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Kazakhstan, Germany joining forces to develop mineral raw material supply cooperation

Economy Materials 12 November 2024 14:12 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, November 12. Kazakhstan and Germany develop cooperation in the sphere of mineral raw material supply, Trend reports.

The Minister of Industry and Construction of Kazakhstan, Kanat Sharlapayev, participated in the 8th Raw Materials Congress held in Berlin, where he viewed exhibitions, listened to presentations from speakers, and also took part in the panel session titled "Raw Materials' Security – Milestones, Challenges and Next Steps."

During his speech at the panel session titled "New Partners for More Resilient Supply Chains," the Minister highlighted that for an extended period, Kazakhstan has positioned itself as a trusted energy collaborator for Europe and Germany. On the imminent horizon, the nation is poised to evolve into a reliable provider of essential metals, driving forward our collective objectives of decarbonizing the global economy.

“We believe that Kazakhstan has all the necessary prerequisites for creating resilient supply chains, including a diversified mineral raw material base, critical infrastructure, human capital, high competency, and a developed midstream industry,” said Sharlapayev.

As part of his working visit, Kanat Sharlapayev held a number of meetings aimed at establishing long-term cooperation. The Minister met with Christian Vorwick, Director of External Economic Policy at the Federal Ministry for Economic Affairs and Climate Action of Germany and Co-chair of the Intergovernmental Working Group on Trade and Economic Cooperation.

During the discussions, the parties emphasized that bilateral cooperation holds potential for further development of trade and economic partnership, supported by impressive achievements in various industries.

The Minister also met with Toralf Haag, CEO of Aurubis AG. Following that, Kanat Sharlapayev listened to a report by Peter Buchholz, Director of the German Raw Materials Agency (DERA).

In addition, the Minister met with Michael Hartz, CEO of Freiberger Compound Materials GmbH, one of the leading global producers of compound semiconductor substrates for microelectronics and optoelectronics.

At the end of the visit, the Minister held a meeting with Wolfgang Niedermark, member of the Board of the Federation of German Industries (BDI). The parties discussed opportunities and prospects for joint cooperation in the industrial sector.

The Federation of German Industries (BDI) unites 40 industry associations and more than 100,000 companies, employing approximately 8 million people. BDI represents and promotes the interests of all industries, lobbies for industrially active companies worldwide, and participates in all economically significant legislative processes.

Kazakhstan and Germany have a long history of fruitful cooperation. The trade turnover between the two countries last year reached $3.8 billion, which is 36.6 percent higher than in the same period in 2022. Specifically, Kazakhstan's exports to Germany increased by 39.6 percent, and imports grew by 35.9 percent.

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