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Kazakhstan | Brussels, 20 January 2015

EU-Kazakhstan Enhanced Partnership and Cooperation Agreement

Today, the EU-Kazakhstan Enhanced Partnership and Cooperation Agreement was initialed. This agreement will greatly facilitate stronger political and economic relations between Kazakhstan and the EU. It will increase the flow of trade, services and investment between the parties and will contribute to Kazakhstan’s political and social development. The initialing of the Agreement is an important step towards its eventual signature and subsequent implementation.

Background

Kazakhstan is the first Central Asian partner to have concluded an Enhanced Partnership and Cooperation Agreement with the EU. The new Agreement will replace the Partnership and Cooperation Agreement in force since 1999, and will give EU – Kazakhstan relations a new up-to-date and stronger foundation.

Objectives and content of the Enhanced Partnership and Cooperation Agreement

The EU – Kazakhstan Enhanced Partnership and Cooperation Agreement counts about 280 pages and is comprised of 9 Titles as follows: General Principles and Aims of this Agreement; Political Dialogue, Cooperation in the Field of Foreign and Security Policy; Trade and Business; Cooperation in the Area of Economic and Sustainable Development; Cooperation in the Area of Justice, Freedom and Security; Other Cooperation Policies; Financial and Technical Cooperation; Institutional Framework; and General and Final Provisions.

Main areas of cooperation

Values: the Agreement puts a strong emphasis on democracy and the rule of law, human rights and fundamental freedoms and sustainable development.
Enhanced cooperation in foreign and security policy, with the focus on regional stability, weapons of mass destruction (WMD), international cooperation in the fight against terrorism, conflict prevention and crisis management;

Trade: the Agreement ensures better regulatory environment for the economic operators in areas such as trade in services, establishment and operation of companies, capital movements, raw materials and energy, government procurement and intellectual property rights;

Justice, Freedom and Security, covering the rule of law, data protection, migration, the fight against money laundering and terrorism, tackling illicit drugs, and the fight against organised crime and corruption;

Enhanced cooperation in some other 29 key sector policy areas, including in the sectors of economic and financial cooperation, energy, transport, environment and climate change, employment and social affairs, culture, education and research.

Implementation and immediate benefits

Once signed and implemented, concrete benefits can flow from the Agreement. Examples include a better protection of consumers including lower prices and better-quality products; more business opportunities for small and medium enterprises, as a result, more jobs; more efficient use of energy and the development of renewable energy sources; a better functioning judiciary sector, a strengthened rule of law and increased transparency.

The Agreement foresees provisional application so that positive impacts can be expected already prior to ratification.

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