Kazakhstan Pushes to Lift Jackson–Vanik Amendment, Calls for Broader Cooperation
Photo: DALL-E, AI Generated, Ill. purposes
The United States has signaled readiness to repeal Cold War–era trade restrictions, while Kazakhstan is calling for expanded cooperation in energy, digitalization, and education, Orda.kz reports.
During a working visit to Washington, Deputy Prime Minister and Minister of National Economy Serik Zhumangarin met with members of the U.S. Congress to discuss the repeal of the Jackson–Vanik Amendment, which still formally restricts trade between the two countries.
Zhumangarin expressed hope that Congress would move quickly to remove the outdated barriers.
The Deputy Prime Minister emphasized that Kazakhstan remains a reliable and predictable partner for investors, open to the expansion of American business. He also held talks with representatives of the U.S. Chamber of Commerce, where he proposed strengthening academic cooperation.
Currently, about 30 foreign universities operate in Kazakhstan — two of them American.
All U.S. lawmakers who met with Zhumangarin confirmed their support for lifting the amendment and for further developing bilateral relations.
Earlier, it was reported that the United States is prepared to remove the Jackson–Vanik Amendment with respect to Kazakhstan. Senator James Risch and Congressman Robert Aderholt publicly backed the initiative, noting the importance of establishing permanent trade relations between the two countries.
Former senator and now U.S. Secretary of State Marco Rubio previously described the amendment as “a relic of the past and absurd.” He stressed that applying it to Central Asian countries is no longer justified, adding that Kazakhstan has already demonstrated its commitment to a market economy, successfully passing the WTO audit.
However, the final repeal of the amendment still requires approval by the U.S. Congress.
Original Author: Ruslan Loginov
Latest news
- Dangerous Pests Found In 40 Tons Of Chinese Peaches And Carrots Bound For Kazakhstan
- Triple Pay, UN Funds And New Rules For Kazakhstan’s Servicemen
- How Much Kazakhstan Got For Its Trump-Linked Tungsten Stake
- Kazakhstan’s Business Cannot Cope Without The State?
- Kazakhstan Army To Give Recruits Two Weeks For Psychological Adaptation
- Astana Tarot Reader Caught Growing Cannabis In Her Wardrobe
- Toilets, Dogs And Parking: What Kazakhstan’s New Urban Rules Will Change
- Almaty Hotels Lose Foreign Guests As Prices Rise
- Kazakhstan Ratifies Border Agreement With Uzbekistan
- Kazakhstan To Host UN Regional Center For Central Asia And Afghanistan
- Kazakhstan Explains Drop In Foreign Investment By Profit Withdrawals
- Tokayev Says He Expects To Meet Trump Later This Year
- Kazakhstan Turns To Dutch Shipbuilders For Caspian Tankers
- Bibisara Asaubayeva’s Appeal Leaves The Sports Ministry Explaining Itself
- Kazakhstan to Replace School Textbooks After Hundreds of Errors Found
- Tech Imports to Kazakhstan Exempt From VAT Until 2030
- Police Seize 12 Tons of Fuel at Border Amid Illegal Export Attempts
- New Casino Planned to Open in Almaty Region in 2027
- Astana To Spend Billions To Revive Bike Rental System
- Sports Ministry Sees No Conflict In Golovkin Leading NOC And World Boxing