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Kazakh official: European Union is the biggest trade partner of “Astaneh”.

The Prime Minister of Kazakhstan said: Currently, the European Union is the largest trade and investment partner of this country with an investment of 175 billion dollars.

According to the Fars news agency reporter in Astana, the 13th meeting of the dialogue platform between Kazakhstan and the European Union was held in Astana under the chairmanship of Alikhan Ismailov, the Prime Minister of the Republic of Kazakhstan.

This ceremony was held with the presence of the first heads of central government departments, representatives of diplomacy and commerce.

In this meeting, issues related to the improvement of the tax and customs system of Kazakhstan, the development of the pharmaceutical industry, Geological explorations and agricultural industry, licensing, lending and business support, load reduction during export and import operations, as well as a number of other issues were discussed. He noted: Today, the European Union is Kazakhstan’s largest trade and investment partner. The total volume of European investments exceeded 175 billion dollars, especially during 6 months, EU countries invested 5.2 billion dollars in Kazakhstan’s economy. Kazakhstan is about 30%. Within 10 months, our business turnover exceeded 34 billion dollars. These figures show our continuous path towards increasing commercial and economic cooperation.

Ismailov added: Today, more than 3 thousand European companies are successfully operating in various sectors of the economy of the Republic of Kazakhstan, including the largest Transnational companies such as “Shell”, “Eni”, “Air Liquid”, “Alstom” and “Klass” are operating. have been. Our common pool is filled with new big projects. The implementation of the green hydrogen production project by “Svevind”, the conclusion of a contract with “Total” for the construction of a wind farm with a capacity of 1 GW, the plans of “Kanaf” to open the fourth plasterboard production plant, as well as the start of large-scale car assembly by “Scania”. It is one of its clear examples.

According to him, the process of expanding the presence of European companies in Kazakhstan is a direct confirmation of the growing investment attractiveness of this republic.

It was noted: Creating favorable conditions for business and improving the investment environment are among the government’s priorities.

He commented: We are trying to create the most favorable conditions for the influx of capital. To create quality and long-term investments. To achieve this goal, the regulatory framework and investment support tools are constantly improved in accordance with the best international standards. has accepted until 2026 considering ESG standards. To provide projects with quality infrastructure, a national infrastructure plan is being developed until 2029. As part of the new tax law, a service management model will be introduced.

He said: For the convenience of investors in receiving government services and quality support for projects, the National Capital Platform Digital marketing is developing.

According to him, in general, the government of the Republic of Kazakhstan will continue the stable government policy with the aim of creating a favorable investment environment.

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