(MENAFN- AzerNews) Belgium Business Council took place on June 5 bringing together
high-ranking representatives of business communities of Kazakhstan
and Belgium, and diplomatic missions of the two nations, Azernews
reports, citing Kazinform.
The Astana meeting became an important platform for debating
common interests and strengthening constructive cooperation between
Kazakhstan and Belgium.
Baiterek Holding CEO Kanat Sharlapayev expressed full support
and assistance to Belgian companies considering doing business in
Kazakhstan. As of today there are over 70 enterprises in Kazakhstan
with the participation of Belgian capital, including large
companies such as Solvay Chemicals International SA, Sarens Group,
and Evolion. He expressed hope that new companies interested in
doing business in Kazakhstan will enter the country's market.
The gross inflow of direct investments of Belgium in Kazakhstan
in 2021 made 1.560 billion US dollars, between 2005-2023 the volume
of investments reached 11.52 billion US dollars. Belgium is an
important trade partner of Kazakhstan in the EU and a significant
source of investments and new technologies. In 2022 the sales
between the nations hit 514.5 million US dollars which is 23% more
as compared to the previous year.
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