The trade turnover between Kazakhstan and the EU countries amounted to 20.2 billion US dollars

On August 21, 2023, Vice Minister of Trade and Integration of the Republic of Kazakhstan Torebaev K.K. met with deputies of the Committee on Foreign Affairs of the European Parliament (AFET), headed by the Chairman of the Committee D. McAllister.

The parties discussed the current state and opportunities of trade and economic relations, the export potential of Kazakhstani producers, promising sectors of trade, as well as the possibility of expanding regional cooperation between the countries of Central Asia and the EU.

At the end of the meeting, the parties expressed readiness to discuss topical issues of cooperation both in bilateral and multilateral formats.

The EU is Kazakhstan's largest trading partner and accounts for 30% of the country's total trade. The trade turnover between Kazakhstan and the EU countries in January-June 2023 amounted to 20.2 billion US dollars, which is 0.3% higher than in the same period of the previous year.