Kazakhstan : NEW OPPORTUNITIES FOR INVESTMENTS

Size: px
Start display at page:

Download "Kazakhstan : NEW OPPORTUNITIES FOR INVESTMENTS"

Transcription

1 Kazakhstan : NEW OPPORTUNITIES FOR INVESTMENTS

2 Agenda I. Why Kazakhstan is attractive for investors? II. Investing in Kazakhstan III. Contact details

3 Why Kazakhstan is attractive for investors 1. Natural Resources Kazakhstan has the 6 th largest reserve of natural resources in the world

4 Why Kazakhstan is attractive for investors 2. Stable Macroeconomic Environment Kazakhstan's GDP, USD billion 132, , ,1 43,2 30, Kyrgyz Tajikistan Moldova Armenia Turkmenistan Uzbekistan Azerbaijan Belarus Kazakhstan Ukraine Russia GDP, 2009, USD billion Source: National Bank of RK

5 Why Kazakhstan is attractive for investors 2. Stable Macroeconomic Environment GDP per capita, 2009, USD Kyrgyz Republic Tajikistan Moldova Armenia Turkmenistan Uzbekistan Azerbaijan Belarus Kazakhstan Ukraine Russia

6 Why Kazakhstan is attractive for investors 3. Favorable business climate FDI records serve as an evidence of a favorable investment climate. Kazakhstan attracted more than 118 bln. US dollars if FDI since 1993.

7 Why Kazakhstan is attractive for investors? Investor Protection Country Strength of investor protection index (0-10) New Zealand 9.7 Kazakhstan 5.7 Russia 5.3 Tajikistan 5.3 Ukraine 4.7 Moldova 4.7 Source: National Bank of RK 7

8 Why Kazakhstan is attractive for investors? 3. Favorable business climate International ratings also serve as an evidence of a favorable investment climate Source: National Bank of RK

9 Why Kazakhstan is attractive for investors? 3. Proximity to Largest Regional Markets Kazakhstan is the continental bridge for goods that move from East and West, South to North. 3 out of 4 BRIC countries are located near Kazakhstan: Russia, China and India. Strategically located between European and Asian business centers Serves as a main transit zone in the region Provides 3 out of 4 Eurasian railways

10 Why Kazakhstan is attractive for investors? 3. Proximity to Largest Regional Markets

11 Why Kazakhstan is attractive for investors 3. Proximity to Largest Regional Markets West Europe West China км 10 days Sea route км days

12 Why Kazakhstan is attractive for investors? 5. Market capacity By entering the Customs Union, Kazakhstan creates for investors a more attractive market of 170 million people and opens up additional possibilities for effective investment projects Unified customs territory Uniform trade policy Uniforms customs code Free trade of goods within the customs area Free movement of goods, services, labor and capital

13 Kazakhstan, Russia and Belarus Customs Union from 2010 Russia Kazakhstan Belarus Market capacity around 170 mln. people Total GDP of almost $ 2 trillion U.S

14 Why Kazakhstan is attractive for investors? 6. Kazakhstan is reducing the negative impact of current deficiencies In 2010, the State program of accelerated industrial-innovative development for was adopted, which aims Infrastructure development Creation of new export-oriented high-tech manufacturing Strengthening of the national innovative system Improvement of professional skills of local labor State support (preference, privilege, co-financing etc) is granted to projects in priority sectors (non raw materials sector) in order to decrease the investors' expenses International National export Economic and investment Cooperation agency Committee

15 State program of accelerated industrialinnovative development for GOAL INDICATORS GDP grown up to 50% than in 2008 Ensure sustainable and balanced economic growth through diversification and competitive recovery. Increasing of labor productivity in manufacturing industry up to 50% and in some sectors up to 100% Increasing the share of non resource export up to 40% Decreasing energy intensity of GDP no less than 10% Increasing the share of innovative enterprises up to10% of active enterprises

