Off the wire
• Two representatives of older and younger generations of Greek conservatives to compete for party leaders  • Yearender: China-EU relationship opens new chapter in 2015  • Lithuania's central bank sees significant impact after euro adoption  • Chinese bank signs loan deal with Ukraine to upgrade telecommunications network  • Feature: Chillai Kalan - the harshest winter spell begins in Indian-controlled Kashmir  • Malta's int'l airport to expand terminal building and parking complex  • India welcomes Nepal's decision to amend new Constitution  • Swedish train operator cancels Denmark trains due to ID checks  • Algeria says 8 of its nationals still detained without trial in Guantanamo  • Teliasonera divests its stake in Nepal  
You are here: 　 Home

Kazakhstan, EU sign agreement on enhanced partnership

Xinhua, December 22, 2015 Adjust font size:

Representatives of Kazakhstan and the European Union(EU) on Monday signed a new agreement on expanded partnership and cooperation in Astana.

The deal was signed by the Minister of Foreign Affairs of Kazakhstan Erlan Idrissov and EU High Representative for Foreign Affairs and Security Policy Federica Mogherini.

Under the agreement, the two sides will boost cooperation in 29 areas, including international and regional security, disarmament, trade, investment, infrastructure development, innovation, culture, sports, and tourism.

Idrissov said Europe is the largest trading partner of Kazakhstan and also the largest source of direct investment and the new agreement will create conditions for more bilateral investment cooperation.

The three-year negotiations between Kazakhstan and the EU were finalized during the visit of Kazakh President Nursultan Nazarbayev to Brussels in October 2014.

The EU is a major trade and investment partner of Kazakhstan. Meanwhile, Kazakhstan is the third largest supplier of energy to Europe out of non-OPEC members. Around 70 percent of Kazakhstan's oil products go to the EU. Enditem