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Kazakhstan and Greece are preparing new joint projects

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Photo by: Gov

Kazakhstan and Greece are working to expand economic ties and launch new joint investment initiatives following a series of high-level meetings in Athens, DKNews.kz reports.

During a working visit to Greece, Kazakhstan’s Deputy Foreign Minister Alibek Kuantyrov held talks with government officials and business leaders. The discussions focused on priority sectors for investment projects and stronger bilateral trade cooperation.

Focus on economic partnership

One of the key meetings took place with Greece’s Deputy Foreign Minister Harris Theocharis.

The sides discussed preparations for the upcoming session of the Kazakhstan–Greek Intergovernmental Commission on Economic and Technological Cooperation, as well as broader bilateral issues.

“Kazakhstan occupies an important place among Greece’s key partners, particularly in the energy sector. At the same time, we see significant potential for expanding cooperation in areas such as agriculture, logistics, and several other industries,” the Greek diplomat noted.

The statement highlights Kazakhstan’s growing role as an economic partner for Southern Europe.

Kazakhstan proposes practical joint projects

Kazakhstan’s delegation emphasized readiness to move from dialogue to implementation.

“We see substantial potential for launching joint projects in industry, energy, and infrastructure. It is important to focus on the implementation of concrete initiatives capable of ensuring mutual benefit and sustainable economic impact,” stated the Deputy Minister of Foreign Affairs of Kazakhstan.

Priority sectors named during the visit included:

  • industry
  • energy
  • infrastructure
  • agriculture
  • logistics

This suggests both countries are seeking practical cooperation with measurable economic outcomes.

Tax policy and digital services discussed

Particular attention was also paid to institutional and financial cooperation.

During talks with Georgios Pitsilis, Governor of Greece’s Independent Authority for Public Revenue, the parties discussed:

  • improving tax administration
  • digitalization of public services
  • prospects for an agreement on avoidance of double taxation

Such agreements are often seen as important tools for attracting foreign investment and simplifying cross-border business activity.

Investment funds explore cooperation

Kazakhstan also held meetings with financial institutions and sovereign investment structures.

Talks were held with:

  • Black Sea Trade and Development Bank
  • Growthfund, Greece’s sovereign wealth fund

The sides reviewed opportunities for practical cooperation, including participation in infrastructure and financial projects in Kazakhstan.

This may open additional channels for European capital into Kazakhstan’s economy.

Business community shows interest

Meetings were also held with representatives of Greek companies, including:

  • METLEN Energy & Metals
  • Desserta Hellas
  • CCC

Discussions focused on financing mechanisms and joint projects in:

  • metallurgy
  • energy
  • petrochemicals
  • agro-industry
  • industrial infrastructure

Why this matters

The visit signals Kazakhstan’s continued strategy of diversifying investment partnerships across Europe.

For Greece, cooperation with Kazakhstan may strengthen access to Central Asian markets, energy opportunities and new logistics routes.

For Kazakhstan, the talks could bring:

  • new foreign investment
  • stronger trade links with Europe
  • technology and industrial partnerships
  • broader financial cooperation

As global supply chains shift, partnerships between Central Asia and Southern Europe are becoming increasingly valuable.

DKNews International News Agency is registered with the Ministry of Culture and Information of the Republic of Kazakhstan. Registration certificate No. 10484-AA issued on January 20, 2010.

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