16 Priority sectors of economy Traditional Mining and Metallurgical Complex Nuclear industry Based on domestic demand Machinery Construction industry Export-oriented Agro-industrial complex Light industry Chemical industry Petrochemicals Pharmaceuticals Tourism Sectors of «the future economy» Information and Communication Technology Space activities Biotechnology Alternative Energy

17 Investing in Kazakhstan State Support 1. Foreign Investment Protection Guarantees Kazakhstan has signed agreements on mutual investment protection with 44 countries

18 Investing in Kazakhstan State Support 1. Foreign Investment Protection Guarantees In order to reduce investment risk and guarantee protection to foreign investments, foreign investors are given national status (foreign and domestic companies work under equal conditions) The Foreign investors Council chaired by the President of the Republic of Kazakhstan was established in 1998, 30th of June Purpose: promotion of direct dialogue between the Government of Kazakhstan and foreign investors in order to efficiently address key issues related to their investment activities in the country Council meetings address issues critical to the development of the country s economy, investor protection and investment climate. The Council consists of 29 foreign companies.

19 MAIN INSTRUMENTS OF INVESTOR SUPPORT Economic incentives for investors Institutional Support Special Economic Zones Investment Preferences Special Permanent Commission on Foreign Investment headed by Prime Minister of Kazakhstan: «OMBUDSMEN» for Investors Service support for investors National Export and Investments Promotion Agency: ONE STOP-SHOP for Investors 19

20 Investment preferences Recipients of preferences: Types of preferences: Potential and current investors Exemption from customs duties of imported equipment and its components for investment project implementation Tax incentives for investors Granting of the state natural grants value of the objects of preferences and (or) the following costs for the modernization and reconstruction can relate to deductions. Terms of preferences: Priority sectors of the economy

21 Investing in Kazakhstan State Support Privileges for Members of Special Economic Zones Today, there are 6 Special Economic Zones (SEZ) in Kazakhstan

22 Investing in Kazakhstan State Support Privileges for Members of Special Economic Zones The members of SEZ enjoy the following privileges: Corporate income tax exemption Customs-free policy VAT exemption on goods and services given on SEZ territories, made or consumed in activities related to SEZ creation 0% to the mid-year cost of taxable objects when calculating property tax 40% in the marginal rate of depreciation used for IT software

23 Institutional Support for Investors KAZNEXINVEST Government of Kazakhstan (ministries, agencies etc. Foreign economic policy Department Embassy of Kazakhstan Investor

24 ONE STOP-SHOP SERVICES FOR FOREIGN INVESTORS Information on investment projects Information on investment opportunities and business conditions Assistance in a choice of projects and partners Assistance in reception of measures for state support Assistance in making decisions on administrative questions Organization of meetings with official representatives

25 National investment interactive website Niche investment projects_eng.doc Website will be available in 12 languages: English, German, French, Italian, Spanish, Arabic, Korean, Japanese, Turkish, Kazakh and Russian. 25

26 More information Website includes information on : Processing of requests and inquiries of investors and initiators of the projects online Provision of quality and daily updated information on all aspects of investing in Kazakhstan, including: Investment legislation of the Republic of Kazakhstan; Business conditions in Kazakhstan; Infrastructure conditions; Government programs; Government support for investors and others. The list of investment projects 26

27 For further information: 1. Contact the Embassy of the Republic of Kazakhstan 2. Visit our website 3. Necessary information for investing in Kazakhstan visit 27

Content. I. Kazakhstan General Information. South Kazakhstan Region. Priority Sectors. Existing Regimes. V. Key Projects

Content. I. Kazakhstan General Information. South Kazakhstan Region. Priority Sectors. Existing Regimes. V. Key Projects Content I. Kazakhstan General Information II. III. IV. South Kazakhstan Region Priority Sectors Existing Regimes V. Key Projects KAZAKHSTAN - HEART OF EURASIA Types of transportation Specification Types

More information

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM

INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up

More information

Customs Guide. Kazakhstan Elements for success

Customs Guide. Kazakhstan Elements for success Customs Guide. Kazakhstan Elements for success Tax & Legal Overview Generally speaking, imports into and exports from Kazakhstan fall under the authority of the Ministry of Finance s State Revenue Committee.

