From June 18 to 20, the delegation of Caspy Commodity Exchange (CCX) participated in the General Assembly of the Association of European Energy Exchanges (EUROPEX), organised in Oslo, Norway’s capital, DKnews.kz reports.
The event united leaders from 33 European exchanges – members of EUROPEX – including representatives of European regulators, the European Commission, analysts, and experts in the fields of energy, climate, and exchange infrastructure.
During the Assembly, elections were held for the Association’s Chairman, members of the Board of Directors, and heads of the relevant working groups for electricity, gas, environmental, and financial markets. The agenda also included topics on market integration, digital transformation, and cybersecurity.
At the plenary session of the Assembly, the President of the Caspy Commodity Exchange, Murat Kadissov, presented the experience of exchange trading in the Republic of Kazakhstan, as well as the long-term cooperation strategy between EUROPEX and CCX. Currently, the Caspy Commodity Exchange is the first affiliated member of EUROPEX from Central Asia, joining in 2024. This is a high recognition of Kazakhstan’s role as an active participant in the international dialogue on decarbonization, the development of energy and commodity markets, digitalization, and ESG.
“EUROPEX has established itself as a powerful platform uniting energy exchanges and infrastructure organizations across Europe, forming a unified position on key issues to ensure the sustainable development of European and international markets. For Kazakhstan, participation in the Assembly is an opportunity not only to showcase its experience, but also to build strategic partnerships with European industry leaders. The Caspy Commodity Exchange aims to facilitate dialogue between representatives of exchange infrastructure and regulators from Europe and the Republic of Kazakhstan” Murat Kadissov, CCX President
This cooperation format opens up a range of strategic prospects for Kazakhstan. Primarily, it involves strengthening the national carbon market through sharing of experience with European partners to create transboundary CO₂ quota trading.
One of the key directions of partnership is developing commodity exchange infrastructure, including digital and clearing solutions, as well as establishing a comprehensive regulatory framework – especially relevant for building a regional raw materials and commodities market in Central Asia.
Moreover, Kazakhstan’s presence at a level where industry rules are determined helps strengthen trust among European investors and partners, as well as creates additional diplomatic and institutional channels for interaction.
Diplomatic and expert visits accompanying the Assembly laid a solid foundation for concluding bilateral agreements with European exchanges and regulators, including expanding interstate cooperation between the Republic of Kazakhstan and the Kingdom of Norway.
All of these initiatives directly align with the priorities of the President of Kazakhstan regarding the development of carbon and commodity markets, the creation of modern market institutions, and promoting the country as a regional center for sustainable economic growth and integration.
