Gala reception in Luxembourg marks Eurasian Resources Group’s five-year anniversary and the opening of the Honorary Consulate of the Republic of Kazakhstan in the Grand Duchy

<p><span lang="EN-GB" style="font-family: &quot;Arial&quot;,sans-serif; mso-ansi-language: EN-GB;"><font color="#000000" size="3"><strong>Eurasian Resources Group (ERG), a leading diversified natural resources group headquartered in Luxembourg, held a gala reception to celebrate five years of its business, which was combined with the official opening of the Honorary Consulate of the Republic of Kazakhstan in the Grand Duchy of Luxembourg and held in the presence of Mr Xavier Bettel, Prime Minister of Luxembourg.</strong></font></span></p>

Eurasian Resources Group (ERG), a leading diversified natural resources group headquartered in Luxembourg, held a gala reception to celebrate five years of its business, which was combined with the official opening of the Honorary Consulate of the Republic of Kazakhstan in the Grand Duchy of Luxembourg and held in the presence of Mr Xavier Bettel, Prime Minister of Luxembourg.

The Ambassador of the Republic of Kazakhstan to the Kingdom of Belgium and the Grand Duchy of Luxembourg, H.E. Aigul Kuspan, Chairman of the Board of Directors of ERG, Dr Alexander Machkevitch, and CEO of ERG and Honorary Consul of the Republic of Kazakhstan Kazakhstan to the Grand Duchy of Luxembourg Mr Benedikt Sobotka, as well as government representatives from Luxembourg and Kazakhstan, business leaders, senior managers, employees and partners of ERG, and embassy officers, attended the event.

Chairman of the Board of Directors of ERG, Dr Alexander Machkevitch, said: “This year marks the fifth anniversary of ERG’s business in Luxembourg, and we are also celebrating 25 years of our operations in Kazakhstan. We are proud to be considered a successful representative of Kazakhstan business in the Grand Duchy. Today, Luxembourg offers great opportunities for economic and technological cooperation, as well as sustainable development. Our presence in the country is further aided by a government that is willing and able to engage in constructive dialogue with international companies. We are encouraged by the establishment of an Honorary Consulate that will further strengthen business cooperation between Kazakhstan and Luxembourg.”

Prime Minister of Luxembourg, Mr Xavier Bettel, said: “The opening of an Honorary Consulate of Kazakhstan in Luxembourg is a testament to our positive partnership and I believe its establishment will further strengthen our collaborative ties. The two countries retain relations based on trust and mutual respect, which is equally important.”

Ambassador of the Republic of Kazakhstan to the Kingdom of Belgium and the Grand Duchy of Luxembourg, H.E Aigul Kuspan, thanked ERG’s management and employees for hosting the reception, highlighting ERG’s significant contributions to the development of business relations between the two countries.

Over the last five years of its business in Luxembourg, ERG has implemented a number of initiatives focused on business development and strengthening the company’s leading position in the global mining sector, as well as on the innovative development of the entire mining industry and setting new and higher business standards.

In his speech, CEO of ERG and Honorary Consul of the Republic of Kazakhstan to the Grand Duchy of Luxembourg, Mr Benedikt Sobotka, said: “We are honoured to be a representative of Kazakhstan business in Luxembourg. Today, ERG employs more than 85,000 people globally. The Group is among the key players in the global ferrochrome and cobalt markets, a strategic partner of the World Economic Forum, co-founder of the Global Battery Alliance – which I am proud to co-chair – and a leading participant in China’s Belt and Road Initiative. I believe that the opening of the Honorary Consulate will have a positive effect on the development of bilateral business cooperation.”

The Ambassador noted that Luxembourg is a reliable political, trade and economic partner of Kazakhstan in the European Union and encouraged Luxembourg companies to participate in joint investment projects. In view of this, the Ambassador identified hi-tech initiatives in the aerospace industry and the financial services sector, which are the areas in which Luxembourg has been recognised as a global leader.

H.E Aigul Kuspan highlighted that the opening of the Honorary Consulate in Luxembourg is an important milestone in the history of bilateral relations. The Consulate is set to facilitate further expansion of trade and economic ties and promote cooperation in tourism, education, culture and sports.