Kazakhstan And EU Signed An Agreement On Critically Important Raw Materials For € 3 Million

Kazakhstan and the European Union (EU) signed an agreement in the field of critical raw materials in the amount of 3 million euros.

According to the Ministry of Foreign Affairs of Kazakhstan, Deputy Prime Minister, Foreign Minister of Kazakhstan Murat Nurtleu held negotiations with the European Commissioner on International Partnership Joseph Sickeli, during which the issues of practical implementation of specific projects were discussed in such priority areas of bilateral and regional cooperation as transport and logistics, critical raw materials, and critical raw materials, and critical raw materials. Green energy, digitalization, climate change, space and more.

The parties emphasized the further development of multifaceted cooperation between Kazakhstan and the European Union as part of an agreement on expanded partnership and cooperation, covering 29 spheres of interaction, as well as the implementation of the EU strategy in Central Asia.

Negotiations were held in the “round table” format with the participation of the leadership of various state bodies and departments of Kazakhstan under the chairmanship of the Foreign Minister of the Republic of Kazakhstan for the subject discussion of mutually beneficial projects as part of the initiative of the Global Gateway, aimed at promoting infrastructure projects that meet the requirements of sustainable development and interconnectedness, with the total budget, with the total budget. 300 billion euros.

“Kazakhstan remains committed to the further development of partnership with the EU. Over the years of independence of Astana and Brussels, they built a strong political dialogue, established dynamic interaction between the executive bodies, and our peoples support fruitful cultural and humanitarian ties,” the Minister emphasized.

During the negotiations, special attention was paid to issues of modernization of transport corridors designed to strengthen the interconnectedness between Kazakhstan, Central Asia and the EU, in particular, the further development of the Trans -Caspian International Transport Route.

“One of the important results of the negotiations was the signing of two documents – an agreement on guarantees for the loan of the European Investment Bank against the Bank of the Development of Kazakhstan in the amount of 200 million euros and an agreement between the European Union and the European Bank for the Development of Projects in the field of critical raw materials in Kazakhstan and Central Asia in the amount of 3 million euros,” the report said in a statement.

.

“The role of Kazakhstan as a strategic partner is of great importance for us. We strive for mutually beneficial results that will reveal new prospects, ensure steady growth, economic security and a stable future for both regions,” said the European Commissioner in turn.

The parties expressed a mutual interest in continuing the constructive dialogue and building long -term cooperation, contributing to the strengthening of sustainable and inclusive economic growth, innovative development and joint solution of global challenges.