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Astana, Kazakhstan • 16 May, 2024 | 16:46

Berlin Eurasian Club: Kazakhstan, Germany Seeks New Joint Projects

The countries consider cooperation in agro-industrial complex, mining and metallurgy, energy, transportation and logistics

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The 40th anniversary meeting of the Berlin Eurasian Club was held at the Astana International Financial Centre with the participation of Roman Sklyar, First Deputy Prime Minister of the Republic of Kazakhstan, and Cathrina Claas-Mühlhäuser, Chairman of the Board of the Eastern Committee of the German Economy, QazMonitor reports citing

Participants: Representatives of the public and private sectors took part in the event, including heads of leading German companies such as CLAAS, CT AGRO GmbH, Knauf International GmbH, and Atlas International GmbH.

The meeting saw participation from diverse entities, including Kazakhstan’s Baiterek Holding, and German government agencies such as the Eastern Committee of the German Economy, Kazakhstan-German Business Council, Representative Office of the German Economy in Central Asia, Department of Foreign Trade, Promotion and Financing of the Federal Ministry of Economy and Climate Protection of the Federal Republic of Germany, and others.

Status quo: In his welcoming speech, Roman Sklyar noted that Germany is Kazakhstan's most important trade, economic and investment partner in the European Union. In recent years, Kazakhstan has entered the list of 50 leading foreign trade partners of Germany, rising by 10 positions.

"An important signal of recognition of high political stability and security of investments in our republic was the inclusion of Kazakhstan by the Federal Government of Germany in the list of 34 states, for cooperation with which there is a favorable procedure for providing investment guarantees,"

Roman Sklyar said.

In turn, Cathrina Claas-Mühlhäuser noted that Kazakhstan is one of the most important partners of Germany in Central Asia. She emphasised that the German delegation arrived in Kazakhstan with the key goal of agreeing on the implementation of specific joint projects in agro-industrial and mining and metallurgical complexes, energy, transport and logistics.

"Germany is actively looking for partners abroad and Kazakhstan is a priority area for expanding co-operation. We want to produce products with a high level of added value and plan to contribute to the development of industrial projects in Kazakhstan,"

Cathrina Claas-Mühlhäuser said.

Sidenote: First Deputy Prime Minister Roman Sklyar also held a meeting with representatives of the German economic delegation, which included heads of 15 German companies. The parties exchanged views, identified key aspects of co-operation and discussed possible ways to deepen partnership in various sectors of the economy.

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