Bavaria's Primary Trade Alliance Shifts Towards Kazakhstan in CIS and Central Asia Regions
Kickin' It Kazakhstan-Style: Bavaria's Steamrollin' Trade Partnership 🇩🇦🇩🇪
Check out the snazzy photo from the Kazakh-Bavarian Business Dialogue, hosted on April 4th - y'all need to see this! 📸
According to the buzz around town, our mates from the Prime Minister's press service spilled the beans that Roman Sklyar, Kazakhstan's First Deputy Prime Minister, dropped by Germany for a visit. This soiree followed a bunch of hobnobbin' in the federal state of Hesse.
So, what went down at this get-together? Well, a Kazakh delegation, led by the cool cat himself, Sklyar, joined forces with representatives from companies like Horsch, Linde Gas AG, and Rhenus. These sneaky cats shared their sly tactics for crushing it in Kazakhstan and chatted up the country's thriving financial and business scene.
At a private powwow with Hubert Aiwanger, Bavaria's Minister of Economic Affairs, Regional Development, and Energy, Sklyar and Aiwanger praised each other's business moves and talked up the upcoming launch of direct Shymkent-Munich flights, scheduled for the end of May.
Sklyar got together with Bavaria's European and International Affairs Minister Eric Beißwenger, who couldn't hide his excitement about beefin' up business and humanitarian ties with our Kazakh crew and promised ongoing support for joint initiatives.
Bavaria, the German cream of the crop in economic development, boasts a whopping 4.7 billion euros worth of trade with Kazakhstan in 2024, making up almost half of Kazakhstan's total German trade!
Here's the lowdown on where Kazakhstan stands in Bavaria's trade pecking order:- Kazakhstan ranks as the 21st trading partner overall and 15th in terms of import volume, bouncin' Belgium and countries like Türkiye, Japan, Vietnam, and South Korea to the curb.- Approximately 50% of Bavaria's oil imports come from Kazakhstan - ain't that a kicker?
Don't cha know, Bavaria's boomin' economy and Kazakhstan's growth potential create a yin-yang relationship, with both parties interested in helpin' each other out. Stay tuned for the launch of those direct flights, 'cause it's gonna bring even more simpatico action between these two powerhouses!
- Roman Sklyar, the First Deputy Prime Minister of Kazakhstan, noted his visit to Germany, where he joined a private meeting with Hubert Aiwanger, Bavaria's Minister of Economic Affairs.
- During the meeting, Sklyar and Aiwanger discussed the upcoming launch of direct Shymkent-Munich flights, scheduled for the end of May, as a significant step in the growing business relationship.
- In 2024, Bavaria's trade with Kazakhstan amounted to an impressive 4.7 billion euros, making Kazakhstan the 21st trading partner and the 15th in terms of import volume for Bavaria.
- A substantial 50% of Bavaria's oil imports come from Kazakhstan, highlighting the potential for further diversification and growth in the industry and finance sectors of both regions.
