Toqayev Meets with EBRD President to Discuss Ongoing Cooperation
Photo: Aqorda
President Qasym-Jomart Toqayev met with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), to discuss current and future areas of cooperation, Orda.kz reports.
During the meeting, the two sides reviewed the global economic situation and highlighted progress achieved through their longstanding partnership, particularly in the development of small and medium-sized enterprises, the energy sector, and agriculture.
Toqayev expressed support for the EBRD’s continued investment plans in Kazakhstan, including projects tied to the green transition.
Odile Renaud-Basso commended Kazakhstan’s investment climate and reaffirmed the bank’s commitment to supporting the country’s development. She noted that the EBRD had recently approved funding for the reconstruction of the 234-kilometer Aqtobe–Ulgaysyn highway, a key route for domestic and international transport.
According to Renaud-Basso, cooperation with Kazakhstan is advancing steadily.
Last year, the EBRD invested nearly €1 billion in the country, and that amount has tripled in 2024. The bank plans to maintain its involvement in sectors such as transport and energy.
Original Author: Artyom Volkov
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
