Invest to kazakhstan
More details on trade and
investment:
* The EU is Kazakhsan’s first
trade partner, representing
39 percent of total trade in
commodities in 2016, and for sure
its largest export market (almost
half of Kazakhstan’s goods are
exported to the EU).
The volume of goods exported
from EU countries in the same year
amounted to 6.8 billion euros, while
imports from Kazakhstan – 14.7
billion euros.
and the Republic of Kazakhstan. The EU
is the first trade partner of Kazakhstan
(one third of the country’s total trade in
2015) and its major investor.
The Enhanced Partnership and
Cooperation Agreement (EPCA)
governs the trade and economic
relations between the EU and
Kazakhstan.
The EU High Representative for Foreign
Affairs and Security Policy/Vice-President
of the European Commission, Federica
Mogherini, and the Minister of Foreign
Affairs of the Republic of Kazakhstan,
Erlan Idrissov, signed the agreement on
21 December 2015 in Astana.
With few exceptions, most of the
EPCA chapters covering trade
and business are in provisional
implementation since 1 May 2016.
The EPCA trade and business chapters
will promote the development of
business and investment relations.
This will be achieved by the enhanced
cooperation and improvement of the
legal and regulatory environment
for European and Kazakhstani
companies in such areas as:
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* trade in services
* establishing and managing
companies
* capital movements
* raw materials and energy
* state procurements
* intellectual property rights
Additionally, Kazakhstan has joined
the World Trade Organization
(WTO) on 30 November, 2015.
The EU has consistently assisted
Kazakhstan in this action, which
will assist the country’s integration
into the world economy by applying
international trade rules and
regulations.
High level discussions
Trade and economic relations are
regularly discussed at annual meetings
of the EU-Kazakhstan Cooperation
Council, where their decisive role in
partnership is emphasized.
Technical discussions on trade,
investment and customs issues are
also regularly held at meetings of the
Cooperation Committee and specially
established subcommittees in Brussels
and Astana.
• Mainly energy products (mineral raw
materials, fuel) are imported from
Kazakhstan into the European Union
countries (87.7 percent in 2015).
• The major share of EU exports
to Kazakhstan is machinery and
transport equipment, other industrial
goods and chemical products.
• In 2014, the cost of EU services
exported to Kazakhstan was 23 billion
euros, while imports from Kazakhstan
– 1.2 billion euros.
* The European Union is the
largest investor in Kazakhstan.
• In 2000-2014 the EU gross
investments amounted to about 106
billion US dollars.
• According to the National Bank of
the Republic of Kazakhstan, in 2014
the total inflow of foreign direct
investments (FDI) to Kazakhstan
amounted to 23.9 billion US dollars.
The EU share was 45 percent (10.7
billion US dollars).
• The volume of the EU FDI in 2014
amounted to 41.5 billion euros.