Key issues of strengthening political and economic co-operation discussed with EU ambassador

Minister of Foreign Affairs of the Republic of Kazakhstan Murat Nurtleu held a meeting with the Head of the Representative Office of the European Union (EU) in the Republic of Kazakhstan Ambassador Kestutis Jankauskas (pictured). The interlocutors discussed further steps to fully realize the potential of the Enhanced Partnership and Cooperation Agreement between the Republic of Kazakhstan and the EU (EPCA). Kazakh Foreign Minister highlighted the effective work of the dialogue platforms established under the EPCA, as well as the dynamically developing engagement at the inter-regional level.

In this context, the parties discussed preparation works for the Central Asia – EU Economic Forum that will be held on May 18-19 in Almaty. Special attention was given to the deepening of cooperation in the fields of transport, logistics and infrastructure that have become especially important in the light of the EU Global Gateway strategy. During the meeting, the parties exchanged views on relevant issues of the international and regional agenda, as well as outlined priority spheres of cooperation in the short, medium and long term.

As the result the parties agreed to continue close interaction for further deepening of Kazakhstan – EU cooperation. For reference: European Union is Kazakhstan’s main trade and investment partner. The EU accounts for more than 30% of Kazakhstan’s foreign trade and foreign investments. In 2022, the trade turnover amounted to $39.9 billion, which is by 38% higher than the figure from the previous year. Exports amounted to $32.3bn, imports – $7.6bn. Moreover, in 2022 the European investment in Kazakhstan grew for 23% and reached $12.5bn.

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