Kazakh Vice PM Kelimbetov attends CIS economic forum in St Petersburg

Vice Prime Minister of Kazakhstan Kairat Kelimbetov has said addressing a round table within the St Petersburg International Economic Forum (SPIEF) that has kicked off in the Northern Russian capital today.

In his words, the process of globalization has changed the world for the better; global economy has progressed dramatically.

Speaking of the Eurasian Economic Union, Mr. Kelimbetov noted it is based on the world's best practices that have been collected and are used by three countries - Kazakhstan, Russia and Belarus.

"Recently we've been busy exploring the EU experience. It is interesting to see how this union transforms and redevelops, what positive and negative trends occur, what solutions are suggested," he said.

St Petersburg International Economic Forum was first held in 1997. In 2001 it received an official status of the CIS main economic forum. SPIEF is an annual event held under the auspices and with the participation of the President of Russia.