190 191
Kazakhstan today
Chapter 3. Foreign Policy
programme in Kazakhstan has exceeded $1bn since it was launched
[43].
Kazakhstan and the Republic of Korea. Kazakhstan’s diplomatic
relations with South Korea were established on 28 January 1992.
The chief role in establishing interaction between the countries
was played by high level meetings. Kazakh President Nursultan
Nazarbayev visited South Korea on an offi cial visit twice – in 1995
and 2003.
During his offi cial visit to Seoul on 15-18 May 1995, President
Nazarbayev signed one of the main documents for bilateral relations
– a declaration on the main principles of interaction and cooperation
between Kazakhstan and South Korea.
The declaration said that both countries admitted that guarantees
of the rights of ethnic minorities was the main element of stability in
the international community and that they would respect and protect
the rights and interests of citizens who had roots in Kazakhstan and
Korea to ensure their cultural traditions and religion in line with the
norms of international law [44, pp 332-333].
The Joint Declaration, signed during the Kazakh president’s sec-
ond visit to South Korea in November 2003, stressed the countries’
readiness to put efforts to support peace and stability in Asia and fi ght
international terrorism, organised crime and drugs.
Astana and Seoul agreed to expand cooperation through active
systematic exchange in the spheres of education, culture, tourism,
sport and local self-government [45].
During the fi rst state visit by South Korean President Roh Moo-
hyun to Kazakhstan on 19 and 20 September 2004, the countries
signed the Joint Statement. This statement pointed to the need to
expand bilateral relations in the spirit of friendship and cooperation
and raise practical interaction in the spheres of trade, energy, mineral
resources, science and technology to a higher level [46].
Present relations with South Korea, taking account of its economic
and political potential, as well as its presence in the Kazakh economy,
bear the nature of a strategic partnership for Kazakhstan.
The contractual and legislative basis for cooperation between
Kazakhstan and South Korea consists of over 60 documents, includ-
ing agreements on cultural and scientifi c and technical cooperation,
cooperation in the spheres of education, information technologies
and telecommunications, energy and mineral resources and other
spheres.
South Korea is one of the leading investors in the Kazakh economy.
Its total investment in Kazakhstan has reached about $3bn (as of 30
September 2008, according to the National Bank of Kazakhstan).
The main spheres of investment are construction, trade, fi nance,
information technologies, the production of buses, equipment for the
oil and gas and chemical sectors and white goods. Over 300 enter-
prises with the involvement of South Korean capital are operating
in Kazakhstan, including 48 joint ventures and 62 representative
offi ces.
Taking into account the tremendous interest that South Korean
companies have in Kazakhstan, one can suggest that active coopera-
tion between the two countries in the hi-tech sphere will ensure the
necessary resources for our country’s economic modernisation. How-
ever, Kazakhstan now needs investment for a number of key sectors
that are not as attractive – agriculture, machine-building and so on.
Apart from frequent political and economic contacts between
Kazakhstan and South Korea, one can talk about serious prospects
for cooperation in the humanitarian and cultural spheres, in which
a particular role is played by Kazakhstan’s Korean diaspora, which
numbers over 100,000 people. Kazakhstan’s wise minority policy is
one of the main assurances of the consistent development of Kazakh-
South Korean relations.
In the foreign policy sphere bilateral ties between Astana and
Seoul are important in the context of establishing and furthering
Kazakhstan’s cooperation with Asia-Pacifi c countries. One of the
main promising aspects is interaction with South Korea in the context
of regional integration and cooperation in ASEAN.
In essence, participation in ASEAN is one of the main ways of
involving Kazakhstan in Asia-Pacifi c integration structures, but this
is largely hindered by Kazakhstan’s geographical remoteness. No
less important is South Korea’s participation, as an infl uential global
player, in the activities of the CICA.