Kazakhstan: Central Asia's Economic and Strategic Hub
For years, journalists and scholars have reported that Kazakhstan's evolution from a post-Soviet backdrop to a well-respected economic and political player in Eurasia's geopolitics with a certain degree and surprise.
I wouldn't call it a surprise; it is the fruit of profound strategic thinking.
The dissolution of the USSR left Kazakhstan in an economic crisis. Still, our founders were able to use our substantial natural resources power and influence to restart the engine of revival and growh.
Today, in 2024, Kazakhstan is considered a serious international actor, a stable one, and an economic stronghold for the region, thanks mainly to its vast oil, gas, and mineral reserves. And EV economy reserves: cobalt, nickel, or lithium.
The natural resources sector is a primary driver. Both traditional gas and oil industries and newer, more groundbreaking cobalt and nickel ones have made us a superpower in terms of extraction and export.
The country's GDP growth from $11.4 billion at the onset of independence to $190 billion by 2021 is proof of that. Numbers don't lie.
Beyond our resource-driven economy, our nation has more recently positioned itself as a critical transportation and logistics hub. It is from Khorgos to Aktau that China and the West connect. 11 international transit corridors are the superhighway of goods and services, from electronics to minerals - and one of the routes that make the global economy work seamlessly in these times of turmoil
Geographically, Kazakhstan's location in the center of the Eurasian landmass offers unique advantages. It is instrumental in China's Belt and Road Initiative, and relevant for our other neighbours. We are, more than anything, a bridge.
Kazakhstan's role extends beyond economics and geography. Our economic stability and national peace are aspirations for many others. We are able to influence the dynamics between its neighbors and the broader international community. Our role in international organizations such as the Organization of Turkic States—of which we are the largest member geographically—demonstrates how Kazakhstan is poised to become an increasingly important actor over the next few years.
Our country's transformation continues to shape the dynamics of Eurasia. And in the future, I believe that our role will be even more important. Just you wait.