BAKU, Azerbaijan, September 7. Kazakhstan has
reached an agreement with South Korea to implement a joint
investment project to produce canned meat in the country.


This was announced by the Ministry of Trade and Integration of
Kazakhstan, following the Kazakhstan-Korea Business Forum in
Almaty.


According to the Ministry, the production facility is planned to
be established in Kazakhstan, with Samsar Investment representing
the Kazakh side. The total investment by the two sides is expected
to amount to $1.3 million.


The sides also reached agreements on the export of 1,000 tons of
beef worth $13 million from Kazakhstan to South Korea. In addition,
Kazakhstan's Samsar Investment agreed to export 3,000 tons of
refined sunflower oil to South Korea on a monthly basis.


The forum was attended by the Korea Importers Association
(KOIMA). The Korean side was represented by a large business
delegation of around 100 company representatives.







"Kazakhstan possesses not only abundant natural resources but is
also an important economic and logistics hub connecting Europe and
Asia. With its advantages in such areas as energy, industry and
critical minerals, as well as the sustainable development of its
agricultural and food industries, Kazakhstan offers significant
opportunities to diversify and strengthen South Korea's supply
chains," KOIMA Chairwoman Youn Young-mi said at the business
forum.


Kazakhstan's Vice Minister of Trade and Integration Aidar
Abildabekov said that the Republic of Korea is an important trade
and economic partner of Kazakhstan. He pointed out the importance
of not only increasing trade volumes but also expanding its
structure by increasing exports of finished products and goods with
high added value.


Overall, commercial documents worth $54.8 million were signed
following the business forum, which brought together more than 200
representatives of the business communities of Kazakhstan and South
Korea.


According to the ministry, trade and economic cooperation
between Kazakhstan and South Korea has continued to grow. In 2025,
trade turnover between the two countries amounted to $3.17 billion,
increasing by 1.3% compared with $3.13 billion in 2024. In the
period from January through June 2026, bilateral trade reached $1.3
billion, while Kazakhstan's exports to South Korea increased by
17.2%.