V Astana Economic Forum started its work


V Astana Economic Forum started its workThe International V Astana Economic Forum has started its work. It enjoys participation of 8 000 delegates from 90 countries of the world.

The Astana Forum became one of the largest international platforms to debate a wide range of issues concerning world economy. This year it focuses on financial capital and international economics, industrial and innovation development, sustainable development and global social situation.

300 high ranking guests are expected to take part in 55 events. The main activities will start on May 23. The panel sessions are to be held today.

Besides, the II Eurasian Business Congress opens in the afternoon to find solutions  to mutual problems the European and Asian entrepreneurs face doing business. The I State and Business Partnership Congress is expected to mull attracting of private investments into the development of services in Kazakhstan.


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Kazakhstan, Russia and Belarus to establish council on cooperation with business structures


Prime Ministers of Kazakhstan, Russia and Belarus will sign a memorandum with business communities, Vice-President of the Russian Union of Industrialists and Entrepreneurs Alexander Murychev announced during the II Eurasian Business Council, which is held within the framework of the V Astana Economic Forum in Astana.

According to him, heads of government are expected to meet on June 15 in order to sign a memorandum with business communities of Russia, Belarus and Kazakhstan. The document will be aimed at better coordination of efforts with the business communities and establishing an advisory council, which will include business associations.


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SES countries drew up business cooperation calendar plan


Single Economic Space member states – Kazakhstan, Russia and Belarus – have prepared a specific calendar schedule for interaction between business structures, Deputy Prime Minister of Kazakhstan Kairat Kelimbetov said at the II Eurasian Business Council on Tuesday.

Kelimbetov considered the SES Troika as the most advanced form of integration. “After the establishment of the Customs Union we have done a lot to form the Single Economic Space. I think that till 2015 we have a very specific calendar plan that helps the business feel that registration procedures and terms of penetrating into other markets become easier,” Kelimbetov noted.


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Kazakh Gov’t must submit new project of coop with private sector on infrastructure development – EBRD


The Government of Kazakhstan must submit a new project of cooperation with the private sector in the field of infrastructure development, Vice President of European Bank of Reconstruction and Development Olivier Descamps told the V Astana Economic Forum on Tuesday.

When it comes to attract new foreign investment, there are always three or four questions that a potential investor will ask the EBRD, and we, in turn, will ask the Government. Namely, customs, high levels of corruption, lack of technical skills, and lack of interaction between large, medium and small businesses,” Olivier Descamps said.

According to him, it is necessary to develop infrastructure for the industry in Kazakhstan and attract private capital to this work, correctly using the mechanisms of public-private partnership.