The relationships between Kazakhstan and the European Union in the context of energy and the Caspian Sea

Аннотация

Relationships between Kazakhstan and the EU began with the independence of Kazakhstan. The Partnership and Cooperation Agreement, which was enacted in 1999, was aimed at harmonizing Kazakhstan’s legal norms with EU legal norms and standards with the aim of increasing mutual trade and investment. The planned meetings between the two sides were held within the framework of the committees for cooperation at the ministerial level. At the same time, subcommittee meetings were held on various issues between the representatives of Kazakhstan and the EU. These meetings discussed issues of common interest and discussed technical assistance schemes that the EU should take to promote Kazakhstan’s cooperation with other issues. In addition to the Agreement on Partnership and Cooperation signed by Kazakhstan with the EU, there are other agreements on many issues. The purpose of the article is to analyze the initiatives between Kazakhstan and the EU around the Caspian Sea in trade and energy relations.The research is based on qualitative analysis. In conclusion, we can say that both countries have benefited from strategic cooperation among themselves. Over the years of independence, many projects have been implemented and demonstrated positive results. Significant amounts of funds were allocated to agreements concluded within the Caspian Sea, aimed at the development and use of energy resources. In general, the EU gained strength in the energy sector, depending on the individual interests of the EU countries.