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Direct investments from Germany to Kazakhstan hit $8.6bn

15 May 2019 19:49 660
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Direct investments from Germany to Kazakhstan hit $8.6bn

NUR-SULTAN. KAZINFORM Commodity turnover between Kazakhstan and Germany surpassed €5.2bn in 2018, according to Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Germany Bolat Nussupov who said it at the 26th session of the Berlin Eurasian Club in Nur-Sultan, Kazinform correspondent reports.

"Kazakhstan stands the 51st among Germany's trade partners. Around 90% of German investments in Kazakhstan fall on the so-called non-energy sector, i.e. processing industry," said Bolat Nussupov.

In his words, commodity turnover between the two countries hit €5.2bn last year.

"To my mind, it is a good result. In the past 12 years, the inflow of direct investments from Germany to Kazakhstan made $8.6bn. We intend to further use our cooperation potential in the field of investments and we have all required mechanisms for that," the Ambassador stressed.

Direct investments from Germany to Kazakhstan hit .6bn 


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