According to Euronews, Chinese President Xi Jinping and Kazakh President Kassym-Jomart Tokayev signed more than 70 commercial agreements on the sidelines of the World AI Conference in Shanghai. The deals, valued at a combined €11.4 billion, are set to strengthen economic ties between the two nations and move their relationship to a new level.
Key projects resulting from these agreements include the construction of a new Caspian port terminal and the development of Central Asia’s first battery plant in collaboration with the manufacturer CATL. Both leaders highlighted the importance of these initiatives for regional cooperation during the event held on 17 July 2026.
Source: Euronews. Read the original report ↗