Kazakhstan and China Strengthen Bilateral Relations with $25 Billion in Agreements
Key Ideas
  • Kazakhstan and China are set to sign around 60 agreements totaling $25 billion to enhance bilateral cooperation.
  • The focus of the agreements includes investment contracts, cooperation documents, and specifically a project for green hydrogen production.
  • The project with the Chinese company Seraphim aims to develop green hydrogen, a promising eco-friendly fuel gaining global attention.
  • Hydrogen energy is highlighted for its potential, with countries like China, Japan, and the USA emphasizing its advantages in various sectors.
During the China-Central Asia Industrial and Investment Cooperation Forum in Baku, Azerbaijan, Kazakhstan and China are preparing to solidify their relationship through a series of agreements amounting to almost $25 billion. The agreements cover various sectors, including investment contracts and a notable project focused on green hydrogen production. Madiyar Sultanbek from NC KAZAKH INVEST JSC mentioned that the exchange of signed documents will occur during the forum, with significant involvement from high-ranking officials like First Deputy Prime Minister Roman Sklyar. Sultanbek highlighted the importance of the project with the Chinese company Seraphim, aiming to advance the production of green hydrogen using renewable energy sources. This initiative aligns with the global shift towards eco-friendly fuels, with hydrogen energy showing promising performance in transport and aviation. The article emphasizes the growing interest in hydrogen technology worldwide, with countries like China, Japan, and the USA recognizing its potential benefits. The collaboration between Kazakhstan and China in the field of green hydrogen reflects a positive step towards sustainable energy solutions and international cooperation.
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