25th anniversary of Kazakh-British diplomatic relations

25th anniversary of Kazakh-British diplomatic relations

Gross direct investments from the United Kingdom to Kazakhstan in 10 years between 2005 and 2015 totaled $12 billion. The UK is Kazakhstan’s sixth largest investor. Kazakhstan and the United Kingdom continue strengthening cooperation and increasing trade turnover. Last year, bilateral trade made up more than $1 billion.

 

Yerzhan KAZYKHANOV, KAZAKH AMBASSADOR TO UK:

The United Kingdom is one of the major investors in Kazakhstan’s economy. British expertise, British technologies and British experience certainly pose a great interest for us. At present we are moving to a new cooperation level.

 

The secret of such high interest to Kazakhstan is obvious. As experts say, creation of favorable conditions for foreign investors contributes to active participation of British capital in modernization of Kazakhstan’s economy.

 

Olivier DESCAMPS, INDEPENDENT DIRECTOR, SAMRUK-KAZYNA JSC:

Country itself has been undergoing a dramatic change. One of the high managers of the economy wants to invite foreign investors by creating business climate, rules, regulations and protection of appropriate rights.

 

This year, Kazakhstan and the UK mark 25 years of bilateral diplomatic relations. The diplomatic relations between the two countries were established a month later after Kazakhstan gained its independence. At present, the two countries reached a high level of strategic partnership. This footage was taken when Nursultan Nazarbayev paid visit to England last year. Bilateral meetings between the Kazakh President and the high representatives of the UK government were held then. President Nazarbayev’s visit to London gave a strong impetus to the development of Kazakh- British relations. The visit resulted in conclusion of dozens of contracts worth $13 billion and a number of agreements on providing mutual assistance in public administration and establishment of Astana Financial Center.

 

Carolyn BROWNE, BRITISH AMBASSADOR TO KAZAKHSTAN:

Prime Minister David Cameron made the first ever visit while any British Prime Minister to Kazakhstan. He went to Atyrau and he went to Astana in 2013 and we were delighted to welcome President Nazarbayev to London last November. So I think that tells you something about the dynamism in these bilateral relations.

 

A lot has been done over 25 years of diplomatic relations and there is still long way to go. The new UK government headed by Theresa May, who met with President Nazarbayev in September at G20 Summit, emphasizes that Kazakhstan is an important strategic partner in the region.