Astana, March 13 – During the first official visit of European Commissioner Jozef Sikela to Kazakhstan, two major agreements were signed between Kazakhstan and the European Union.

The first agreement, worth €3 million, focuses on developing sustainable and responsible supply chains for critical raw materials in Kazakhstan and Central Asia.

The second agreement is a €200 million loan deal between the European Investment Bank (EIB) and the Development Bank of Kazakhstan (DBK), with the EU providing an €18 million guarantee. These funds will be allocated to support sustainable transport and renewable energy projects under the Trans-Caspian Transport Corridor and Team Europe initiative.

 Strategic cooperation between the EU and Kazakhstan is expanding
Sustainable supply chains for critical raw materials will be developed
 €200 million loan to support transport and energy projects

Critical Raw Materials for the EU, Mining Modernization for Kazakhstan

European Commissioner Jozef Sikela highlighted the strategic importance of the agreements:

For the EU: Access to critical raw materials for economic modernization. For Kazakhstan: Modernization of the mining sector and integration into global supply chains.