America News Agency

According to a statement by the Ministry of Foreign Affairs of Kazakhstan, economic relations between the two countries and opportunities for joint investment were discussed at the 17th meeting of the Kazakhstan-Germany Business Council for Strategic Cooperation (KGBC), held in Berlin.

Representatives of Kazakhstan’s sectoral ministries, national companies and the business community attended the meeting. On the German side, executives and representatives of Siemens Energy, CLAAS KGaA, WILO, KNAUF, HMS Bergbau, Koch Solutions, Aurubis AG, Deutsche Bahn, KfW Bankengruppe and Deutsche Bank took part.

Deputy Minister of Foreign Affairs of the Republic of Kazakhstan Alibek Kuantyrov emphasized the importance of the KGBC in deepening economic cooperation, expanding business ties and developing new investment initiatives.

KGBC Co-Chair and Executive Director of the German Eastern Business Association Michael Harms said there was potential to further develop economic relations between Kazakhstan and Germany and that Kazakhstan was playing an increasingly important role in the Central Asia strategy of German businesses.