Working to deepen economic relations with Kazakhstan

Mr Böhme emphasised that German companies are increasingly interested in Kazakhstan as a new target country for cooperation. Underlining the importance of the programme with Kazakhstan for the Federal Ministry for Economic Affairs and Energy, he said: “Economic cooperation creates incentives for growth and lays the foundation for resilient, long-term partnerships in a global environment that is becoming more and more volatile. Especially in times when supply chains are interrupted and protectionist tendencies are increasing, the programme serves as a targeted measure to foster dialogue, cooperation and market access.”

The German side is particularly interested in the diversification of Kazakhstan’s economic portfolio and the target to become carbon-neutral by 2060. The resulting need for a technology switch was a central topic of the networking event. The Kazakh partner of Partnering in Business with Germany, the national business association Atameken, had invited senior experts in the fields of green technologies, export development and finances/investments to a panel discussion. The Kazakh business executives discussed challenges and opportunities of the transformation and the possibility of local promotion.