Kazakhstan has three cultural and natural heritages on the UNESCO World Heritage list: the Mausoleum of Khoja Ahmed Yassaui, Petroglyphs within the Archaeological Landscape of Tamgaly, and the Korgalzhyn and Nauryzumsky reserves.
Oil and gas is the leading economic sector. In 2000, Kazakhstan produced 35,252,000 metric tons of oil (700,000 barrels per day), a 17.4% increase over 1999's 30,025,000 tons. It exported 28,883,000 tons of oil in 2000, up 38.8% from 20,813,000 tons in 1999. Production in 2001 has been growing at roughly 20%, on target to meet the government's forecast of 40,100,000 tons of oil (800,000 barrels per day). In 2000, production reached 11.5 km of natural gas, up from 8.2 km in 1999.
Kazakhstan has the potential to be a world-class oil exporter in the medium term. The landmark foreign investment in Kazakhstan is the TengizChevroil joint venture, owned 50% by ChevronTexaco, 25% by ExxonMobil, 20% by KazMunaiGas of Kazakhstan, and 5% by LukArco of Russia. The Karachaganak natural gas and gas condensate field is being developed by BG, Agip, ChevronTexaco, and Lukoil. The Agip-led Offshore Kazakhstan Consortium has discovered potentially huge Kashagan oil field in the northern Caspian. Kazakhstan's economic future is linked to oil and gas development. GDP growth will depend on the price of oil, as well as the ability to develop new deposits.
In December 2015, Kazakhstan Government approved new privatization plan for 2016 - 2020. It is a large-scale privatization program that continues the privatization of 2014 and includes 60 major state-owned companies. According to Kazakh Finance ministry, the state budget got 6.99 billion tenges ($20.6 million) from the deals reached within the 2014-2016 privatization program as of Sept. 20, 2016. Kazakhstans privatization program aims to reduce the state participation in the economy to 15 percent, which is the level set for countries of the Organization for Economic Cooperation and Development (OECD).
Bilateral relations have grown steadily since that time. Cooperation between the two nations has grown in political, economic, and educational spheres. The presence of 100,000 ethnic Koreans living in Kazakhstan (known as Koryo-saram) creates an additional link between the two countries.
On December 2829, 2014 Kazakhstan's Prime Minister Erlan Idrissov paid a visit to Turkish capital Ankara. Idrissov met with Turkey's President Recep Tayyip Erdogan and Prime Minister Mevlut Cavusoglu. During the meetings Kazakhstan's and Turkey's foreign ministers announced their intentions to further deepen bilateral political and economic ties, including by reaching the mark of $10 billion in annual trade.