At the invitation of the Head of State Kassym-Jomart Tokayev, the Federal Chancellor of Germany arrived on an official visit to Kazakhstan. At the airport of Astana city Olaf Scholz was met by the Prime Minister of Kazakhstan Olzhas Bektenov.

Federal Chancellor of Germany Olaf Scholz will take part in the second Summit "Central Asia + Germany", which will discuss strategic cooperation and partnership in a wide range of areas, including trade and economic cooperation and implementation of joint investment projects.

Germany is an important trade and investment partner of Kazakhstan. The volume of mutual trade for 7 months of the current year increased by 13% compared to the same period of 2023 and totalled $2.3 billion. Following the results of last year, the volume of direct investments from Germany to Kazakhstan increased by 64% and totalled $770 million. Most of the funds are directed to the development of the non-resource sector of the economy, which is a priority.

#Olzhas Bektenov #The Prime Minister of the Republic of Kazakhstan