More information

Kazakhstan in new global reality: growth, reforms, development The message of the President of the Republic of Kazakhstan of November 30, 2015

Kazakhstan in new global reality: growth, reforms, development The message of the President of the Republic of Kazakhstan of November 30, 2015 It is necessary to use public-private partnership mechanisms to "unload" budgetary expenses more actively. It is necessary to develop additional measures for encouragement of private investments into priority

More information

Tajikistan: Opportunities for Investment

Tajikistan: Opportunities for Investment Tajikistan: Opportunities for Investment Hakim Kenjaev, Head of analyses of Investment agreements and projects Division of the State Committee on Investments and State Property Management of the Republic

More information

Role of Business Associations in Improving Business Performance

Role of Business Associations in Improving Business Performance COMPETITIVENESS THROUGH PUBLIC-PRIVATE PARTNERSHIP: SUCCESSES AND LESSONS LEARNED. Role of Business Associations in Improving Business Performance (with reference to the Belarussian Union of Entrepreneurs

More information

Turkish Business and Investment Environment. Turkey-Greece Business Council.

Turkish Business and Investment Environment. Turkey-Greece Business Council. Turkish Business and Investment Environment Turkey-Greece Business Council www.companyname.com 2016 Jetfabrik Turkish Greek Multipurpose Business Theme. Council All Rights Reserved. Successful Economy

More information

Investment opportunities in Kazakhstan s mining sector. National Mining Company Tau-Ken Samruk JSC

Investment opportunities in Kazakhstan s mining sector. National Mining Company Tau-Ken Samruk JSC Investment opportunities in Kazakhstan s mining sector National Mining Company Tau-Ken Samruk JSC Macroeconomic overview The economy of Kazakhstan is the largest economy in Central Asia and one of the

More information

MINISTRY OF TRANSPORT AND COMMUNICATIONS OF THE REPUBLIC OF KAZAKHSTAN

MINISTRY OF TRANSPORT AND COMMUNICATIONS OF THE REPUBLIC OF KAZAKHSTAN MINISTRY OF TRANSPORT AND COMMUNICATIONS OF THE REPUBLIC OF KAZAKHSTAN Conference «On prospects for development of Trans-Asian and Eurasian transit transportation through Central Asia until year 2015»

More information

The impact of Common Economic Space on the economy of Russia, Kazakhstan and Belarus: results and prospects

The impact of Common Economic Space on the economy of Russia, Kazakhstan and Belarus: results and prospects The impact of Common Economic Space on the economy of Russia, Kazakhstan and Belarus: results and prospects Rating-Agentur Expert RA GmbH Mainzer Landstrasse 49, 6329 Frankfurt am Main info@raexpert.eu

More information

National Welfare Fund Samruk-Kazyna in mining and metals in Kazakhstan. Astana July 2012

National Welfare Fund Samruk-Kazyna in mining and metals in Kazakhstan. Astana July 2012 National Welfare Fund Samruk-Kazyna in mining and metals in Kazakhstan. Astana July 2012 National Welfare Fund Samruk-Kazyna Decree of President National Welfare Fund Samruk-Kazyna was founded in accordance

More information

The Impact of the Oil Price Fluctuations on the Agrarian Policy in Azerbaijan Dr.Elchin Suleymanov Qafqaz University Azerbaijan

The Impact of the Oil Price Fluctuations on the Agrarian Policy in Azerbaijan Dr.Elchin Suleymanov Qafqaz University Azerbaijan Regional and International Cooperation in Central Asia and South Caucasus: Recent Developments in Agricultural Trade" 2-4 November 2016 Samarkand, Uzbekistan The Impact of the Oil Price Fluctuations on

