Within 7 months trade turnover between Kazakhstan and EU increased by 27%
Brussels hosted the 21st meeting of the Berlin Eurasian Club. The Kazakh Embassy in Germany and the German Committee on Eastern European Economic Relations organized a discussion for representatives of socio-political and business circles of Kazakhstan and the European Union. According to the European politicians and experts, independent Kazakhstan has achieved significant success in political and economic development. Moreover, experts add that by being a key partner of the EU in Central Asia, the country has created a favorable investment climate. International experts highlighted the importance of foreign policy initiatives and Kazakhstan’s stabilizing role in Central Asia. The parties discussed the process of ratification and partial application of the Enhanced Partnership and Cooperation Agreement between Kazakhstan and the EU. Since May 2016, 16 member countries of the EU have ratified the document.
ROMAN VASSILENKO, DEPUTY MINISTER OF FOREIGN AFFAIRS OF KAZAKHSTAN:
- Kazakhstan and the EU are holding a dialogue as equal partners. This year, we observe great dynamics in trade and economic cooperation with the EU. Within 7 months of this year the trade turnover between Kazakhstan and the EU member countries has increased by 27%. In addition to a positive conjuncture of oil prices, this agreement strengthens the dialogue between the government bodies, ministries and departments of Kazakhstan as well as the European institutions.
LUKE DEVINE, HEAD OF RUSSIAN DIVISION OF EU INTERNATIONAL SERVICE:
- I think we have an excellent cooperation. We have cooperation that is quite extended in many fields. As we know, since last year we have this Enhanced Partnership Cooperation Agreement which has been applied. It is not only economic (also it is very important economically) but also political and it has extended cooperation comparing to the previous agreement to many new fields.