Customs Union will open new opportunities for investors, Nazarbayev

KOSTANAY. June 12. KAZINFORM /Muratbek Makulbekov/ ?The analysis of the global trends shows that investors all over the world seek new spheres where they might use their capital?, President Nursultan Nazarbayev said at today's XXI plenary session of the Foreign Investors Council.

photo: QAZINFORM
?There are such spheres in Kazakhstan. We have attractive basic sectors of the economy, such as the agriculture, and we have potential for new sectors, such as renewable energy. In this regard, we should use the changes in investors? interests and our opportunities in the traditional and new sectors of the economy?, the President said. According to him, investors will get new opportunities as a result of formation of the common Customs Union between Kazakhstan, Russian and Belarus. ?We are creating a common market with the population over 170 million people and total GDP up to USD 2 trln upon the results of 2008. As of July 1, 2010 customs clearance of goods will no longer exist between three countries?, the Head of the State said, noting that this will make the market more attractive for investors. The President ordered to activate attraction of direct investments. ?This will create a more balanced and stable structure of the capital in the economy, and decrease the risks connected with predominance of debt capital?, N.Nazarbayev said.