Kazakhstan intends to expand and strengthen economic cooperation with EU countries – Alikhan Smailov

The Prime Minister of Kazakhstan Alikhan Smailov chaired a meeting of Kazakhstan-European Union Dialogue Platform.

The event was attended by the head of the European Union Delegation to Kazakhstan, ambassadors of Germany, France, Spain, Lithuania, Poland, Belgium, Sweden, Slovakia, Estonia, Croatia, the Netherlands, Bulgaria, the Czech Republic, Latvia, Finland, Italy, Austria, Greece, and Romania in Kazakhstan, as well as heads of central government agencies and national companies.

Opening the meeting, the Prime Minister of Kazakhstan noted that the European Union has been one of the main political, trade, economic and investment partners of Kazakhstan for many years.

The trade turnover between Kazakhstan and the EU countries for 6 months of 2022 amounted to $20.1 billion, which is 51.2% higher compared to the same period in 2021.

According to the results of the 1st quarter, the gross inflow of foreign investments increased by 54% and amounted to 6.8 billion USD. At the same time, the attraction of capital in the mining industry increased by 35.7%, amounting to USD 3.5 billion.

“We see that the European Union is showing interest in the mining industry of Kazakhstan. Indeed, the potential for cooperation in this sector is enormous. In this regard, we call on the geological services of the European Union countries to partnership in the field of digitalization, the development of geological science and the creation of industry infrastructure,” said Alikhan Smailov.

The Prime Minister noted that as part of the automation of the industry, a single Kaznedra platform is being created by combining and integrating all existing information systems in the field of subsoil use. This platform will facilitate the provision of comprehensive service support to investors in the mode of a "single window".

The Head of Government also stressed that Kazakhstan, along with traditional types of exploration, is interested in advanced methods of geophysical research.

“Taking this opportunity, I would like to once again confirm Kazakhstan's intention to expand and strengthen our economic cooperation with the EU countries,” said Alikhan Smailov.

During the meeting, the participants discussed the issues of mining, application of new technologies, digitization of geological data, attraction of investments, processing of industrial waste and environmental protection.

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