• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12768.26
    • RUB162.63
    • EUR14400.04
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +24°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Kazakhstan

    Kazakh-German Intergovernmental Working Group propels economic cooperation

    Kazakh-German Intergovernmental Working Group propels economic cooperation

    The 14th meeting of the Kazakh-German Intergovernmental Working Group (IWG) convened in the historic halls of the Ministry of Economic Affairs and Climate Protection of the Federal Republic of Germany, heralding a fresh chapter in bilateral economic cooperation, the Ministry of Industry and Construction of Kazakhstan reported.

    Photo: Kazakhstan and Germany reinforce economic ties
    Source: Ministry of Industry and Construction of Kazakhstan

     

    Chaired by Kanat Sharlapaev, the Minister of Industry and Construction of the Republic of Kazakhstan, and Dominik Schnichels, the Director of Foreign Economic Policy of the Federal Ministry of Economics and Climate Protection of Germany, the gathering underscored the strategic significance of the alliance between Kazakhstan and Germany.

    The meeting served as a pivotal platform for both nations to reaffirm their commitment to broaden economic and investment collaboration, charting a course for enhanced ties.

    The IWG, serving as the linchpin for coordinating bilateral endeavors, once again demonstrated its efficacy in bolstering governmental partnerships, setting the stage for concrete economic ventures in the times ahead. A spectrum of topics was discussed, ranging from energy to transportation and logistics, with a focal point on realizing the Partnership Agreement across various sectors including raw materials, industry, technology, water, and agriculture.

    Photo: Kanat Sharlapaev, the Minister of Industry and Construction of the Republic of Kazakhstan
    Source: Official Information Source of the Prime Minister of the Republic of Kazakhstan

     

    Addressing the importance of Kazakhstan's role as a dependable supplier of energy resources and strategic commodities to Europe, Minister Sharlapaev highlighted the development of the Trans-Caspian International Transport Route (TITR), commonly known as the Middle Corridor. Moreover, he emphasized the augmentation of Kazakhstan's industrial prowess, identifying Germany as an ideal partner given its industrial expertise and competencies.

    “The development of the Trans-Caspian International Transport Route (TITR or Middle Corridor) is of great importance for Kazakhstan as a reliable supplier of energy resources and strategic goods to Europe. Strengthening the industrial potential of Kazakhstan is also one of the strategic areas of cooperation with Germany. For our republic, Germany, as an industrial power with its key competencies, is the most suitable partner. The Government of Kazakhstan is faced with the task of further improving the conditions for attracting large private investments, the institutional environment for business, and the harmonization of legislative regulation,” Minister Kanat Sharlapaev shared.

    In tandem with Kazakhstan's strategic geographic location at the nexus of intercontinental transport routes, including energy supply corridors, the nation is poised to emerge as a regional investment hub and a pivotal player in the global energy landscape.

    Photo: Focus on energy, transportation, and logistics at IWG meeting
    Source: Ministry of Industry and Construction of Kazakhstan

     

    In recognition of Kazakhstan's growing stature, the German Foundation for Science and Politics (SWP) bestowed upon Kazakhstan the designation of a "middle power," acknowledging its influential role in global politics and economics alongside only 12 other nations.

    Both sides agreed on specific projects in priority sectors, setting the stage for deeper collaboration. Schnichels reaffirmed Germany's keen interest in furthering economic ties, particularly amid ongoing reforms in Kazakhstan.

    “The agreements reached today indicate that this bilateral platform is helping to improve the framework conditions for further rapprochement between government and business circles, as well as practical promotion of mutual trade and investment. Kazakhstan is a country rich in natural resources with unique opportunities. Germany is interested in further deepening trade and economic cooperation in the context of ongoing economic and social reforms in the country,” Dominik Schnichels voiced.

    The Kazakh delegation extended invitations to German counterparts to actively participate in diversifying economies, establishing joint ventures, fortifying energy, food, and raw material security, incorporating advanced German technologies, and boosting mutual trade volumes.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    19.02.2024, 17:31   Comments (0)   1699
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Kazakhstan and Germany sign deals worth $1.7bn

    22.06.2023, 11:56

    Kazakhstan intends to transport 1.2mn tons of oil to Germany by year-end

    01.07.2023, 11:59

    Kazakhstan suggests to establish consortium for commodities to Germany

    29.09.2023, 20:49

    German enterprises set to initiate lithium production in Kazakhstan 

    19.02.2024, 14:16

    Kazakhstan launches Pandemic Fund to fortify health resilience

    19.02.2024, 13:00

    Kazakhstan plans $22 bn investment in transportation infrastructure

    19.02.2024, 02:04
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

     

    Recommended

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    8 May, 11:26

    Uzbekistan sees rise in cross-border travel as outbound tourism jumps 20%

    7 May, 12:38
     
     
     

    Latest news

    Kyrgyzstan open to global cooperation in fintech and digital economy, says PM Kasymaliev

    Kyrgyzstan | 30 May, 17:39

    Tashkent ranks among Central Asia’s top 3 cities in Global Cities Index 2025

    Uzbekistan | 30 May, 15:07

    Uzbeks migrating to Khanty-Mansi region are returning to their ancestral lands, says Russian MP

    Uzbekistan | 30 May, 14:00

    Kazakhstan and Italy explore investment fund to advance agro-industrial complex

    Kazakhstan | 30 May, 13:05

    Uzbekistan, Pakistan explore joint textile production as Yunus Textile Mills eyes investment opportunities

    Uzbekistan | 30 May, 12:00

    Uzbekistan’s banking sector sees NPLs ease to 4.2%

    Uzbekistan | 30 May, 10:43

    Kazakhstan and Uzbekistan to establish pediatric cancer center

    Uzbekistan | 30 May, 09:00

    Kazakhstan, Germany expand partnership in trade, energy, and investment

    Kazakhstan | 29 May, 17:25
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.