Kazakhstan's model based on integration into world market processes and development of strong innovation economy -President of Kazakhstan

BOAO. April 7. KAZINFORM "Kazakhstan's model is based on integration into the world market processes and development of strong economy of innovation type," President of Kazakhstan has announced today at the opening of the Boao Forum for Asia.
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At the beginning of his speech, the Head of State said that the importance of the Forum ass enhanced by the fact that Asia is of particular has been moved here, which sets the tone for the world market "I am convinced that the next step will be the establishment of Asia as a key source of ideas and world development. Building trust among Asian countries is the key to meaningful progress in addressing global challenges", Nursultan Nazarbayev said.

Thanks to the stable political situation, effective anti-crisis measures, Kazakhstan kept a high growth rate and low unemployment during the crisis. Since the 20 years of independence the economy increased by 16 times; in the last Kazakhstan's GDP was 6% last year, at that the unemployment did not exceed 6%. Gross international reserves reached USD 90 billion.

"Kazakhstan is upgrading high-tech industries. This is a project in the field of green technology, alternative energy and energy conservation. We took on the deep processing of oil and gas resources that our country is rich for, fertilizers, non-ferrous metals, logistics and other industries," said the President.

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