Lanterna Rally

Author: Institute of Export (IoE)

Publisher:

Published: 2016

Total Pages: 76

ISBN-13:

Kazakhstan is the 9th largest country in the world, (the largest land-locked) and is located in central Asia, it is also one of the most sparsely populated with an estimated population of around 17.6 million. The country has a dramatically-variable continental climate. In the cold and lengthy winter, temperatures as low as -40°C are not uncommon, as opposed to 40°C sweltering heat in the summer. Kazakhstan is a republic, with the government and many large state companies based in the country's capital city Astana, which has a fast-growing population. The city of Almaty, the previous capital, is still a commercial hub, with a much larger population than the capital. Other principal cities include Aktau, Atyrau, Karaganda, Shymkent and Pavlodar. Kazakhstan gained independence from the Soviet Union on the 16th December 1991, following its collapse. A relatively young country in some respects, Kazakhstan is ambitiously western, although it still carries a somewhat soviet legacy, principally in the overly-bureaucratic administration of business and property. The UK is one of the top 5 largest investors in Kazakhstan. In 2014, bilateral trade between the UK and Kazakhstan equated to USD $1.2 billion. The main UK exports are oil and gas, education, financial and business services, healthcare and medical equipment, architecture and design services, as well as mining.