Kazakh Ambassador To Georgia Calls On Local Businessmen To Open Joint Ventures In Kazakhstan
Date
4/22/2023 8:04:34 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 22. Ambassador of Kazakhstan to Georgia, Malik Murzalin, participating
at the meeting of the Kazakh-Georgian Economic Union, called on the
members of the Union to open joint ventures in Kazakhstan, trend reports via the
Ministry of Foreign Affairs of Kazakhstan.
The ambassador also spoke about the economic potential
of Kazakhstan, government measures to improve the business and
investment climate, and social and economic reforms carried out in
the country.
Along with creating joint ventures, he called on
Georgian businessmen to make business trips to the country's
regions in order to develop regional cooperation.
Additionally, the ambassador gave detailed information
about the goals and mission of the Astana International Forum to be
held on June 8-9, 2023.
In turn, the members of the Kazakh-Georgian Economic
Union expressed interest in the promotion of trade and economic
relations between the two countries through the effective use of
Kazakhstan's investment, export, and tourism opportunities.
They highly appreciated the positive transformations
carried out in Kazakhstan, noting that their implementation will
give a new impetus to mutually beneficial areas of bilateral
relations, and expressed their readiness to contribute to the
advancement and recognition of Kazakhstan's reforms and
initiatives.
The Kazakh-Georgian Economic Union was established by
Kazakh companies operating in Georgia and the local business
community. Its main mission is to contribute to investment and
trade cooperation between the countries.
Kazakhstan-Georgia trade turnover reached $600 million
in 2022, a 7-fold increase over the previous year. In Kazakhstan,
there are 248 legal entities, branches, and representative offices
with a share of the Georgian capital, whereas in Georgia, there are
123 legal entities, branches, and representative offices with a
share of Kazakh capital. They primarily work in tourism, hotel
management, logistics, real estate, and construction.
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