Kazakhstan–Netherlands relations

Kazakhstan–Netherlands relations refer to the bilateral relations between Kazakhstan and the Netherlands. The Netherlands has an embassy in Nur-Sultan.[1] Kazakhstan has an embassy in The Hague.[2]

Kazakhstan-Netherlands relations

Kazakhstan

Netherlands

Economic relations

There is significant trade between the two countries in agriculture, oil, chemicals and machinery sectors.[3]

The Netherlands is the largest source of foreign direct investment into Kazakhstan.[4] $90.4 billion of foreign direct investment was directed from the Netherlands to Kazakhstan from 1991 till 2019.[5] Dutch companies invested $7.3 billion into the economy of Kazakhstan in 2019 accounting for 30.2% of total FDI that year and remaining the biggest investors in the Central Asian country.[6]

A bilateral investment treaty signed in 2002 establishes a framework for fair and equitable treatment of respective investments and capital so to encourage foreign direct investment and trade.[7]

State visits

In 2015, Dutch Prime Minister Mark Rutte met with Nursultan Nazarbayev in Nur-Sultan, Kazakhstan and affirmed the Enhanced Partnership and Cooperation Agreement between the European Union and Kazakhstan.[8]

Diplomacy

See also

References


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