The President of the Republic of Kazakhstan Kassym-Jomart Tokayev took part in the meeting of the heads of state "Central Asia-Germany"

President of the Republic of Kazakhstan Kassym-Jomart Tokayev took part in the meeting of the heads of state "Central Asia-Germany". The Head of State noted that the initiative of the dialogue "C5 + Germany" is able to give a powerful impetus to mutual cooperation between the countries.

Kassym-Jomart Tokayev presented priority areas of cooperation to which joint efforts of the leaders of the region could be directed. First of all, he focused on the issues of trade and economic cooperation, the development of new transit and transport corridors, cooperation in the energy sector.

During the visit to Germany, the President of the Republic of Kazakhstan also held meetings with the leadership of leading German companies in the field of mechanical engineering, pharmaceuticals, mining and gas industry and logistics (Mercedes-Benz Group, Linde GmbH, HMS Bergbau AG, Hamburger Hafen und Logistik, STADA Group, Euler Hermes). During the meetings, the prospects of cooperation and the possibility of implementing joint projects were discussed.

Kassym-Jomart Tokayev stressed the importance of such investment projects for the country's economy and maintaining its competitiveness on the world stage.

During the conversation with the head of HHLA (Hamburger Hafen und Logistik), prospects for strengthening cooperation between Kazakhstan and Germany in the transport and logistics sector were discussed. HHLA is a leading European logistics company with a well–developed network of sea port terminals in Central and Eastern Europe.

At a meeting with the Vice-President of STADA Group Christos Gallis, the President focused on the fact that Kazakhstan is actively working on the creation of a biotechnological cluster. According to the Head of State, STADA has ample opportunities to combine efforts with the national holding QazBioPharm in the field of research and production. Kassym-Jomart Tokayev invited the German company to conduct joint research and development, organization of production, exchange of experience and professional development of specialists.

With Edna Shinet, a member of the Board of the Euler Hermes agency, the Head of State discussed prospects for further strengthening economic cooperation, including the development of joint projects, the exchange of experience and the organization of training programs in the field of financial insurance.

Also, President Kassym-Jomart Tokayev took part in a round table of business circles of the two countries, which was held under the auspices of the Eastern Committee of the German Economy.

The Head of State noted in his speech that, despite the geopolitical turmoil last year, the volume of bilateral trade increased by 25% and reached $ 2.8 billion. According to him, German business has invested almost $ 6 billion in Kazakhstan. At the same time, about 90% of these investments are in the non-resource sector. In total, more than a thousand companies with German capital operate in our country.