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Kazakh-US business ties in focus

28 September 2015 16:14 (UTC+04:00)
Kazakh-US business ties in focus

Kazakhstan’s President Nursultan Nazarbayev discussed issues of cooperation with major US companies during a visit to New York.

Nazarbayev met, in particular, with managers of the leading American companies, investment funds and financial institutions, such as the Guggenheim Partners LLC, JP Morgan, Pfizer, Blackstone, Cisco Systems and others, according to the press service of the president of Kazakhstan.

The meeting reviewed the ways to increase the US companies’ participation in the further development of Kazakhstan’s economy and the possibilities to cooperate in creation of an international financial center in Astana.

Nazarbayev drew the meeting participants’ attention to the fact that today the US companies are represented in almost all sectors of Kazakhstan’s economy, and urged the US side to assist the development of cooperation on a mutually beneficial ground.

The president also spoke in details about important tasks that Kazakhstan sets today for itself.

Those tasks, as the Kazakh president’s press service said, are the implementation of five institutional reforms, the actions to improve the investment climate, the denationalization of the economy, and the major infrastructure construction.

The meeting also paid particular attention to the forthcoming EXPO 2017 and the creation of an international financial center in Astana as part of it.

President Nazarbayev said he is confident that the US companies will actively participate in these projects.

The businessmen, who also addressed the meeting, praised Kazakhstan’s efforts to increase its investment attractiveness and strengthen the legal, institutional and infrastructural bases for its further development.

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