The EEU key advantages are...

ASTANA. KAZINFORM At today's briefing Kazakh Senate deputy Akhan Bizhanov outlined the key advantages of the formation of the Eurasian Economic Union (EEU).
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"The EEU will give a potent impetus to Kazakhstan's investment attractiveness. It is noteworthy, our country according to the foreign experts and reality has significant advantages due to its more attractive conditions for doing business," he said. "Gross inflow of direct investments into Kazakhstan made above USD 24 bln in 2013. All this bespeaks for integrating our efforts to ensure modernization of the national economies and raising their competitive strength in the world markets," he added. Another highlight is expanding opportunities of Kazakhstan's economy within the EEU. The nations will enjoy the common markets of oil and oil products, gas, electricity, pharmaceuticals and medical devices. The country's sales with Russia and Belarus are growing too. Last year it hit more than USD 20 bln. An immediate benefit is that the EEU will afford landlocked Kazakhstan access to transport and logistics and other pipeline systems of its member states. "Kazakhstan may also take advantages of its geostrategic position situated between the East and West to realize transport potential of the countries estimated now at USD 1 bln," he resumed.

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