QazTrade expands cooperation with Korean partners at the Central Asia – Republic of Korea summit

QazTrade expands cooperation with Korean partners at the Central Asia – Republic of Korea summit

18.09.2026 15:02:37 122

As part of the state visit of the President of the Republic of Kazakhstan to the Republic of Korea, a meeting of the "Kazakhstan – Republic of Korea" Business Council was held on September 15 in Seoul, during which a number of agreements were signed aimed at developing trade and economic cooperation and expanding the export of Kazakhstani products to the Korean market. 

 

JSC "Trade Policy Development Center "QazTrade" and the Korea SMEs and Startups Agency (KOSME) signed a memorandum of cooperation aimed at expanding opportunities for small and medium-sized businesses and developing the innovative component of Kazakhstani exports. The document provides for the implementation of joint projects, exchange of experience and expertise, development of educational and acceleration initiatives, as well as active promotion of e-commerce as one of the promising tools for domestic companies to enter international markets.

 

 

The cooperation between QazTrade and KOSME is a continuation of the systematic work of the two organizations. In 2025, the parties implemented joint educational programs for Kazakhstani IT companies, within which entrepreneurs had the opportunity to familiarize themselves with Korean approaches to digital transformation, scaling technology businesses, and implementing artificial intelligence-based solutions. 

 

Following the interaction, the parties also agreed on the further development of expert support, the creation of a joint working group, and the integration of Kazakhstani companies into relevant Korean acceleration programs.

On the same day, a number of commercial agreements were signed with the participation of Kazakhstani companies. In particular, Kusto Logistics Management and Seojoong Logistics agreed on the development of trade and logistics cooperation and the expansion of business ties between the companies of the two countries.

 

LLP "Merke-Et" and Jung Ho Park - Highland Innovation concluded agreements providing for the supply of Kazakhstani meat products, including canned meat, to the market of the Republic of Korea in a volume of up to 1,000 tons per year. In addition, Samsar Investment and JSC "Coupaju" concluded an agreement for the supply of Kazakhstani sunflower oil with a total value of 3 million US dollars. A separate area was the expansion of supplies of metallurgical industry products. 

 

LLP "Ekibastuz FerroAlloys" and Uni Metal Co., LTD signed a Memorandum of Understanding and Cooperation, providing for the creation of a basis for long-term interaction and the organization of regular supplies of ferrosilicon produced by LLP "Ekibastuz FerroAlloys" to Uni Metal Co., LTD on terms agreed upon by the parties. The potential supply volume under the agreement is estimated at 50 million US dollars. Thus, the documents signed on September 15 cover several key areas of Kazakhstani-Korean trade interaction - logistics, food exports, and supplies of metallurgical industry products, creating additional opportunities for domestic producers to enter the market of the Republic of Korea.

 

On September 16 in Seoul, as part of the "Central Asia – Republic of Korea" Summit (C5+5), the signing of a Trade Cooperation Agreement between the Korea Trade-Investment Promotion Agency (KOTRA) and QazTrade took place.

 

Also, the President of the Republic of Kazakhstan noted the need to double bilateral trade turnover with the Republic of Korea. In 2025, the trade volume between the two countries amounted to 3.17 billion US dollars, which is 1.3% more than the 2024 figure. For January-July 2026, according to current data, trade turnover reached 1.57 billion US dollars.

 

"Given the current volume of mutual trade, the potential of Kazakhstan and the Republic of Korea is significantly higher. Our task is to expand the range of Kazakhstani exports, increase the number of domestic companies represented in the Korean market, and translate the agreements reached into concrete export contracts" - Ainur Amirbekova, Deputy General Director of JSC "Trade Policy Development Center "QazTrade"

 

 QazTrade acts as a single operator for promoting non-resource exports of Kazakhstan and provides comprehensive support to domestic producers when entering foreign markets. As part of its activities, the Center assists exporters in searching for and selecting potential buyers, organizing B2B negotiations, participating in international exhibitions and trade and economic missions, adapting products to the requirements of target markets, promoting national goods, and developing export competencies of businesses.

 

Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1294078?lang=ru