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Rare earths top agenda at first ever Central Asia-EU summit

  • Kazakhstan announced the discovery of over 20 million metric tons of rare earth metals just before the Central Asia-European Union summit in Samarkand, which could give it the world's third-largest reserves, behind China and Brazil.
  • The summit, held in Samarkand, focused on strengthening trade relations and attracting foreign investment between Central Asian leaders and EU officials.
  • The summit discussions included the opening of a European Investment Bank office in Tashkent to enhance economic cooperation.
  • EU leaders are increasingly interested in Central Asia's mineral resources, as the region has gained attention due to geopolitical changes since Russia's invasion of Ukraine.
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EURACTIV broke the news in Brussels, Belgium on Thursday, April 3, 2025.
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