The Republic of Kazakhstan is a landlocked country located mainly in Northern Central Asia and partly in Eastern Europe. With an area of 2,724,922 sqkm, the country shares borders with Russia to the North and West, China to the East, Kyrgyzstan, Uzbekistan and Turkmenistan to the South. The country has a population of nearly 18,440,161 inhabitants, with a GDP of $170.539 billion in 2018 (source: IMF, France Diplomatie, 2019).
The Kazakh economy is mainly based on hydrocarbon extraction.
Kazakhstan is France's leading trading partner in Central Asia, while France represents Kazakhstan’s 9th supplier after Russia, China, Germany, the United States and Italy.
Energy and industry are the two pillars of economic relations between France and Kazakhstan. However, France has been able to diversify its presence in the country with the establishment of major industrial groups and the creation of Franco-Kazakh partnerships in many sectors (rail, aeronautics, space, automotive, agri-food, construction materials, renewable energies, industrial gases). There is also significant cooperation in the space sector (source: France Diplomatie, World Bank).
In order to meet the needs of its customers on the Kazakh market, Simon Associés has developed privileged relations with economic and legal partners locally.