EU investment in Kazakhstan reaches $4.2 billion in six months

EU investment in Kazakhstan reaches $4.2 billion in six months

Kazakhstan and the EU traded goods worth more than $33 billion over the first nine months of this year. Meanwhile, inflows of direct investment from EU countries into the country’s economy exceeded $4 billion in the first half of the year. These developments were discussed at the 18th meeting of the Kazakhstan-EU dialogue platform, chaired by Prime Minister Olzhas Bektenov. He emphasized the country’s interest in deepening cooperation with its partners. In turn, ambassadors and diplomats from European countries noted that Kazakhstan is a key destination for foreign investors in Central Asia. Promising areas of cooperation include energy, digital communications and AI, transport, and the agro-industrial complex. Kazakhstan’s investment leadership is attributed to the favorable conditions created in the country, which guarantee the protection of interests and support for business. The Prime Minister called on European business circles to implement joint projects with localized production and to expand their presence in Kazakhstan.