Kazakhstan and the EU agreed to deepen cooperation in energy and transport and logistics.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

Astana, December 4 (Xinhua) — Kazakh President Kassym-Jomart Tokayev held talks on Thursday with European Council President António Costa, who is paying his first official visit to Kazakhstan, the Kazakh presidential administration press service reported.

As the press service noted, A. Costa's visit coincides with the 10th anniversary of the Enhanced Partnership and Cooperation Agreement between Kazakhstan and the European Union. K.-Z. Tokayev emphasized that the EU remains Kazakhstan's largest trade and investment partner: bilateral trade turnover reached approximately $50 billion last year, and total EU investment in the Kazakh economy has exceeded $200 billion since 2005.

K.-Zh. Tokayev noted the importance of further developing cooperation in the C5 EU format (the five EU Central Asian countries), which contributes to strengthening connectivity and sustainable growth in the region.

For his part, A. Costa expressed the European Union's commitment to deepening cooperation with Kazakhstan. He noted that over the past ten years, the EU has become the country's largest trading partner and a leading investor in its economy. Furthermore, Kazakhstan, a major supplier of oil and uranium, plays a significant role in ensuring Europe's energy security. The President of the European Council also noted that strengthening regional stability opens opportunities for the further development of the Trans-Caspian Transport Corridor.

The parties discussed prospects for cooperation in areas such as transport, logistics, energy, critical minerals, digitalization, and agriculture. –0–

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