Kazakh-French political and economic cooperation is gaining momentum. Trade between Kazakhstan and France totaled three billion dollars in 2017 compared to 2.5 billion dollars in 2016. In 2017, Kazakhstan’s export to France totaled three billion dollars. France has invested almost fourteen billion dollars in Kazakhstan’s economy.

ZHENIS KASSYMBEK, KAZAKH MINISTER FOR INVESTMENTS AND DEVELOPMENT:

- France is one of the top five investors in Kazakhstan. There are over 40 French companies based here. These large companies are involved in industries such as oil and gas, machine-building, aviation and others. The French businesses expressed their willingness to invest more in Kazakhstan.  

Kazakh and French businesses will soon launch several new projects in Kazakhstan. The two countries are planning to build new shopping centers with international brands stores, and to strengthen activities in the transportation industry. Some corporations are interested in the development of renewable energy sector, with particular focus on solar energy. The management of Eurocopter plans to cooperate with their Kazakh colleagues in the space industry.

YERLAN KHAIROV, CHAIRMAN, KAZAKH INVESTMENT COMMITTEE:

- Our partners in Eurocopter have identified three areas of cooperation, such as helicopter flight training programs, military defense industry and enhancement of scientific cooperation in the space field.

Kazakh and French businesses are strengthening cooperation in trade and transportation, energy and petrochemical industry, manufacturing of agricultural products and mining industry, civil aviation and tourism, standardization and other areas. Over 140 enterprises with French capital involvement successfully operate in Kazakhstan.

MUNIRA ARTYKBEKOVA, DIRECTOR GENERAL, FRANCE-KAZAKHSTAN CHAMBER OF COMMERCE AND INDUSTRY:

-Today’s meeting demonstrated a good level of cooperation between French businesses and the Kazakh government. The main goals are strengthening of trade and economic relations between the two countries and promotion of business participation in education field and the Digital Kazakhstan program.

Kazakh and French officials discussed the aspects of technological modernization, digital transformation and innovative development. The two parties have also established successful cooperation in the cultural and educational fields.

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