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Kazakhstan accounts for major part of exports from Central Asia to Germany

Economy Materials 16 May 2019 13:30 (UTC +04:00)

Baku, Azerbaijan, May 16

By Nargiz Sadikhova - Trend:

Kazakhstan is the leader by trade turnover with Germany among other Central Asia countries, Trend reports via KazInform.

The trade turnover between Kazakhstan and Germany amounted to 5.2 billion euro in 2018.

Bolat Nussupov, the Extraordinary and Plenipotentiary Ambassador of Kazakhstan to Germany commented on the mutual relationship of the countries within the framework of 26th meeting of Berlin Eurasian Club, which took place in Nur-Sultan (former Astana) on May 15, 2019.

“Over 85 percent of the foreign trade of Germany with five countries of Central Asia accounts for Kazakhstan,” he said.

Furthermore, the ambassador stated that Kazakhstan is creating good conditions for investors.

“Kazakhstan is steadily implementing reforms to improve the investment climate. To be exact, the open dialogue and interaction with investors is being provided, the infrastructure to attract investments is being improved, comprehensive measures against corruption are taking place,” concluded Nussupov.

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