Kazakhstan's entry into WTO to result in higher prices on energy products: Deutsche Bank
13:28, 27 September 2012
ASTANA. September 27. KAZINFORM Kazakhstan's accession to the World Trade Organization (WTO) will result in higher prices on energy products and improved conditions for agricultural products export at the same time.
Peter Tiels, Chief Executive Officer for Central and Eastern Europe of Deutsche Bank AG, voiced his opinion at the 2nd session of the Berlin Eurasian Club titled The Eurasian Economic Integration: Prospects and Challenges for Kazakhstan and the EU at the Gumilyov Eurasian National University in Astana.
"From the banking perspective Kazakhstan improves the overall situation and meets all requirements. I hope we will be able to solve the existing problems. The Kazakh-German Business Council also pays attention to this issue," P. Tiels said.
According to the German banking expert, Kazakhstan's entry into the WTO will improve conditions of agricultural products export and foreign capital investment in Kazakhstan.