EU interested in attracting Kazakh investments
Azerbaijan, Baku, Oct. 1/ Trend/
The European Union is interested in attracting Kazakh investments to purchase Eurobonds and other debt instruments of European Financial Stability Facility (EFSF) backed by the guarantees of eurozone states, Kazinform reported.
This was announced by EFSF Chief Executive Officer Klaus Regling yesterday during his meeting with Kazakh Ambassador to Belgium and Luxembourg, Head of the Kazakh Mission to EU and NATO Yerik Utembayev.
The issues of cooperation in confronting the global financial and economic challenges were the main theme of discussions. The sides exchanged the views to establish cooperation between EFSF and the relevant agencies in Kazakhstan.
Regling mentioned about EFSF high credit ratings - "AAA" by Standard & Poor's, Fitch Ratings and "AAA" by Moody's.
Utembayev described the main provisions of Kazakhstan's policy on financial sector regulation.
On behalf of EFSF Regling expressed readiness to establish cooperation with Kazakh National Bank, National Welfare Fund 'Samruk-Kazyna' and pension funds.
He accepted the invitation to participate in the V Astana Economic Forum scheduled for May 2012.
Edited by E.Ostapenko