* . * . . .
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
Thursday, July 10, 2025
Love Europe
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
Love Europe
No Result
View All Result
Home Business

Kazakhstan, EU Deepen Economic Ties, Expand Business Cooperation  

October 15, 2024
in Business
Share on FacebookShare on Twitter
ADVERTISEMENT

Murat Nurtleu and Luc Frieden. Photo credit: Foreign Ministry’s press service.

During the Cooperation Council, participants discussed the current state of relations between Kazakhstan and the EU and prospects within the Enhanced Partnership and Cooperation Agreement between the two sides. The sides also exchanged views on political, economic, and trade cooperation.

During the visit, Nurtleu held meetings with Luxembourg’s Prime Minister Luc Frieden, Deputy Prime Minister and Minister for Foreign Affairs and Foreign Trade Xavier Bettel, reported the Kazakh Foreign Ministry’s press service.

The parties discussed key areas of cooperation between Kazakhstan and Luxembourg, as well as promising areas such as financial technology and sustainable development through green energy, pharmaceuticals, and transportation infrastructure projects. Both sides reaffirmed the need to deepen economic ties and expand opportunities for the business communities of both countries.

“Luxembourg views Kazakhstan as a reliable partner in Central Asia and sees great potential for further deepening trade and economic cooperation between our countries,” said Frieden.

He expressed readiness to support the Kazakh side in its efforts to modernize key sectors of the economy and implement advanced technologies.

Murat Nurtleu and Xavier Bettel. Photo credit: Foreign Ministry’s press service.

Nurtleu emphasized that Luxembourg is an important partner for Kazakhstan within the EU. Since 2005, the gross inflow of direct investments from Luxembourg into Kazakhstan has reached $2.9 billion.

The parties also focused on the interaction between Kazakhstan and the EU, emphasizing the expansion of trade and economic ties, as well as cooperation on security and stability in Central Asia. Both sides also exchanged views on current international agenda topics.

During the meeting with Nurtleu, Bettel said that Luxembourg greatly values Astana’s efforts in strengthening regional security, underlining that both countries share common views on global challenges. Luxembourg is ready to enhance cooperation with Kazakhstan in international security and sustainable development, seeing great potential for joint efforts within the framework of the UN and other international organizations to promote peace and stability.

Both parties reaffirmed their intention to strengthen bilateral relations at all levels and actively cooperate within international organizations to address key regional and global challenges.

Meetings with business leaders

Nurtleu met with Hendrik Sarens, executive director of Sarens, a Belgian multinational company engaged in heavy lifting and engineered transport, to discuss the prospects for expanding Sarens’ activities in Kazakhstan, including implementing several new infrastructure projects.

According to Kazinform, representatives of Cargolux, the largest air cargo carrier in Europe and among the world’s ten largest air carriers, expressed interest in expanding flights to Kazakhstan and using the infrastructure of domestic airports.

During the talks with the management of SES Broadband, the sides discussed projects to provide the internet to remote villages in Kazakhstan. Representatives of SES noted that they intend to provide 328 settlements in Kazakhstan with stable internet via European satellites.

Nurtleu also met with the President of the European Investment Bank Nadia Calviño to discuss the possibility of implementing investment and technological projects in Kazakhstan.

Source link : https://astanatimes.com/2024/10/kazakhstan-eu-deepen-economic-ties-expand-business-cooperation/

Author :

Publish date : 2024-10-15 11:47:00

Copyright for syndicated content belongs to the linked Source.

Tags: businessEurope
ADVERTISEMENT
Previous Post

Native American – Tribes, Culture, History

Next Post

Talks on UK rejoining EU could start in 10 years’ time, says Peter Mandelson | Brexit

Related Posts

Trump Unveils Plan for Reciprocal Tariffs for China, Europe, Japan – Eurasia Enterprise Information
Business

Trump Unveils Plan for Reciprocal Tariffs for China, Europe, Japan – Eurasia Enterprise Information

Christine Lagarde: Europe can not afford to be ‘disjointed’ in face of worldwide commerce challenges – Irish Examiner
Business

Christine Lagarde: Europe can not afford to be ‘disjointed’ in face of worldwide commerce challenges – Irish Examiner

Thought Leaders: Doing enterprise in Europe? What to learn about U.S. Knowledge Privateness and safety modifications which can threaten Transatlantic Commerce – BizWest
Business

Thought Leaders: Doing enterprise in Europe? What to learn about U.S. Knowledge Privateness and safety modifications which can threaten Transatlantic Commerce – BizWest

ADVERTISEMENT

Highlights

Basketball Legend Magic Johnson’s Heartwarming Family Moments During Sunny Monaco Vacation

Four Months After Montenegro’s Second Mass Shooting, Public Demands Answers

Norway Takes Bold Action Against Deforestation with New EU-Inspired Measures

Poland to Report Musk’s xAI to EU Over Offensive Comments by Grok

Euro 2025 Daily: Portugal Celebrate Jota as They Thrash Spain; Italy Secures Victory

Categories

Archives

October 2024
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Sep   Nov »
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2024 Love-Europe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version