International Affairs KZ

Kazakhstan FM meets with British business community

On February 25 in London, Minister of Foreign Affairs of Kazakhstan Yermek Kosherbayev took part in a roundtable meeting with representatives of the British business community.

The British side was represented by Acting Minister of State for Business and Trade and Co-Chair of the UK side of the Kazakhstan-UK Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation Chris Bryant, Chairman of the British-Kazakh Society Rupert Goodman, as well as senior executives of leading British companies, including Maritime House, Weir Group, Perry Engineering, Car Park Transformer, British Petroleum, Standard Chartered Bank, UK Export Finance, London Stock Exchange Group, Gleeds, Better Earth, Eutelsat One Web, and representatives of Coventry University and Cardiff University.

Participants discussed prospects for expanding trade, economic and investment partnership between Kazakhstan and the United Kingdom. Particular attention was paid to cooperation in critical minerals and rare earth elements.

“Within the framework of ongoing institutional reforms, Kazakhstan continues to strengthen investor protection and offer targeted tax incentives and preferences. We remain firmly committed to ensuring that your investments generate long-term returns, supported by political stability, a favorable business climate, and consistent efforts to unlock new opportunities in our economy,” emphasized Kosherbayev.

Deputy Minister Bryant highlighted the success of British investors in Kazakhstan and stressed the importance of bilateral cooperation. He expressed readiness to advance joint work in green economy projects, rare earth elements, transport and transit, education, and AI-IT.

Following the event, the parties signed the Kazakhstan-UK Roadmap on Strategic Partnership in the Field of Critical Minerals through 2027 and a Memorandum on expanding partnership and intentions to open a licensed campus in Almaty between Coventry University and Coventry University Kazakhstan.

In addition, it was announced that the presence of British educational institutions in Kazakhstan will be further expanded, including the opening of Charterhouse School in Almaty, the launch of an Artificial Intelligence Centre by Cardiff University, and the opening of a new campus of Heriot-Watt University in Aktobe.

The UK is among the top ten largest investors in Kazakhstan’s economy. In 2024, British investments amounted to $723.7 million, while in the first nine months of 2025 they totaled $471.5 million.

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