BAKU, Azerbaijan, October 27. Kazakhstan and European Union will develop strategic partnership in the field of critical raw materials (CRMs), Trend reports citing the European Council.
This is stated in a joint press statement of the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev and the President of the European Council, Charles Michel, who is on an official visit to Kazakhstan.
Thus, the Presidents stressed the importance of tapping the existing potential in the areas of green economy, energy efficiency, digitalization, and connectivity between Kazakhstan and the European Union.
The meeting also touched upon cooperation in the field of critical raw materials (CRMs), especially rare earth metals. The parties confirmed their willingness to develop a strategic partnership in the field of CRMs and welcomed the upcoming signing of the Memorandum of Understanding between the Republic of Kazakhstan and the European Union on a strategic partnership on sustainable raw materials, batteries and renewable hydrogen value chains.
In this vein, they also stressed the importance of consistent improvement of the business climate and ensuring conducive environment for further attracting EU investments into Kazakhstan.