More information

Contents C O N T E N T S. Page. Introduction... 4

Contents C O N T E N T S. Page. Introduction... 4 C O N T E N T S Introduction... 4 STATISTICS OF STATE FINANCE Revenue of consolidated budgets... 19 Dynamics of revenue of consolidated budgets... 20 Expenditure of consolidated budgets... 21 Dynamics

More information

Economic contraction and food insecurity in the post- Soviet region. David Sedik Food and Agriculture Organization of the UN

Economic contraction and food insecurity in the post- Soviet region. David Sedik Food and Agriculture Organization of the UN Economic contraction and food insecurity in the post- Soviet region David Sedik Food and Agriculture Organization of the UN Outline Food insecurity Main macroeconomic shock Exchange rates Expected spillover

More information

ECO Statistical Report (ECO Socio-economic Indicators)

ECO Statistical Report (ECO Socio-economic Indicators) ECO Statistical Report 2015 (ECO Socio-economic Indicators) 2 ECO Statistical Report 2015 ECO Statistical Report 2015 (ECO Socio-economic Indicators) April 2015 ECO Statistical Report 2015 3 ECO Statistical

More information

Dr. Antal Szabó, Regional Adviser on Entrepreneurship and SMEs UNECE 24 May 2005

Dr. Antal Szabó, Regional Adviser on Entrepreneurship and SMEs UNECE 24 May 2005 DEVELOPMENT OF ENTREPRENEURSHIP AND SMEs IN SEE & CITs Dr. Antal Szabó, Regional Adviser on Entrepreneurship and SMEs UNECE 24 May 2005 PART OF THE GENERAL ECONOMIC POLICY There is no unique way of elaborating

More information

Invest Saudi: Why? o The Saudi Economy. o Investor Benefits. o Investment Opportunities. o Competitiveness of Operating Environment for Business

Invest Saudi: Why? o The Saudi Economy. o Investor Benefits. o Investment Opportunities. o Competitiveness of Operating Environment for Business INVEST SAUDI Invest Saudi: Why? o The Saudi Economy o Investor Benefits o Investment Opportunities o Competitiveness of Operating Environment for Business Stable & Fast-growing Economy Data: Average 2008-2014

More information

Great Stone Industrial Park: Investment opportunities on Silk Road Economic Belt

Great Stone Industrial Park: Investment opportunities on Silk Road Economic Belt Great Stone Industrial Park: Investment opportunities on Silk Road Economic Belt A Key Element & Pearl of Silk Road Economic Belt Klaipeda RUSSIA EU 510 mln people EAEU 183 mln people China 1.3 bln people

More information

South Africa: What Opportunities. Turin 26 November, 2015

South Africa: What Opportunities. Turin 26 November, 2015 South Africa: What Opportunities Turin 26 November, 2015 South Africa at a glance Area 1,22 million km 2 Population 54 million of which 80.2% Africans, 8.8% Coloured, 8.4% White and 2.5% Indian Head of

More information

A New Economic Climate : Foreign Investment. Law and Other Incentives

A New Economic Climate : Foreign Investment. Law and Other Incentives A New Economic Climate : Foreign Investment Law and Other Incentives Aung Naing Oo Director General Directorate of Investment and Company Administration Outline 1 Myanmar in Brief 2 3 4 5 Mode of Doing

More information

Business Opportunities in Uzbekistan UZINFOINVEST AGENCY MINISTRY FOR FOREIGN ECONOMIC RELATIONS, INVESTMENTS AND TRADE OF THE REPUBLIC OF UZBEKISTAN

Business Opportunities in Uzbekistan UZINFOINVEST AGENCY MINISTRY FOR FOREIGN ECONOMIC RELATIONS, INVESTMENTS AND TRADE OF THE REPUBLIC OF UZBEKISTAN Business Opportunities in Uzbekistan UZINFOINVEST AGENCY MINISTRY FOR FOREIGN ECONOMIC RELATIONS, INVESTMENTS AND TRADE OF THE REPUBLIC OF UZBEKISTAN Sound Legal Base Main Laws regulating investment activity

