The volume of direct investments from the European Union into the economy of Kazakhstan increased by almost 23% and amounted to $ 12.5 billion

On May 22, 2023, the 6th meeting of the Kazakhstan-EU Cooperation Committee in Trade Configuration chaired by Vice Minister of Trade and Integration of the RK Kairat Torebayev and the European Commission Head of Unit for Southern neighbours, Middle East, Türkiye, Russia, Belarus and Central Asia Nele Eichhorn was held in Astana.

Issues of investment cooperation were discussed at the meeting. In particular, it was noted that in 2022 the volume of attracted direct investments in Kazakhstan from the EU countries reached record levels over the past 10 years. Last year the volume of direct investments from the European Union into the economy of Kazakhstan increased by almost 23% and amounted to $ 12.5 billion.

It was noted that today more than 3 thousand companies with the participation of European capital are successfully operating in various sectors of the economy of Kazakhstan, including such global giants as Shell, Eni, Total, Air Liquide, Alstom, Siemens, Linde Group.