KAZAKSTAN’S GERMANS SEEN AS ENGINE OF ECONOMIC DEVELOPMENT.
Publication: Monitor Volume: 3 Issue: 93
German chancellor Helmut Kohl, flying home from Southeast Asia, stopped over in Almaty yesterday for talks with Kazakstani president Nursultan Nazarbaev. The two leaders expressed satisfaction with the growth in bilateral trade, which reached $400 million in 1996, notwithstanding the fact that Germany is not involved in Kazakstan’s extractive sector. German investment is led by medium and small firms — many of them managed and staffed by Kazakstan’s ethnic Germans, who are Soviet-era deportees and their descendants.
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