Tokayev participates in meeting of Heads of CA States and Olaf Scholz
![Tokayev participates in meeting of Heads of CA States and Olaf Scholz](https://thegulfobserver.com/wp-content/uploads/2023/09/olaf-1024x497.webp)
Berlin, The Gulf Observer: Addressing the participants of the meeting, Kazakh President Kassym-Jomart Tokayev expressed gratitude to Olaf Scholz for the hospitality and excellent organization of the Summit. He noted the high relevance of the launch of the C5+Germany format dialogue, according to the reports of Akorda.
The Kazakh President dwelled upon the priority areas of cooperation development, calling the expansion of trade and economic cooperation a priority task.
The region’s trade turnover with Germany demonstrates positive dynamics, reaching $11bn lasty ear. Kazakhstan accounts for over 80% of the trade turnover and we’re ready to expand the export to Germany by an additional 180 non-primary goods worth $850mln. They include petrochemical, metallurgy, food commodities, said the Kazakh President.
According to him, signing long-term contracts to import products from the region as well as offering the CA countries special trade preferences similar to the EU’s GSP+ could contribute to greater mutual trade turnover.
The Kazakh President proposed to create a joint working group at the level of specialized agencies to elaborate proposals to simplify the trade environment.