The President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, has emphasized the nation’s commitment to attracting foreign investment. In a recent interview with Euronews, President Tokayev highlighted that “Development and attracting investment from abroad are top priorities for Kazakhstan,” underscoring the country’s leading position in foreign investments per capita within the region and potentially beyond.
The President expressed satisfaction with Kazakhstan’s improved standing in international rankings, which reflects the country’s ongoing efforts to create a favourable investment climate. He underscored the significance of advancing the energy and mining sectors.
In this respect, we are very much hopeful about our future cooperation with the European Union. We committed ourselves to being good partners in this very sensitive and strategically important area.We need international cooperation.
Kazakhstan's exports to the EU rose by 7.33%. We need more investment in this area. And I believe that in this particular area, Kazakhstan and the EU will become good partners and will be very much successful.
The burgeoning relationship between Kazakhstan and the European Union is evident in the trade figures. From January to July 2023, trade turnover between the EU and Kazakhstan reached €25.35bn, marking a 19% increase compared to the same period in 2022, which stood at €21.31bn. Notably, Kazakhstan’s exports to the EU climbed to €18.157bn, a 7.33% rise from the previous year’s €16.9bn. Imports also saw a significant surge, totalling €7.2bn and exceeding the previous year’s figures by 63.91%.
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