01.10.19

On September 1, 2019, the Prime Minister of Kazakhstan Askar Mamin held a meeting with the diplomatic representatives of the member states of the European Union in order to discuss the next steps in developing cooperation on investment.

According to information from Zakon.kz, the parties discussed the results of the resolutions adopted at the first meeting held three months ago. In the first meeting, issues such as investment, agriculture and animal husbandry, energy, cargo transportation, customs, environmental protection, opening of domestic goods to the European Union markets were discussed along with the current commercial-economic issues.

The total cost of investments from European Union countries is more than half of the investments in Kazakhstan. From 2005 to the first half of 2019, the European Union invested 150 billion USD in the Kazakh economy. Moreover, the European Union is seen as the largest trading partner of Kazakhstan. Based on data for July 2019, the total trade volume of the two sides reached 20 billion USD.

Prime Minister Askar Mamin said that Kazakhstan is a center of attraction for investors and boosting business activities is one of the main areas and objectives of the government.

https://www.zakon.kz/4988296-okolo-150-mlrd-investiroval-za-14-let.html