ASTANA (TCA) — The key areas of activity of Kazakhstan’s Foreign Ministry include the attraction of foreign investments to Kazakhstan, assistance to domestic exporters in promoting finished products in world markets, and assistance in implementation of industrial and innovative projects, Kazakhstan’s Foreign Minister Kairat Abdrakhmanov said at a press conference on May 18, the official website of the Prime Minister of Kazakhstan reported.
The President of Kazakhstan has identified effective mechanisms in this direction, including the development and adoption of the National Investment and Export Strategy, the creation of national companies for investment and export — Kazakh Invest and Kazakh Export, as well as redistribution of powers within the structure of the Government on foreign trade issues.
According to Minister Abdrakhmanov, effective institutions for interaction with investors at all levels have been created in Kazakhstan.
“Meetings of the Council of Foreign Investors under the chairmanship of the Head of State are held regularly, the next meeting will be held during the EXPO-2017 in Astana. The Council for Improving the Investment Climate, headed by the Prime Minister of Kazakhstan, and the Governmental Council on attracting investors are functional. The Institute of the Investment Ombudsman is also operating,” Abdrakhmanov said.
The Minister also said that by joint efforts of state bodies in the period 2005-2016, $242 billion of direct foreign investments were attracted to Kazakhstan, of which $20.6 billion was attracted last year.
In 2016, more than 300 trade, economic and investment events were held abroad, and more than 600 foreign delegations visited Kazakhstan, the Foreign Minister said.
