Kazakhstan’s foreign ministry attracting investment, promoting exports

ASTANA (TCA) — The Ministry of Foreign Affairs of Kazakhstan is actively participating in the development of national strategies for attracting investments and promoting exports, First Deputy Foreign Minister Mukhtar Tleuberdi said at a briefing on August 21, the official website of the Prime Minister of Kazakhstan reported.

Tleuberdi said that the work is being carried out to ensure the protection and promotion of national economic interests within the framework of international cooperation, primarily within the EEU, SCO, linking of the Kazakh state program Nurly Zhol with China’s Silk Road Economic Belt program, and creating of an international IT park on the basis of EXPO-2017 in Astana.

In order to strengthen the work on attracting foreign investments, it was previously decided to appoint Foreign Ministry investment advisors in 10 priority countries (Germany, France, China, Great Britain, South Korea, Japan, India, Iran, Italy, and the USA) to work with investors.

The issue of opening Kazakh Invest front offices in the United States, Germany, France, Turkey, the UAE, China, and Russia is under consideration.

In order to develop direct contacts between the foreign diplomatic community in Kazakhstan and the country’s business community, the Diplomatic Business Club was established at the initiative of the Ministry of Foreign Affairs. In 2016, Astana hosted meetings of foreign diplomats and businesspeople with governors of the North Kazakhstan and Aktobe provinces. In April this year, a similar meeting took place between foreign ambassadors and governors of the Kostanai province. Investment opportunities of Aktobe and West Kazakhstan provinces were presented at the Astana EXPO site.

Sergey Kwan