Spain invested more than $ 170 mln in Kazakhstan

"Minister recalled that trade turnover between the two countries in 2013 amounted to USD 2.4 billion, which is 2.4 times higher than in 2012. Inflow of direct investment from Spain to Kazakhstan from 2005 to 2013 amounted to more than USD 170 million, and the amount of Kazakh investments in Spain during the same period reached USD 10 million", the statement reads . The Minister noted that Kazakhstan has developed a new package of innovations for investors including the granting of rights to attract foreign labor for the duration of the investment project, the establishment of a visa-free regime for citizens of most developed countries in a period of stay equaled to 90 days, the provision of investor visas to heads of structural units of foreign companies.