President • 29 November, 2019

K.Tokayev holds a meeting with representatives of French business

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It is reported by press service of Akorda. 

Kassym-Jomart Tokayev noted that France is one of the key partners of Kazakhstan within the European Union, and our country pays great attention to the development of bilateral cooperation.

- Regular contacts at the highest level also speak about the high level of relations between the two states. We expect that the upcoming visit of President Emmanuel Macron to Kazakhstan will give a new impetus to bilateral cooperation,- the Head of state said.

Currently, there are more than 160 companies with French capital in Kazakhstan, including such large TNCs as Orano, Alstom, Air Liquide, Airbus and others. The trade turnover between the countries in 2018 increased by 32% and amounted to $4.5 billion.

- I think this is a very good indicator, however, we should all strive to constantly improve it. Positive dynamics is maintained in the current year. For 9 months, the trade turnover increased by 5.5% and amounted to 3.4 billion dollars. In general, the total volume of French investments in the economy of Kazakhstan in various spheres is about 16 billion dollars ,- the President said.

Kassym-Jomart Tokayev stressed that Kazakhstan has provided conditions for successful business, implemented systemic reforms aimed at improving the business climate, reducing barriers and increasing the investment attractiveness of the country.

The President drew the attention of French businessmen to a wide range of areas for expanding cooperation and invited them to partner in the implementation of joint projects in the agricultural sector and other sectors of the economy.

- Kazakhstan has wide opportunities in the production of competitive agricultural products. Our country has 25 million hectares of arable land and more than 186 million hectares of pastures. These are huge resources and reserves. Geographically, we are close to the Chinese, European, middle Eastern and Indian markets, which have a large capacity and good solvency,- the Head of state shared the prospects of cooperation.

The importance of cooperation in the field of innovation and digital economy was noted in the speech. Kassym-Jomart Tokayev also called to expand cooperation in the financial sector and participation in the work of the Astana International Financial Centre (AIFC).

- There are innovation clusters in the country, such as Nazarbayev University and the Park of innovative technologies. "Astana Hub" International Hub for IT Startups was opened. We are ready to create the most favorable conditions for the introduction of French innovations and technologies in Kazakhstan, - the President stressed.

Focusing on the development of transit and transport infrastructure of the country, the Head of state said that important international corridors connecting Asia and Europe pass through Kazakhstan, the program "Nurly Zhol" is implemented, which is organically interfaced with the global initiative of China "One belt, One road". In addition, in order to expand the transport and tourism potential, an open skies regime was introduced for the country's leading airports

- I decided to open the sky over Kazakhstan. This regime has been introduced in 11 airports, and proper competition will be organized between all aviation companies, including Kazakh ones. Of course, this will have a beneficial effect on the aviation capabilities of our country in terms of not only the transportation of passengers, but also the organization of cargo flows between Kazakhstan and Europe, - said Kassym-Jomart Tokayev.

The President also confirmed the interest of our country in studying and implementing the successful French experience in the field of tourism and stated his readiness to receive tourists from France in Kazakhstan.

In turn, Co-Chairman of the Kazakh-French business Council Yves-Louis Darricarrere noted the desire of investors to develop joint projects.

- I want to emphasize the desire of French companies to develop cooperation with Kazakh enterprises on a long-term basis. They hope to develop additional projects, they are really determined to work with the Kazakh authorities, - said Yves-Louis Darricarrere.

At the end of the meeting Kassym-Jomart Tokayev expressed confidence that this event will contribute to the strengthening of Kazakh-French relations, will be the beginning of new mutually beneficial projects.

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