More information

TAX INCENTIVES TO ENHANCE INVESTMENT GROWTH Sixth IMF-Japan High-Level Tax Conference For Asian Countries in Tokyo

TAX INCENTIVES TO ENHANCE INVESTMENT GROWTH Sixth IMF-Japan High-Level Tax Conference For Asian Countries in Tokyo TAX INCENTIVES TO ENHANCE INVESTMENT GROWTH Sixth IMF-Japan High-Level Tax Conference For Asian Countries in Tokyo 7 th April 2015 Presented by: ASTERA PRIMANTO BHAKTI Assistant Minister for State Revenue

More information

World Bank Activities in Kazakhstan

World Bank Activities in Kazakhstan World Bank Activities in Kazakhstan Historically, the World Bank is one of the major sources of external assistance to Kazakhstan. Since July 1992 the Bank has provided 32 loans to Kazakhstan for the total

More information

Regional energy policy reviews Caspian and Black Sea regions. Thea Khitarishvili Office of the Global Energy Policy Paris, 7 April 2014

Regional energy policy reviews Caspian and Black Sea regions. Thea Khitarishvili Office of the Global Energy Policy Paris, 7 April 2014 Regional energy policy reviews Caspian and Black Sea regions Thea Khitarishvili Office of the Global Energy Policy Paris, 7 April 2014 Regional energy policy reviews Can regions be reviewed? Regional similarities

More information

Botswana s Competitive Business Advantage. Meshack Tshekedi, Chief Operations Officer February 2016

Botswana s Competitive Business Advantage. Meshack Tshekedi, Chief Operations Officer February 2016 Botswana s Competitive Business Advantage Meshack Tshekedi, Chief Operations Officer February 2016 Contents Introduction to Botswana, Macro-economic data Botswana s Competitiveness Strengths Pertinent

More information

BUSINESS PROGRAMME FOR THE SOCHI INTERNATIONAL INVESTMENT FORUM 2016

BUSINESS PROGRAMME FOR THE SOCHI INTERNATIONAL INVESTMENT FORUM 2016 BUSINESS PROGRAMME FOR THE SOCHI INTERNATIONAL INVESTMENT FORUM 2016 September 29 October 2, 2016, Sochi Plenary session A NEW POLITICAL CYCLE: THE ECONOMIC DEVELOPMENT AGENDA Address by Prime Minister

More information

G8 Deauville Partnership Investment Conference

G8 Deauville Partnership Investment Conference Ministry of Industry, Trade and Supply Speech for H.E. Eng. Maha Ali Secretary General G8 Deauville Partnership Investment Conference Opportunities and Overcoming Challenges in Arab Countries in Transition

More information

China-Cambodia Business and Investment Seminar

China-Cambodia Business and Investment Seminar China-Cambodia Business and Investment Seminar Private Investment in Cambodia Presented by : Chea Vuthy Deputy Secretary General; Cambodian Special Economic Zone Board Council for the Development of Cambodia

More information

THE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation

THE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation THE COUNTRY STRATEGY OF THE INTERNATIONAL INVESTMENT BANK for the Russian Federation (Main provisions) This country strategy for 2013-2015 has been drawn up as an elaboration of the Development Strategy

More information

Project "Promoting the advantages for investing in Bulgaria" Sofia February 14, 2013

Project Promoting the advantages for investing in Bulgaria Sofia February 14, 2013 Project "Promoting the advantages for investing in Bulgaria" Sofia February 14, 2013 Project "Promoting the advantages for investing in Bulgaria" consists of four main groups of activities Analysis Promotional

More information

Foreign A id and Foreign Investment

Foreign A id and Foreign Investment 13 Foreign A id and Foreign Investment Financial flows to developing countries take two main forms aid that comes from foreign governments, often called official development assistance, and investment

