Kazakhstan is diversifying its economic policies and sees Hong Kong as a key partner, moving beyond its previous focus on the UAE. This aligns with Kazakhstan's long-standing multi-vector foreign policy.

As part of its decades-old “multi-vector” foreign policy, based on balancing relations between major powers such as China, Russia, the United States and the European Union, Kazakhstan – Central Asia’s largest country – is now actively diversifying its economic and financial policies. While in the past, Astana sought to strengthen cooperation with the United Arab Emirates (UAE), the leading international financial hub in the Middle East, today, Hong Kong seems to be becoming a key partner for...