AGP Executive Report
Last update: 6 hours agoForced-Labor Tariffs: The U.S. USTR proposed new Section 301 duties of 10%–12.5% on imports from 60 economies over alleged failures to block forced-labor goods, with comments due early July—Kazakhstan exporters should check product exposure and exemptions. Oil Market Shock: OPEC+ agreed to raise July output by 188,000 bpd, including Kazakhstan’s +10,000 bpd, but analysts warn the Strait of Hormuz blockade means the real supply impact may be limited. Energy Cooperation: Kazakhstan and Shell signed an MoU to digitize and unify hydrocarbon geological archives via a GIS pilot, using AI to improve exploration decisions. Nuclear Push: Kazakhstan and South Korea advanced talks on nuclear cooperation, including possible SMR collaboration and a draft memorandum. Agri Export Boost: Kazakhstan received FMD-free status, a move aimed at expanding livestock export access. Water & Industry: Kazakhstan sent 6.16 bcm of water into the Caspian since January, while oilseed-processing exports hit $963m over four years, showing continued value-add momentum. Regional Connectivity: Experts say the Middle Corridor is entering a strategic development phase, with workforce and logistics capacity highlighted.
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