Kazakhstan and EU sign EUR 200 million agreement to support sustainable transport and renewable energyThe Development Bank of Kazakhstan (DBK) and the European Investment Bank (EIB) have signed a framework credit agreement worth EUR 200 million to support investments in sustainable transport and renewable energy sources, according to the EU Delegation to Kazakhstan.The agreement was signed during the visit of European Commissioner for International Partnerships, Jozef Síkela, to Kazakhstan as part of the "Global Gateway" strategy."This loan will be supported by an EU guarantee of EUR 18 million. This funding will be instrumental in supporting investments in sustainable transport and renewable energy, in line with the objectives of the Global Gateway flagship programmes on the Trans-Caspian Transport Corridor and the Team Europe Initiative on Water, Energy, and Climate Change," the press release stated.Commissioner Síkela also attended the signing of a EUR 3 million contract aimed at developing cooperation in critical raw materials between the European Union and Central Asia.The agreement, implemented by the European Bank for Reconstruction and Development, will facilitate the identification of joint projects and promote international best practices for sustainable and responsible supply chains in the critical raw materials sector.Commissioner Síkela emphasized the European Union’s commitment to deepening its economic partnership with Kazakhstan through sustainable investments."This financing agreement will boost connectivity, enhance renewable energy infrastructure, and further integrate Kazakhstan into the Trans-Caspian Corridor, a key component of the Global Gateway strategy," he was quoted as saying.The EU’s Global Gateway strategy aims to mobilize EUR 300 billion in public and private investments globally by 2027, supporting sustainable growth, enhancing digital, energy, and transport connectivity, and promoting stronger education and research systems. (ICE ALMATY)

Fonte notizia: INTERFAX