Kazakhstan and Germany sign over 30 deals worth around $2 billion.
Axar.az reports, citing DKNews.kz, that Kazakhstan and Germany signed documents during President Kassym-Jomart Tokayev’s visit, shifting attention from negotiations to the implementation of concrete projects.
Tokayev announced the figure during a joint media briefing with German Federal Chancellor Friedrich Merz on September 29. Germany’s Federal Government had identified energy, raw materials, regional cooperation and international security as key topics ahead of the meeting.
Tokayev described the Berlin talks as substantive and productive and pointed to the commercial agreements as one of their most tangible results.
"More than 30 commercial documents worth a total of around 2 billion US dollars were signed as part of the talks. Clearly, the effective implementation of these contracts will make cooperation between our two countries even stronger. Tomorrow, I plan to visit Bavaria and meet with a number of senior officials. During the visit, I will take part in a unique event – the Kazakhstan-Bavaria Technology Forum. I expect this meeting to also contribute to strengthening the partnership between our countries", Tokayev said.
The emphasis now moves to implementation. The value of the agreements will depend on which projects progress from signed documents to investment, production and trade.