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TRENDS IN FOREIGN TRADE DEVELOPMENT OF SLOVAK AND KAZAKH REPUBLICS

Abstract:

The Republic of Kazakhstan is the most economically developed country in Central Asia which has a large content of strategically important natural resources, and it is an important hub of their transport. The country is located on the New Silk Road, and it connects the interests of many Asian and European trading partners. For Slovak exporters, Kazakhstan can provide great prospects for the realization of its goods and services, and the creation of joint investment projects can bring significant economic benefits to both countries. The aim of the article is to research the tendency of development and actual situation of mutual trade between Slovakia and Kazakhstan, and the position of given economic partners in their foreign trade. The research conducted on the basis of the latest available statistical data has identified possible prospective ways to intensify trade relations between countries for their mutual prosperity and economic development.

Authors: Andrianna BALEHA

Release: 2020/1     Pages: 5-17     JEL classification: F19, F21     
DOI:

Keywords: Republic of Kazakhstan, Slovak Republic, foreign trade, foreign direct investments (FDI).

Section:

Contacts:
Ing. Andrianna Baleha
Faculty of International Relations
University of Economics in Bratislava,
Dolnozemská cesta 1, 84920 Bratislava
Slovak Republic
e-mail: andrianna.baleha@euba.sk

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