US President Donald Trump unveiled a slew of trade, diplomatic, and mineral deals as he hosts Central Asias five leaders for a summit and dinner meant to shore up Washington's influence in the region.
Kazakh and US officials on November 6 announced a new joint partnership to develop one of the world's largest untapped deposits of tungsten in the Central Asian country.
The deal will see the US company Cove Kaz Capital Group take a 70 percent stake in the venture alongside Kazakhstans state mining firm and is estimated to cost $1.1 billion, while the US Export-Import Bank has issued a letter of interest to fund $900 million.
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Trump Hosts Central Asian Leaders For More Mineral Diplomacy At High-Profile Summit
Among other takeaways from the summit was a still yet to be fully detailed deal to sell up to a combined 37 Boeing jets to the national airlines of Kazakhstan, Tajikistan and Uzbekistan, and an agreement for Starlink -- the satellite Internet service provider owned by business mogul Elon Musk -- to integrate its services with networks from the telecoms company Veon, which will start with Beeline, its operator in Kazakhstan.
On the diplomatic front, Kazakh President Qasym-Zhomart Toqaevannouncedthe Central Asian country will join the Abraham Accords, the US-led framework for cooperation between Israel and Arab and Muslim nations.
