Economic and trade relations have regularly been on the agenda of the annual Cooperation Council of the EU and Kazakhstan, underlining their key importance in the partnership. EIDHR is a financial and policy instrument designed to contribute to the development and consolidation of democracy and the rule of law, as well as respect of all human rights and fundamental freedoms worldwide. Human Rights Dialogues are an instrument of the EU’s external policy and are designed to discuss questions of mutual interest and enhance cooperation on human rights, as well as launch initiatives to improve the relevant human rights situation. [29] The EU budgets €1 million per year for a variety of projects in Kazakhstan that support Kazakhstan's ongoing legal reforms and strengthening the role of civil society. With a budget of €1 million per year, the EU finances a variety of projects in Kazakhstan that focus on encouraging a pluralistic political system while strengthening the role of civil society. The EPCA is an important milestone to further advance relations and strengthen the EU and its Member States’ cooperation with Kazakhstan. Compared to the development, democratisation and governance processes in other former Soviet Union countries, the performance of Kazakhstan stands out. Currently, around 70% of Kazakhstan oil exports go to the European Union, corresponding to almost 6% of the EU total oil imports. [11], Kazakhstan is also part of EU and Central Asia Strategy for a New Partnership. It is the single largest supplier to EU nuclear energy industry (1/4 of imports). [24], A conference was held in Astana titled “25 Years of European Union – Central Asia Relations: From the Past to the Future" where EU Special Representative for Central Asia Ambassador Peter Burian affirmed the European Union's financial and political commitment to Kazakhstan and the Central Asia region. Kazakhstan: Kazakhstan's physical, cultural, and geographic characteristics are Central Asian, but ... Greenland was part of Danish territory and within the territory of the European Union, but voted for more autonomy and is now excluded from the EU. More information on trade and investment: In the same year, EU exports of goods to Kazakhstan were worth EUR 6.8 billion, while imports from Kazakhstan amounted to EUR 14.7 billion. The EU is allocating €360 million for regional cooperation projects in Central Asia for the 2014-2020 funding period (including €115 million for the Erasmus+ programme). [32] The EUCJ sought to promote the rule of law and reform Kazakhstan’s judiciary system. The main document, underpinning the EU partnership with Kazakhstan, is the Partnership and Cooperation Agreement (PCA), which was signed in 1995 and came into force in 1999. [9] The total budget of the project allocated by the EU was 5.5 million euros. The provisional application of the EPCA started on 1st May 2016. [7] The European Parliament ratified the agreement on December 12, 2017. At the same time, we must ensure that our economy improves the well-being of the people and distributes fair shares of the benefits from growth of the national income, allowing for effective social “lifts”. As EU, we face rougher seas and risk getting caught in the cross-currents of major powers telling us to “pick a side”. In 2007 EU imports of goods from Kazakhstan amounted to €13.35 billion and services amounted to €1.52 billion. (EIDHR). Half of Kazakhstan's $7.3 billion of foreign direct investment in 2006 came from the EU. Command structure on the civilian/military strategic and operational levels (, Minesweeping operation in the Strait of Hormuz, (Operation Cleansweep, 1987 – 1988), Police contingent in Mostar, Bosnia and Herzegovina, Multinational Advisory Police Element in Albania, General security surveillance mission in Kosovo, This page was last edited on 3 July 2020, at 18:02. The path towards a sustainable and resilient economy will be based on clear principles. The EU is Kazakhstan's main economic partner. Kazakhstan has a westward extension, which makes a strong case geographically for its European status, and potential for eventual EU membership. This new agreement, which constitutes the first of its kind signed by the EU with one of its Central Asian partners, elevates relations between the EU and Kazakhstan to a new level. Kazakhstan has the largest and strongest performing economy in Central Asia, in part because the country likes to cooperate with both Europe and Asia. In full awareness that the world has plunged into the deepest economic recession in a century, Kazakhstan – along with its partners at the regional, European, and global  level – will continue to contribute to the restoration of the global economy. The EU supports Ukraine in ensuring a stable, prosperous and democratic future for its citizens and is unwavering in its support for Ukraine’s ndependence, territorial integrity and sovereignty. [23] The meeting was chaired by Kazakhstan's Foreign Minister Erlan A. Idrissov, and the EU delegation was led by Latvia's Foreign Minister Edgars Rinkēvičs. Over the past two decades, the European Union and Republic of Kazakhstan have developed a strong and mutually beneficial relation in the field of energy. The project is funded by the European Union and is implemented by the United Nations Development Programme (UNDP) as the lead organization, in partnership with UNECE. Major EU-based energy companies have significant investments in the Kazakh oil and gas industry. [29], Kazakhstan has a westward extension, which makes a strong case geographically for its European status, and potential for eventual EU membership. On the other hand, Kazakh national oil and gas company KMG controls important EU-based assets for refining, trading and retail in South-Eastern Europe and countries of the Eastern Partnership.. Kazakhstan has very large reserves of uranium and ranks first in the world in terms of production and export of raw uranium.

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