In this insightful address, Dr. Marat Terterov, Founder of the Brussels Energy Club (BREC), speaks at the European Parliament during the conference titled "Strategic Partnership with the EU and Kazakhstan: Opening New Niches and Dimensions," held on October 2.
Dr. Terterov highlights the growing importance of EU-Kazakhstan trade relations, emphasising the €40 billion turnover in recent years. He reflects on Kazakhstan’s strategic geopolitical position and how it navigates partnerships with major economies like China and Russia while maintaining strong ties with the EU.
Dr. Terterov also discusses the critical role that the EU has played in supporting Kazakhstan’s economic and political reforms over the past few decades, including investment protection frameworks that have attracted significant foreign capital to the country’s energy sector. He underscores the country’s commitment to transitioning towards green energy, setting ambitious goals for renewable energy by 2030. Dr. Terterov outlines the massive opportunities for cooperation between the EU and Kazakhstan, especially in the areas of technology transfer, investment in renewables, and climate finance.
Towards the end of his speech, Dr. Terterov addresses key topics such as Kazakhstan’s nuclear energy referendum, green hydrogen potential, and the future of renewable energy in Central Asia. He encourages continued EU support as an enabler of Kazakhstan's energy transition and sustainable development.
Media coverage:
QUESTCOMMS.EU: Kazakhstan Strengthens Its Role as a Key Partner for the European Union in Central Asia
Comments