BAKU, Azerbaijan, October 7. Kazakhstan and the
European Investment Bank (EIB) discussed energy projects,
investment and infrastructure development during a meeting in
Astana, Kazakhstan’s Ministry of Energy said.
Kazakhstan Energy Vice Minister Yerzhan Yertayev and EIB Vice
President Marek Mora discussed cooperation in energy security,
infrastructure development and modernization, the energy transition
and the wider use of renewable energy sources.
Particular attention was paid to prospects for implementing
joint energy projects, attracting investment and receiving
technical and expert support from the EIB, the ministry said.
The sides also exchanged views on regional energy cooperation
and the implementation of major infrastructure projects aimed at
supporting the sustainable development of Kazakhstan’s energy
sector.
They highlighted the importance of further cooperation with
international financial institutions and European partners to
attract financing, exchange expertise and introduce modern
approaches in the energy sector.
Following the meeting, the sides confirmed their interest in
continuing dialogue and developing cooperation in the energy
sector.
The energy talks are part of a broader visit. On October 6, the
European Union Delegation to Kazakhstan said that EIB Vice
President Marek Mora is visiting Kazakhstan on October 7–8, with a
focus on strengthening cooperation between Kazakhstan and the EIB,
advancing key investment projects, deepening Kazakhstan–EU
cooperation and supporting the development of the Trans-Caspian
Transport Corridor.
