Kazakhstan and the European Union are bolstering their economic partnership, with a recent high-level meeting paving the way for expanded collaboration in trade, investment, and sustainable development.
A Kazakhstan-EU Cooperation Committee meeting held in Astana, reaffirmed the EU's position as Kazakhstan's foremost economic ally and set the stage for deeper integration on green initiatives.
The EU remains the largest single market for Kazakhstan's exports and a primary source of foreign investment. In 2024, the trade turnover between the two partners reached nearly $50 billion. More recent reports from April 2025 have indicated this figure could be as high as $49.7 billion, with Kazakh exports to the EU accounting for approximately $38.6 billion of that total. This robust trade relationship is further underscored by the immense flow of capital, with the EU having invested over $200 billion into the Kazakh economy since 2005. The footprint of European business in the Central Asian nation is substantial, with over 3,000 companies with European capital, including industry giants like Shell, Total, and Airbus, actively operating in the country.
A key focus of the ongoing dialogue is the comprehensive implementation of the Enhanced Partnership and Cooperation Agreement (EPCA). A recent visit by a delegation from the Council of the European Union's Working Party on Eastern Europe and Central Asia (COEST) in early June 2025 emphasized the practical steps being taken to realize the full potential of this agreement. Discussions are centered on enhancing technical regulations, streamlining digital trade, and significantly boosting the export of non-resource goods from Kazakhstan. The nation's e-commerce market is already showing significant promise, having surpassed 3.2 trillion tenge (approximately $6.3 billion).
A cornerstone of the evolving partnership is the joint commitment to a green transition. Both sides have agreed to intensify their collaboration on the implementation of the European Green Deal's principles. This includes strengthening cooperation in standardization, accreditation, and the adoption of Environmental, Social, and Governance (ESG) best practices. In April 2025, a partnership roadmap for 2025-2026 was endorsed, specifically targeting strategic cooperation in the fields of critical raw materials, batteries, and renewable hydrogen. This aligns with the EU's broader "Global Gateway" strategy, which aims to mobilize significant investment in sustainable infrastructure and energy projects across Central Asia. As part of this, a €12 billion investment package has been announced for the region, signaling a strong European commitment to fostering a green and resilient economy in partnership with nations like Kazakhstan.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of July, covering the latest developments you need to kno...
A deadly overnight attack by Russian forces on a correctional facility in Ukraine's Zaporizhzhia region has left 16 people dead and more than 35 injur...
Tensions between Thailand and Cambodia have eased after a ceasefire ended five days of deadly border clashes, but military talks remain delayed and Ba...
A 27-year-old gunman armed with an assault-style rifle killed four people, including off-duty officer Didarul Islam, inside 345 Park Avenue on Monday ...
At least 30 people have died in Beijing after torrential rains battered the Chinese capital, state news agency Xinhua reported on Monday....
Kazakhstan’s Ministry of Emergency Situations reported today (28 July) that a fragment of a military helicopter, which vanished from radar during a scheduled flight on Friday, has been found in the Almaty region.
A Kazakh military helicopter carrying three crew members vanished from radar during a scheduled flight over the Almaty Region on Friday, according to the country's defence ministry.
AnewZ Original Series 'Destination' features Kazakhstan’s premier winter sports destination and the largest ski resort in Central Asia: Shymbulak Mountain Resort.
AnewZ ‘s Destination travels to Kazakhstan’s most enchanting and unique retreat: Oi Qaragai Mountain Resort.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Ukrainian state-owned oil and gas company Naftogaz has signed its first agreement with SOCAR Energy Ukraine, a subsidiary of Azerbaijan’s SOCAR, to import a small volume of natural gas via the Trans-Balkan pipeline.
Freight traffic on the vital Middle Corridor trade route has nearly tripled through Georgia in the first half of the year, officials have confirmed, highlighting the growing strategic importance of the South Caucasus as a key artery for commerce between Asia and Europe.
The inaugurate BRICS Motor Rally will take place from 9th to 15th August 2025, along the route from Yekaterinburg to Moscow. The event is supported by the BRICS Business Council under the chairmanship of Braz, the Russian Ministry of Foreign Affairs, and the Russian Chamber of Commerce and Industry.
Kazakhstan’s Ministry of Emergency Situations reported today (28 July) that a fragment of a military helicopter, which vanished from radar during a scheduled flight on Friday, has been found in the Almaty region.
India’s defence minister has rejected U.S. President Donald Trump’s assertion that he brokered a ceasefire with Pakistan in May, insisting New Delhi halted fighting only after achieving its military and political objectives.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment