>@imedia/To be defined
Mr Wilhelm Molterer, Vice President of the EIB and H.E. Mr Karim MASSIMOV, Prime Minister of the Republic of Kazakhstan ©imedia/To be defined

On 2 May Mr Karim Massimov, Prime Minister of the Republic of Kazakhstan visited the European Investment Bank (EIB) in Luxembour to discuss current and future cooperation between the Republic of Kazakhstan and the EIB. The EIB confirmed its commitment to support Kazakhstan in its national development strategy of economic diversification by both providing long-term financing and sharing its know-how.

Prime Minister Massimov discussed with EIB Vice-President Molterer the possibilities of project financing, particularly in the areas of development of social and economic infrastructure, climate change mitigation and support for Kazakhstan’s private sector, in particular SMEs. In April 2010 the EIB signed a framework agreement with the Republic of Kazakhstan that enables the Bank to proceed with the financing of investment projects of mutual interest for Kazakhstan and the European Union.