Kazakhstan Lands $12 Billion in EU Deals to Expand Energy and Trade Ties

AI Summary

Kazakhstan secured $12 billion in deals with the EU to expand energy and trade ties, including a key agreement to purchase 50 Airbus passenger jets worth 7.1 billion euros. These deals aim to boost trade through the Middle Corridor and enhance Kazakhstan-EU cooperation.

Kazakh President Kassym-Jomart Tokayev’s visit to the EU’s headquarters in Brussels has yielded agreements and MoUs potentially valued at over 12 billion dollars. The key deal involves the purchase of 50 Airbus passenger jets for 7.1 billion euros. Tokayev’s visit, which concluded June 23, focused on developing Middle Corridor trade links within the context of the EU’s Global Gateway program. Prominent among Tokayev’s meetings in Brussels were discussions with European Commissioner for Trade and Economic Security Maroš…