President Kassym-Jomart Tokayev held talks with the Federal Chancellor of Germany Friedrich Merz. The two sides reaffirmed their strong commitment to strengthening multifaceted cooperation between Kazakhstan and Germany and stressed that the two governments will work to create favorable conditions for expanding bilateral engagement. The two leaders agreed to intensify cooperation within international organizations and frameworks, including the Central Asia-Germany format. The Head of State noted that German investment in Kazakhstan has reached $8 billion over the past 21 years and assured that ensuring the security of investments remains under special oversight. The joint investment portfolio currently comprises 40 industrial projects worth a total of $54 billion.
Overall, more than 30 commercial documents worth around $2 billion were signed during the talks. President Tokayev announced this while summarizing the results of the talks at a briefing for media representatives. Kassym-Jomart Tokayev and Friedrich Merz noted that the talks had been productive and were intended to pave the way for further strengthening ties between the two countries.
«Germany is a highly respected country on the international stage. That is why I came here with great expectations and high hopes of reaching new agreements with this country. And we have reached these agreements, as I have already said. Now, the task is to ensure their proper implementation and fulfilment. Therefore, I have a very positive outlook on the future. I am fully confident that we will achieve even greater success,» Kassym-Jomart Tokayev noted.
«A whole range of memoranda of understanding have been signed, and a number of other documents are expected to be signed. We are looking for opportunities for our medium-sized businesses to cooperate with Kazakhstan, a country with which we have productive bilateral relations. Our areas of interest include negotiations on the supply of Kazakh oil. We are diversifying our sources of raw materials, and it should be noted that Kazakhstan is a very important element in this regional space. In addition, we discussed the Central Asia+1 format. Such a meeting is planned for early 2027,» Friedrich Merz said.
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