Kazakhstan, France expanding trade and economic cooperation
Kazakhstan and France are expanding trade and economic cooperation. Among the priorities are construction industry, manufacturing, digital technologies, consulting services. Kazakh-French Business Council participants discussed business cooperation prospects in Astana. Representatives of "Atameken" National Chamber of Entrepreneurs say France takes the third place in the volume of direct investments in Kazakhstan. In total, the French economy invested about $11.5 billion in Kazakhstan’s economy over the past ten years. There are nearly 130 enterprises with participation of French capital operating in Kazakhstan. Trade turnover between the two countries exceeded one billion dollars last year.
YVES-LOUIS DARRICARRERE, CO-CHAIRMAN, KAZAKH-FRENCH BUSINESS COUNCIL:
- We buy oil, metal and chemical products from Kazakhstan. We want to add agricultural products into the list of imported goods. French companies are interested in doing business in Kazakhstan. There are ready-made projects and programs that only need to be implemented.
NURZHAN ALTAYEV, DEPUTY CHAIRMAN, ‘ATAMEKEN’ NATIONAL CHAMBER OF ENTREPRENEURS:
- French businessmen will arrive in Kazakhstan in the summer. They are mainly representatives of agricultural processing companies. Kazakhstan is interested in adopting France’s experience in utilizing and developing new technologies. This will help to make our products more competitive and enter the world markets, including China.
The Kazakh-French Business Council was found in 2008. Its goal is to strengthen relations between the French private sector and the Kazakh business, create conditions for expanded cooperation and facilitate the implementation of joint projects.