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Kazakhstan is a physically large country, roughly equivalent in size to all of Western Europe. Kazakhstan declared independence from the Soviet Union in 1991, the last Soviet-controlled nation to do so. An ethnically diverse country, Kazakhs only make up 50% of the population while the remainder is composed of Uzbeks, Koreans, Chechens and other minorities. Kazakhstan’s currency is the tenge (KZT) which traded at KTZ147.28 to US $1 in 2010. Major languages spoken include Kazakhand Russian.

The country is a constitutional republic, with much power concentrated in President Nursultan Nazarbayev, who has maintained a stronghold over the country since 1991.

Kazakhstan has substantial mineral resources and is the world’s largest producer of uranium. The country has seen significant foreign investment in its oil and gas sector, which are the country’s leading economic sector. Major oil fields in production include developments in the Caspian Sea and northwestern...


Free Trade Zone National Petroleum Company Natural Resource Supply Inspection Hall Ambivalent Partner 
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© Asia Briefing Ltd. 2012

Authors and Affiliations

  • Asia Briefing Ltd.
    • 1
  1. 1.KowloonHong Kong SAR

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