During the meeting between President Kassym-Jomart Tokayev and Cathrina Claas-Mühlhäuser, Chairwoman of the Board of the German Eastern Business Association and Chairwoman of Supervisory Board of CLAAS Group, the prospects for further deepening of economic cooperation between the parties were discussed.
President Tokayev asserted that Germany is a strategic partner of Kazakhstan in the European Union. He highlighted positive trends in the development of trade and economic relations, and emphasized the growing interest of German businesses in establishing a stronger presence in Kazakhstan.
The President stressed that last year German direct investment in Kazakhstan increased by 64 per cent, reaching a record high of $770 million.
At the meeting, special attention was paid to cooperation in the agricultural sector. In this context, Kassym-Jomart Tokayev recalled his proposal to establish a Regional Centre for Sustainable Agriculture in Kazakhstan. In his opinion, this centre could facilitate to fully utilize our agricultural potential, transferring innovative technologies and their commercialization.
The Kazakh President also praised the contribution of the CLASS assembling plant to the development of Kazakhstan's agrarian potential.
