Astana: Switzerland has invested a total of $35.8 billion in Kazakhstan since 2005, President Kassym-Jomart Tokayev revealed during a meeting with Swiss Vice President, Guy Parmelin, in Astana.
According to Trend News Agency, President Tokayev emphasized Kazakhstan’s recognition of Switzerland as a key political and economic partner in Europe, highlighting it as one of the largest investors in the Kazakh economy. He noted that nearly 400 Swiss companies and joint ventures are currently operating within Kazakhstan.
Tokayev pointed out that Vice President Parmelin’s visit to Astana presents valuable opportunities to invigorate the bilateral agenda between the two nations. He also stressed the ongoing positive political dialogue between Astana and Bern, which continues to develop openly and constructively across various levels.
The president underscored the robust and dynamic expansion of economic cooperation between Kazakhstan and Switzerland, highlighting their active collaboration across sectors such as energy, mining, manufacturing, construction, agriculture, pharmaceuticals, finance, and emerging technologies.
In response, Vice President Parmelin praised the positive trajectory of bilateral relations and reaffirmed Switzerland’s commitment to enhancing political dialogue, expanding investment initiatives, and advancing joint projects in key economic sectors.