Kazakhstan, U.S. discuss prospects for investment cooperation

Photo: Kazakhstan, U.S. discuss prospects for investment cooperation
 / Kazakhstan

Astana, Kazakhstan, Feb. 10

By Daniar Mukhtarov - Trend:

Kazakhstan's Economy and Budget Planning Minister, Erbolat Dossaev and the U.S. Charge d'Affaires, John Ordway discussed the prospects of investment cooperation, according to a message from the Economy and Budget Planning Ministry.

"The parties exchanged views on the prospects for development of investment cooperation between Kazakhstan and the U.S. and discussed the agenda of upcoming meetings of the Council on the improvement of the investment climate in Kazakhstan," the ministry said.

The American Chamber of Commerce in Kazakhstan has submitted questions of local content for discussion, as well as those regarding work permits, customs and tax issues and measures on combating corruption, according to the message.

Between January and December 2013, trade turnover between Kazakhstan and the U.S. totalled $2.75 billion, $394 million of which accounts for Kazakh exports, while $2.36 billion account for importts which is nine percent higher than the same period of 2012.

Translated by E.A.

Edited by S.M.

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