Kazakhstan’s Almaty and Luxembourg to develop cooperation

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ALMATY (TCA) — The most crisis-prone spheres of the economy were discussed by businesspeople of the two countries at the business forum “Almaty-Luxembourg”, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on June 15.

Luxembourg businesspeople arrived in Kazakhstan for the opening of Astana Expo-2017. Their country presented its pavilion at the international exhibition.

The guests then went to Kazakhstan’s commercial capital and largest city, Almaty, to get acquainted personally with colleagues and discuss opportunities for cooperation.

“Luxembourg is actively developing all areas of the economy. But the best areas are finance, logistics, and legal services. Experience has shown that these types of businesses are the most crisis-resistant. In Luxembourg there are about two thousand information companies, employing more than 16 thousand people. And their number is constantly growing,” said Jeannot Erpelding, Director for International Relations of the Luxembourg Chamber of Commerce.

He also noted that Almaty and Luxembourg have much in common. Both cities are in the center of their regions, Almaty in the heart of Central Asia, and Luxembourg in Europe. And both cities have no access to the sea. Luxembourg solved this problem by building a huge airport, the fifth largest in terms of volume of traffic in Europe. Luxembourg will soon expand its logistics capabilities by the railway communication “Europe –Guangzhou (China)”. Jeannot Erpelding expressed hope that this railway will pass through Kazakhstan.

Mr. Erpelding said that cooperation between Kazakhstan and Luxembourg is still poorly developed, and expressed hope that the absence of double taxation will have a positive impact on the dynamics of bilateral relations.

Sergey Kwan

TCA