People's Republic of China–Kazakhstan relations

Kazakhstan-People's Republic of China relations

Kazakhstan

China

The bilateral relations between the Republic of Kazakhstan and the People's Republic of China have assumed an important strategic role with expanding commercial and strategic cooperation between the two nations.

Contents

History

The People's Republic of China and Kazakhstan formed diplomatic relations on January 3, 1992. The two nations signed their first boundary agreement in April 1994, a supplementary agreement in September, 1997, and their second supplementary boundary agreement in July 1998 to mark their 1,700 kilometres (1,100 mi) shared border.[1] In 1993, the President of Kazakhstan Nursultan Nazarbayev made an official visit to Beijing at the invitation of the then-Chinese President Jiang Zemin. Since then, the leaders of China and Kazakhstan have frequently exchanged high-level official visits. In 1996, both nations became co-founders of the Shanghai Cooperation Organization.[1]

Development of bilateral relations

China and Kazakhstan have promoted a rapid expansion of commerce and partnership over economic development, especially in harnessing Kazakhstan's oil, natural gas, minerals and other major energy resources.[2][3] Owing to rapidly expanding domestic energy needs, China has sought to obtain a leading role in cultivating and developing energy industries in Kazakhstan.[3] Along with operating four smaller oil fields, the China National Petroleum Corporation in 2005 bought Petrokazakhstan, that was the former Soviet Union's largest independent oil company, for USD 4.18 billion and spent another USD 700 million on a pipeline that will take the oil to the Chinese border. Petrokazakhstan was the largest foreign purchase ever by a Chinese company.[2]

In 2009 China lent $10 billion to Kazakhstan and gained a stake in MangistauMunaiGas.[4]

Strategic cooperation

Aimed at bolstering regional partnership on regional security, economic development and fighting terrorism and drug trafficking amongst Central Asian nations, Kazakhstan and China become co-founders of the Shanghai Cooperation Organization (SCO).[1] In developing ties with China, Kazakhstan aims to balance the geopolitical and economic influence of its northern neighbour Russia.[2][3] However, potential conflicts exist around China's the cultural ties between the Kazakh people and the Uighurs of China's Xinjiang province, which could influence a Uighur separatist movement.[3] China also aims to prevent the growth of U.S. influence in the region and the possible establishment of American air bases in Kazakhstan.[2][3] In 1997, both nations signed an agreement to reduce the presence of military forces along the common border along with Kyrgyzstan, Tajikistan.[1]

References