By Nicklas Norling (11/11/2014 issue of the CACI Analyst)
On October 9, Kazakhstan and the EU concluded negotiations on an enhanced Partnership and Cooperation Agreement, superseding the PCA that had been in force since 1999. The agreement, the first of its kind, is primarily a result of strengthening trade and investment ties between Kazakhstan and EU countries developed over the past 15 years. Kazakhstan is among the most economically EU-oriented post-Soviet states and one of only three whose trade with the EU is growing relative to that with other countries. The enhanced partnership will serve as a foundation to further strengthen these ties but the EU must upgrade Kazakhstan in its list of priority countries to exploit the partnership’s full potentials.
- Kazakhstan
- EU
- Trade