Kazakhstan and Austria intend to deepen their
cooperation. Priority areas include collaboration in mining, infrastructure,
tourism, and education. This was discussed during talks in Astana between the foreign ministers of the two
countries. Yermek Kosherbayev and Beate Meinl-Reisinger also focused on
expanding transport and logistics partnership, including the development of the
Middle Corridor and participation in the Global Gateway initiative. This
opens up new opportunities for business. The Ministers also emphasized their intention to further
develop cooperation in both bilateral and multilateral formats. Notably, Kazakhstan and
Austria established diplomatic relations more than 30 years ago. Around 400
Austrian companies operate in Kazakhstan, along with a number of joint
ventures. Last year, trade turnover between the two countries exceeded $300
million. Since 2005, direct investment from Austria into Kazakhstan’s economy
has totaled more than $3
billion.
«Trade and economic as well as investment cooperation remains one of the key driving forces of our multifaceted relations. The main mechanisms that give impetus to the development of partnership in this area are the activities of the Intergovernmental Commission and the Business Council, which continue to operate actively,» noted Kazakh Foreign Minister Yermek Kosherbayev.
«Our countries have
many similar interests and
common ground. This creates a solid foundation for further cooperation. We also
note the importance of the agreements reached, including those on visa
exemptions for holders of diplomatic passports and cooperation in the field of
readmission. I would like to particularly emphasize the importance of cooperation in the energy
sector,» said Beate Meinl-Reisinger, Federal Minister for European and International
Affairs of Austria.
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