Kazakhstan Seeks Permanent Normal Trade Status with U.S. ...Middle East

Economy by : (OILPRICE) -
The Biden Administration and Kazakhstan are both eager to boost mutual trade and investment. But an antiquated vestige of the Cold War known as the Jackson-Vanik amendment remains an impediment to stronger US-Kazakh economic ties.  Kazakhstan is a keen supporter of a US initiative launched earlier this year known as the B5+1 process, under which Central Asian states strive to lower trade barriers to attract higher levels of Western investment. At the same time, Kazakh officials complain that the ability to trade with the United States is clouded…

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