Germany and kazakhstan signed billions of euros raw materials cooperation agreement

Confucius News department reported that German points, kazakhstan and Germany 2 August signed billions of euros raw materials cooperation agreement, among them, the German company will received permission to search for and promote in kazakhstan, rare earth mining, kazakhstan will get the technology provided by the German.

German chancellor Angela merkel has the day with the visiting President nazarbayev kazakhstan held a meeting. Angela merkel said to the media after the meeting, the two countries cooperation agreement was developed over the past few years the good working relationship between results.

Signing ceremony for the German economic minister, said Michael reul, and kazakhstan has concluded raw materials partnership, in the supply of raw material support for Germany's economy with great help. Especially metal materials and industrial mineral for high technology of Germany has the decisive role, these materials Germany depend heavily on imports.

According to German media reports, the German federal industry federation raw materials policy committee, said the cooperation agreement as "a true win-win situation", German industrial raw materials supply security was strengthened.

Kazakhstan is the world's fifth largest raw materials reserve kingdom, its main resources, including oil, natural gas, gold and uranium, as well as on smart phones, a hybrid car engine high-tech products essential rare earth.