• $ 1.7
  • € 1.9326
  • ₽ 2.04
  • ₺ 0.0447
  • £ 2.2282

Kazakhstan seen as key EU partner amid global uncertainty

Kazakhstan seen as key EU partner amid global uncertainty
14.04.2025 14:00

Kazakhstan has emerged as a key strategic partner for the European Union, offering critical energy resources, rare earth minerals, and geopolitical stability in a region bordered by Russia, China, Iran, and Afghanistan.

Following the EU–Central Asia summit, Brussels has deepened ties with Astana, recognizing Kazakhstan’s vast natural wealth, including rare earth reserves and critical minerals. The country also holds major oil, gas, and uranium deposits.

Under President Kassym-Jomart Tokayev, Kazakhstan has advanced political and economic reforms, including a shift to a presidential-parliamentary system and increased public participation through local elections. The country has also reinstated its Constitutional Court and introduced pro-business reforms to support entrepreneurship.

With a multivector foreign policy, Kazakhstan balances relations with global powers, hosting talks on international conflicts, including Syria and Armenia–Azerbaijan peace efforts. It also plays a key role in non-proliferation, having renounced nuclear weapons after independence.

Kazakhstan’s GDP reached $288.1 billion in 2024, with growth projected at 4.6% in 2025. Strategic deals with the EU and U.S. on hydrogen and critical minerals are expected to attract further investment.

The EU views Kazakhstan as a reliable source of energy and raw materials. For Kazakhstan, the EU represents a major market and model of governance, with shared values in democracy and transparency.

Similar news
Similar news
Azerbaijan raises 2025 GDP growth forecast to 3.7%
Business 17:30
Azerbaijan raises 2025 GDP growth forecast to 3.7%
Azerbaijan’s annual inflation stands at 4.9% in 2024
Business 17:03
Azerbaijan’s annual inflation stands at 4.9% in 2024
Dollarization declines in Azerbaijan – Central Bank
Business 16:30
Dollarization declines in Azerbaijan – Central Bank
Azerbaijan’s Central Bank sets new capital adequacy requirement for banks
Business 13:00
Azerbaijan’s Central Bank sets new capital adequacy requirement for banks
Birbank Biznes continues to support regional entrepreneurs
Business 12:51
Birbank Biznes continues to support regional entrepreneurs

Azercell becomes the exclusive sponsor of “Baku Marathon 2025”
Business 12:45
Azercell becomes the exclusive sponsor of “Baku Marathon 2025”
Nearly 14,000 manats stolen from bank cards in Azerbaijan in one day
Business 12:00
Nearly 14,000 manats stolen from bank cards in Azerbaijan in one day
Exchange rates of the Central Bank of Azerbaijan
Business 11:30
Exchange rates of the Central Bank of Azerbaijan
Azeri Light crude price rises to $67.57 per barrel
Business 10:30
Azeri Light crude price rises to $67.57 per barrel
Anews TV

Our official Youtube channel

Subscribe