Kazakhstan- Korea, trade development (By Sylodium, international trade directory)

South Korea's direct investment in Kazakhstan during the past two decades has exceeded $4 billion. The ROK was the third-largest foreign investor before the 1997 Asian financial crisis, when most ROK investment went to the mining and energy sectors. Since 2006, more Korean investment has been going to the industrial, infrastructure and high-technology sectors. Kazakhstan has become South Korea's main economic partner in Central Asia, and powerful complementarities exist between Astana's desire for foreign capital and technologies, especially in order to develop its infrastructure and new high-technology sectors, and Seoul's need for natural resources, particularly energy and other commodities. Kazakhstan annual bilateral trade with South Korea now exceeds US$1 billion. Kazakhstan buys almost three times more ROK goods in terms of value than it sells to South Korea. Around 1,000 joint ventures utilizing some ROK capital now exist in Kazakhstan. Small and middle-sized Korean companies have entered Kazakhstan's market. They are supporting the implementation of the Kazakhstan-2030 social and economic development program and the Kazakhstan-2050 development strategy with their cutting-edge technologies. Sylodium (global import export directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Astana (Kazakhstan) - Seoul (South Korea) or any city around the World.