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Kazakhstan is the best gate to enter Eurasian Economic Union markets: President Nazarbayev

12 june 2014, 12:45
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Nursultan Nazarbayev. tengrinews.kz stock photo
Nursultan Nazarbayev. tengrinews.kz stock photo

Stable relations between the country’s Government and foreign investors have been positioning Kazakhstan as “the best gate to enter the market of the Eurasian Economic Union”, Tengrinews.kz reports, citing President Nazarbayev as saying.

“Whereas some countries are facing growing instability and deteriorating investment climate, with the new Eurasian Economic Union launched, Kazakhstan is offering new opportunities for foreign investors”, President said when speaking at a sitting of the Foreign Investors' Council (FIC).

According to him, “the economies of the member states [Kazakhstan, Russia and Belarus] stand at $2.3 trillion. The combined market of 170 million people (…) is offering conditions for free movement of goods, workforce, services, and capital”.

“Investing into the Kazakhstan’s economy is bringing forth new ample opportunities. We are offering unique conditions for foreign investors, (…) including low taxes, stable relations between the Government and investors. All this makes Kazakhstan the best gate to enter the huge market of the Eurasian Economic Union”, the President believes.

The Foreign Investors’ Council (FIC) chaired by the President of the Republic of Kazakhstan is an advisory body established in 1998 to promote direct dialogue between the Government of Kazakhstan and foreign investors in order to efficiently address key issues related to their investment activities in the country.
 


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