One of the main factors of economic growth is due to the higher foreign direct investments.
German entrepreneurs have supported the state-of-the-nation of the President of Kazakhstan.
Comprehensive development of the agricultural sector is one of the priority areas of the state.
The raw materials are supplied both from the local farmers and also from Akmola and Kostanai regions.
Experts forecasted that the bilateral trade turnover between the countries would be increased.
The manufacturing of the new type of cheese is possible due to the 42 million state subsidies.
Currently, the grain is being harvested in all regions in the country.
The area of irrigated land in Kyzylorda region is planned to be increased to 300,000 hectares by 2022.
Entrepreneurs are both supported and accompanied starting from the idea stage until the realization of a project.
Kassym-Jomart Tokayev has instructed to temporarily eliminate a tax on small and medium-sized enterprises for three years.
Trade between Kazakhstan and Uzbekistan is planned to reach US$4 billion by the end of the year.
Beginning January of next year, small and medium-sized enterprises will be exempted from three-year auditing.
Corresponding amendments to the legislation should come into effect from 2020.
Experts emphasize that the SEZ projects can be of any scale.
The law will take effect starting in 2020.
The Kazakh Finance Ministry has submitted a draft Law on the Republican Budget for 2020 until 2022.
The partnership between the two countries is expanding in all areas.
Last year, the European country invested more than US$ 7.4 billion in Kazakhstan.
The two countries plan to cooperate in areas of transport, renewable energy, and digital transformation.
Profits from the bonds will be distributed to support environmental projects.