EU: Kazakhstan is reliable energy partner
Azerbaijan, Baku, Oct. 2 / Trend E. Kosolapova/
Kazakhstan is reliable energy partner of the EU for a decade, head of the EU delegation to the Kazakhstan Aurelia Bouchez said at the 21st "KIOGE-2013" Kazakhstan International Oil and Gas Exhibition in Almaty, Kazinform reported.
According to Bouchez, the EU is Kazakhstan's largest trading partner and 40 percent of its foreign trade falls to the EU. Oil and gas make up three-quarters of Kazakhstan's exports to the EU.
After the diplomatic relations were established between the EU and Kazakhstan 20 years ago, the bilateral cooperation in trade, economy, energy, transport, the environment and other areas has sharply increased, she said
"The cooperation between Kazakhstan and the European Union is based on a shared commitment to modernization and innovation, including the transfer of high technologies and know-how in the oil and gas sector from the European companies," Bouchez said.
According to Bouchez, there are many opportunities for business, and the both sides are very interested in their development.