percent the quality of wind sun and large land availability can make us a leader in this sector and contribute to

09:39

Speaker A

Global Climate efforts we look forward to forging Partnerships in the energy sector that tap not only traditional resources but also new energy sources such as green hydrogen and more traditional renewable energy International experts confirm that Kazakhstan is one of the top 10

10:01

Speaker A

countries globally with the highest export potential of green hydrogen Force transportation and Logistics is on top of the agenda due to supply chain disruptions caused by the geopolitical tensions under these circumstances kazstan has regained strategic importance connecting east and west but

10:24

Speaker A

given the current geopolitical challenges we have begun to diversify and expand our Transit transportation and Logistics capabilities in Eurasia we are committed to helping provide new and reliable Transit routes to help secure Global Supply chains we have worked out

10:43

Speaker A

optimal Transportation routes to Europe and Middle East through the trans Caspian Corridor connecting countries of Eurasia fifth in our vision Kurdistan is set to become the regional technological Hub we have already started our reforms in supporting digital transformation

11:03

Speaker A

across the country these efforts have been recognized globally United Nations placed our e-government system in the top 30 lists and ranked us 11th in the online service index we are committed to significantly strengthen the human capital and are set

11:22

Speaker A

to train 100 000 globally competitive I.T Specialists by 2025. we are open to for various types of cooperation without American Partners including the launch of r d projects startups education connectivity integration among others I'm delighted to say that the Aston IIT Hub has been

11:47

Speaker A

named Google's exclusive partner for startups in Central Asia Mongolia and Azerbaijan I personally always see this important sector we even established a separate Ministry which is responsible for this area to help facilitate growth of this industry the minister is present

12:07

Speaker A

here and he is ready to work with you and perhaps give you any questions he's ready to answer 6. Kazakhstan has carried out successful and focused work on the development of stable and sustainable financial sector today our agency for regulation and

12:25

Speaker A

development of the financial Market actively cooperates with the financial Regulators of the United States and EU including sanctions policy moreover one of the truly unique features of our financial infrastructure is the Astana International Financial Center it's one of the kind in the Central Asian region

12:46

Speaker A

within dependent Court based on the common law the center provides tax benefits special visa and labor regime for its participants this Center is one of a kind and truly provides benefits for the foreign companies investing and working in

13:05

Speaker A

Kazakhstan today I'm proud to report that more than 1 400 companies from 64 countries around the world work at the Astana International Financial Center and I expect this number will only continue to grow it has really become a

13:23

Speaker A

launch pad for new types of financial instruments including green financing Islamic finance and Etc last year alone the sustainable financing Market expanded 500 times exceeding 250 million we will continue to work on strengthening the financial sector and increasing our country's overall

13:45

Speaker A

investment attractiveness ladies and gentlemen I hope that the Strategic economic partnership between Kazakhstan and the United States continues to diversify and expand in all sectors today by virtue of our constructive dialogue we can reinforce our commitment to facilitating businesses to grow and

14:07

Speaker A

Thrive National company kazakhi invest will serve as a single window and provide end-to-end support for your initiatives my team is experienced in assisting investment and transition to Kazakhstan making it easier for your companies to do business in one of the

14:26

Speaker A

fastest growing economies in the region I also want to encourage you to stay in constant touch with the Ambassador years is a trusted focal point on issues of mutual cooperation I hope today's meeting will serve as a practical step

14:43

Speaker A

in advancing trade economic and investment cooperation between understanding the United States and further cementing the Strategic partnership between our two countries thank you for your attention

Topics: Kazakhstan Tokayev U.S. investment foreign direct investment critical minerals renewable energy agriculture Trans-Caspian Corridor political reform green hydrogen

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