30 Years of Diversified Cooperation & More News Here

Several intergovernmental agreements and common conferences, together with the 2 visits of President Kassym-Jomart Tokayev to Germany in December 2019 and in February 2020, foster the deepening of commerce and financial cooperation, and the promotion and mutual safety of investments.

The Kazakh-German enterprise discussion board on May 12 was one more step in the direction of strengthening the bilateral ties. The occasion introduced some 60 German delegates, the most important enterprise delegation because the outbreak of the coronavirus an infection, in addition to representatives of Kazakh enterprise and authorities. It targeted on prospects for cooperation in excessive expertise, inexperienced financial system, and logistics.

As half of the discussion board, the perimeters signed 11 bilateral paperwork value over $200 million in areas similar to mechanical engineering, industrial automation, petrochemistry, logistics, healthcare and IT.

Among the deliberate initiatives are a digital competencies laboratory with Siemens, a machine instrument meeting plant with EMAG, a processing plant gypsum stone with Knauf, and the development of three haemodialysis clinics in Turkestan, Kyzylorda and Atyrau areas.

«T listed here are many extra fields for cooperation and work between Kazakhstan and Germany. On one aspect we have now the C entral A sian nation with its plentiful and huge useful resource base on the crossroads of key logistical corridors and an formidable plan to reform and develop its financial system, scale back dependency on the vitality sector, diversify manufacturing and export, deepen the home worth chains and develop trade, IT and h igh- t ech sectors – these all with the set objective of carbon neutrality till 2060 ,» mentioned Hovsep Voskanyan, the top of the Delegation of German Economy for Central Asia.

(*30*) the enterprise discussion board, Kazakhstan’s First Deputy Prime Minister Roman Sklyar recommended the event of bilateral relations and specified the inexperienced vitality sector as a promising space for cooperation. He mentioned that diversified vitality sources, logistics, and important pure sources, supply important potential for the manufacturing and subsequent export of inexperienced vitality.

Among the most important initiatives on this space is a big inexperienced hydrogen improvement venture by Germany’s Svevind firm, whose chair visited Kazakhstan in September 2021 and met with President Kassym-Jomart Tokayev. The plan is a venture to function wind and solar energy crops of almost 30 GW with the following utilization to provide roughly 2 million tons of inexperienced hydrogen yearly within the Mangystau area.

Sklyar additionally mentioned that Kazakhstan is inquisitive about attracting German investments in digital applied sciences to modernize present enterprises and create new high-tech industries.

«Kazakhstan is opening a brand new path in its historical past,» mentioned Sklyar referring to the sweeping political and financial reforms undertaken by the nation’s management following the January unrest and that will profit the traders working in Kazakhstan.

New alternatives for cooperation

With the continuing scenario in Ukraine, challenges are rising for the area, however there are additionally many alternatives for Kazakhstan that the nation can capitalize on. Managing Director of the German Committee on Eastern European Economic Relations Michael Harms mentioned German firms are inquisitive about relocating their companies from Russia to Kazakhstan and people, who had companions in Russia, need to construct partnerships in Kazakhstan. Either means, the businesses search to come back right here with what he described as «long-term actual industrial investments.»

«Western sanctions in opposition to Russia and repeated lockdowns in China did catapult the world financial system into the best provide shock because the Nineteen Seventies. The world financial system which was going through spectacular development and began to get better after the pandemic now should reply once more to surprising challenges,» mentioned Manfred Grundke, a board member on the Eastern Committee of the German Economy.

These challenges open nice alternatives for Kazakhstan and Germany, based on Grundke. «Opportunities for a recent begin to construct sustainable financial resilience. That’s the trail we need to go on collectively,» he advised the discussion board contributors.

He recommended Kazakhstan’s efforts towards financial diversification and modernization.

«It understands alternatives arising from the challenges, potential alternatives arising from the wants for sustainable provide chains, and likewise the potential arising from the necessity for local weather safety,» he added.

Bilateral cooperation in agriculture to make sure world meals safety

Food safety turned an enormous concern after the scenario in Ukraine brought about a pointy spike in meals costs globally, and that is the place Kazakhstan, the world’s key wheat exporter, and agricultural producer, can play a key function.

Kazakhstan and Germany have maintained intensive cooperation in agriculture. Kazakhstan can profit from German experience and know-how, mentioned Per Brodersen, director of the German Agribusiness Alliance, whose members embrace such giants as Syngenta, BASF, Bayer, and CLAAS. He has additionally visited Nur-Sultan as half of the enterprise delegation.

«The world would possibly face substantial shortages in meals safety and for that cause, it could be advisable for Kazakhstan to strengthen its productiveness, particularly in grain manufacturing,» he mentioned in an interview for this story.

He recommended the nation’s spectacular transfer to lower the recycling payment on vehicles, together with agro equipment. «There is substantial progress on abolishing this payment. But it is extremely essential to abolish additional. It permits Kazakh producers in agriculture to spend money on trendy agrotechnology,» he mentioned.

«Germany is inquisitive about securing world meals safety and enabling Kazakhstan as a spot for sustainable agriculture,» he mentioned. «On one hand, Kazakhstan as a possible consumer of trendy agrotechnology inquisitive about elevating its productiveness and due to this fact German firms can supply trendy agrotechnology, like agro equipment, high-quality seeds, animal genetics for the manufacturing of milk and beef.»

He famous the massive potential in enhancing the portions and high quality of agricultural manufacturing in Kazakhstan and mentioned the alliance is in fixed dialogue with the federal government on how the nation can obtain extra sustainability and productiveness. In doing so, he harassed the significance of investing in information and coaching.

Written by Assel Satubaldina