Direct Investments into Kazakhstan Increased by 16%

The European Union member countries are willing to invest in the economy of Kazakhstan. The excellent conditions for doing business and tax benefits that were created attract the investments of foreign investors.

The results of cooperation for the first 9 months of 2019 were announced at the IV EU-Kazakhstan High-Level Business Platform meeting. Direct investments from the European countries into Kazakhstan have increased by almost 16% during the nine-month period, which amounted to nearly US$8.7 billion.

Prime Minister of Kazakhstan, Askar Mamin called on the foreign diplomats for further open and active dialogue. The parties also discussed the agenda of the upcoming meeting of the Dialogue on Investment Cooperation between Kazakhstan and the EU that will be held in April. The meeting will discuss Kazakhstan’s transition to a green economy as well as the preparations for the 12th World Trade Organization Ministerial Conference.