Dubai PR Network, Online Press Release from Dubai and Middle East
 
Economy & Statistics(Banking & Investments)
Filter PR by
  
"Kazakhstan can become the main trade and economic partner of the UAE in Central Asia."
 

Dubai, UAE, September 04, 2018:  About the main perspectives and potential of investment and economic cooperation between the countries, Ilya Urazakov, Head of the Representative Office of the State Investmentand Promotion Agency of the Republic of Kazakhstan, 'Kazakh Invest', told at the meeting with representatives of the UAE Media.

- 'Historically, our countries have very warm and strategic relations. But turnover and investment cooperation could be much higher. According to experts from both countries, the potential for economic cooperation can at least triple' - the speaker said.

According to data for 2017, commodity turnover between the countries approached the level of 680 million US dollars, and the volume of investments in Kazakhstani projects for all this time amounted to about 4 billion USD, while the total amount of foreign investment in the country over the past 10 years reached 270 billion USD, which is 63% of all investments in Central Asia.

The Republic of Kazakhstan today actively invites the business of the Middle East to cooperate in various fields of the economy.

As part of the presentation of Kazakhstan's Investment Strategy for 2018-2022, Urazakovnoted that the most promising sectors for cooperation with the Arab Emirates business are agriculture, mining, petrochemicals and tourism projects.

220 million hectares of agricultural land in the middle of Eurasia, exemption from taxes and full governmental support, this is what the Republic offers for partners from the UAE today, as part of the investment cooperation program.

- 'Today there is no doubt that cooperation between Kazakhstan and the UAE will be extremely successful!» -noticed Ilya Urazakov. «Our countries are interested in each other. The UAE has the latest technology, excellent management and international expertise. Kazakhstan is ready to offer in addition to the richest resource base, conditions for quality processing, full state support and, of course, access to new markets.'

This country of Central Asia opens access to a new, actively developing market of 500 million people, and these are the countries of Central Asia, the territory of Western China, Russia and the Caspian states.

 


Posted by : Dubai PR Network Editorial Team
Viewed 7479 times
PR Category : Banking & Investments
Posted on : Tuesday, September 4, 2018  9:07:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Fintech Abu Dhabi Launches Two Full Days of Activities for S...
Next Story : Special Economic Zones – A tool for future economic developm...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Boss Bottled Infinite: Express Your Inner Self [24193-Views]
Chronoswiss adds beauty in blue to Sirius Chronograph Moon Phase collection [15140-Views]
Mouawad Announces New Partnership With the Miss Universe Organization [12450-Views]
Ncef-reverse Eyes – Filorga's New Ground Breaking Eye Care! [8918-Views]
A touch of elegance with Al Asel [8802-Views]
Roberto Cavalli's exclusive new duo of fragrances [8619-Views]
Ferrari 812 GTS: the V12 spider returns [8436-Views]
La Roche-posay Presents an Incomparable Skincare Experience With ‘My Skin Track UV;' the W... [8180-Views]
Tag Heuer Launches First Ever Emerald Green Dial Aquaracer (for Men & Women) in the UAE [7753-Views]
World's First Cartridge-Free Laser Printer Now Available in the UAE [7753-Views]
Tabreed demonstrates commitment to enhancing energy efficiency with ISO 50001 certificatio... [7302-Views]
Sony Middle East and Africa launches the new king of full frame mirrorless cameras – Alpha... [7131-Views]
A Journey of Belief: Caroline Leon goes the extra mile with DHL as she attempts to climb h... [7125-Views]
Corum Golden Bridge Round 39 for elegant lady [7046-Views]
The Ferrari F8 Spider: the evolution of the species [6594-Views]
Introducing Pestle & Mortar [6399-Views]
Introducing the Dyson V11TM Absolute cord-free vacuum [6368-Views]
Tissot Carson Automatic Urban vitality [6185-Views]
Energy Transition is Accelerating Across Countries Worldwide According to 2019 World Energ... [5917-Views]
Glamorous Gilda for elegant lady' [5838-Views]
Pan Emirates Home Furnishing welcomes Autumn with its new collection [5758-Views]
Trade Up Your Old Device For the Next Level Power Galaxy Note10 [5405-Views]
The art of knurling [5130-Views]
Breitling Announces Partnership With Etihad Airways [4990-Views]
Union Coop constructs two commercial centers in Al Badaa (Jumeirah) and Barsha 3 [4850-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories