02.09.2024, 17:45 8416

Ambassadors of the European Union and Estonia Presented Copies of their Credentials

Ambassadors of the European Union and Estonia Presented Copies of their Credentials
Images | Kazakh MFA
Deputy Foreign Minister of the Republic of Kazakhstan Alibek Kuantyrov received copies of credentials from the newly appointed to Kazakhstan Head of the European Union Delegation Aleška Simkić and Ambassador of the Republic of Estonia Jaap Ora, press service of the Kazakh MFA reports.

During the conversation, Kuantyrov noted the high level of relations with the European Union within the framework of the Enhanced Partnership and Cooperation Agreement between Kazakhstan and the EU. He also pointed to the regular and increased dynamics of political dialogue at the highest and high levels, a noticeable increase in economic cooperation and the volume of European investments in Kazakhstan.

Both parties paid special attention to practical steps in implementing cooperation in the areas of transport and logistics, mobility, energy, and the extraction and use of critical raw materials.

For her part, the European diplomat highly appreciated Kazakhstan’s leading role in the region and expressed her readiness to actively develop cooperation in line with the Kazakh-EU strategic partnership.

While welcoming the new Ambassador of Estonia in Astana, the Deputy Foreign Minister noted with satisfaction the progressive development of Kazakh-Estonian relations in the political, economic and cultural-humanitarian spheres. The parties also discussed issues of interaction within the framework of international institutions such as the UN, OSCE, etc.

At the end of the meetings, Deputy Minister Kuantyrov wished both Ambassadors successful work in Kazakhstan.

The European Union is the main trade and investment partner of Kazakhstan. The EU accounts for more than 30% of Kazakhstan’s foreign trade and foreign investment.

The trade turnover between Kazakhstan and the EU in 2023 amounted to 41.4 billion US dollars, exports - 31 billion, imports - 10.4 billion. This figure for January-July 2024 amounted to 27.9 billion US dollars, which is 19.2% higher than for the same period of the previous year (23.4 billion). Exports increased by 23.8% and amounted to 21.6 billion US dollars. Imports increased by 5.8% and amounted to 6.3 billion US dollars. The volume of European investments in the economy of Kazakhstan since 2005 amounted to 180 billion US dollars.

The trade turnover between Kazakhstan and Estonia in 2023 exceeded 157.5 million US dollars, which is 29% more than in 2022 (121.9 million). In January-July 2024, the mutual trade amounted to 42.3 million US dollars (exports - 24.4 million, imports - 18.7 million), which is 56.4% less than the same period in 2023 (97 million).
 

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