NUR-SULTAN (TCA) — On July 1, Kazakhstan’s Prime Minister Askar Mamin held a meeting with the heads of diplomatic missions of the EU member states to discuss further development of investment cooperation, the official website of the Prime Minister of Kazakhstan reported.
The parties exchanged views on issues of trade and economic cooperation and prospects for increasing the volume of trade in agricultural products. Special attention was paid to promoting the export of Kazakh products to the EU.
Mamin noted that the European Union is one of the largest trade and investment partners of Kazakhstan. The EU accounts for over 40% of Kazakhstan’s foreign trade turnover. In 2018, bilateral trade increased by 26%. Today in Kazakhstan there are more than 4 thousand companies with European participation and over 2 thousand joint ventures. Over the years of Kazakhstan’s independence, $125.1 billion of European investment has been attracted to the country’s economy.
“It is necessary to work on building up investment cooperation,” said Mamin, emphasizing the great potential in the field of industrialization, the agro-industrial sector, the transit transport potential, and the financial sector.
The Kazakh prime minister said that the country is actively working to further improve the investment climate.
The heads of diplomatic missions noted the positive dynamics of work to create a comfortable environment for doing business in Kazakhstan. Head of the EU Delegation to Kazakhstan Sven-Olov Carlsson expressed confidence that the established bilateral relations of the countries and the active involvement of the Government of Kazakhstan would give an additional impetus to strengthening investment cooperation using the existing potential.
Ambassadors of Germany, France, Latvia, Greece, the Netherlands, Austria, Finland, Belgium, Sweden, Poland, Italy, Croatia, representatives of Great Britain, Spain, Lithuania, Hungary, Bulgaria, Romania, Slovakia, the Czech Republic, and Estonia took part in the discussion.
