Ukraine War Leads To New Investment In Kazakhstan

Since Russian President Vladimir Putin began his ill-fated “special military operation” (SVO) against Ukraine, subsequent international sanctions imposed in response produced the slowly mounting hemorrhaging of foreign firms based in the Russian Federation to other post-Soviet states, with many choosing to relocate to Kazakhstan. On April 19, Kazakhstan’s Prime Minister Alikhan Smailov told participants in a government meeting—held to discuss his nation’s socioeconomic development—that his government is in talks…