Customs Union improved Kazakhstan's investment attractiveness
17:58, 25 June 2014
TASHKENT. KAZINFORM - The decision on signing of the Eurasian Economic Union Treaty was made after careful analysis of work in the conditions of the Customs Union (CU) and the Single Economic Space, Kazakh Ambassador in Uzbekistan Boribai Zheksembin revealed at a press briefing in Tashkent.
Increase in turnover between Kazakhstan, Russia and Belarus amounted to 18.4% in 2010-2013. Kazakhstan's exports to partner-countries soared by 62.7%," the Kazakh diplomat said. "Since CU's establishment volume of international investments into manufacturing industry of Kazakhstan more than doubled from $1.8 billion in 2009 to $3.4 billion in 2012. In general, Kazakhstan has seen a 34% increase in volume of direct international investments that reached $28.8 billion. It proves that Kazakhstan's investment attractiveness has improved significantly," Mr. Zheksembin stressed.