More information

FOREIGN DIRECT INVESTMENT IN BANGLADESH: A CRITICAL ANALYSIS

FOREIGN DIRECT INVESTMENT IN BANGLADESH: A CRITICAL ANALYSIS FOREIGN DIRECT INVESTMENT IN BANGLADESH: A CRITICAL ANALYSIS Dr. Md. Shah Alam Professor Department of Business Administration University of Asia Pacific Dhanmondi, Dhaka 1209, Bangladesh E-mail:shahmdalam@yahoo.com

More information

COUNTRY REPORT FOR TRADE SYSTEM IN CAMBODIA

COUNTRY REPORT FOR TRADE SYSTEM IN CAMBODIA COUNTRY REPORT FOR TRADE SYSTEM IN CAMBODIA International Workshop on Country Practices in Compilation of International Merchandise Trade Statistics, 12-15 December 2006, Bangkok By Khin Sovorlak Welcome

More information

PRESENTATION ON THE CONTRIBUTION OF FOREIGN DIRECT INVESTMENT TO THE LOCAL ECONOMY IN TANZANIA

PRESENTATION ON THE CONTRIBUTION OF FOREIGN DIRECT INVESTMENT TO THE LOCAL ECONOMY IN TANZANIA UNITED REPUBLIC OF TANZANIA TANZANIA INVESTMENT CENTRE (TIC) PRESENTATION ON THE CONTRIBUTION OF FOREIGN DIRECT INVESTMENT TO THE LOCAL ECONOMY IN TANZANIA Presented by: Mr. John Mathew Mnali, Ag. Director

More information

Incentives Awarded across Free Zones: Confirming the Transition to Free Zones of the Future?

Incentives Awarded across Free Zones: Confirming the Transition to Free Zones of the Future? Incentives Awarded across Free Zones: Confirming the Transition to Free Zones of the Future? By: Mr. Laurens Van der Schoor, Free Zones & Incentives Advisor, Investment Consulting Associates Ms. Amna Saleh,

More information

OECD EURASIA WEEK 2016

OECD EURASIA WEEK 2016 DRAFT AGENDA PRODUCTIVITY AND RESILIENCE IN EURASIA OECD EURASIA WEEK 2016 22-24 November 2016 OECD Conference Centre Paris, France #EurasiaWeek www.oecd.org/eurasia-week THE ORGANISATION FOR ECONOMIC

More information

COMPARATIVE ANALYSIS OF OPEN INNOVATION MANAGEMENT: FINNISH EXPERIENCE AND KAZAKHSTAN S PRACTICE. Aziza ZHUPAROVA 1

COMPARATIVE ANALYSIS OF OPEN INNOVATION MANAGEMENT: FINNISH EXPERIENCE AND KAZAKHSTAN S PRACTICE. Aziza ZHUPAROVA 1 COMPARATIVE ANALYSIS OF OPEN INNOVATION MANAGEMENT: FINNISH EXPERIENCE AND KAZAKHSTAN S PRACTICE Aziza ZHUPAROVA 1 ABSTRACT Object of research is a conceptual research of open innovation theory and analysis

More information

Regional Integration in the CIS-countries: suggestions from the experience of South America.

Regional Integration in the CIS-countries: suggestions from the experience of South America. Regional Integration in the CIS-countries: suggestions from the experience of South America. By Domingo Cavallo and Mariano Giachetti 1 The purpose of this presentation is to use the experience of the

More information

Distribution Channels in Export Promotion: Can the State Help?

Distribution Channels in Export Promotion: Can the State Help? GERMAN ECONOMIC TEAM IN BELARUS 76 Zakharova Str., 220088 Minsk, Belarus. Tel./fax: +375 (17) 294 1147, 294 4395 E-mail: research@ipm.by. Internet: http://research.by/ Distribution Channels in Export Promotion:

More information

2016 Special Investment Promotion Year

2016 Special Investment Promotion Year 2016 Special Investment Promotion Year The Year of Investment Opportunity 2016 1 Why should you invest in Thailand in 2016? New Investment Opportunities in Thailand Opportunities from AEC integration with

More information

Export control system and Dual-Use Expertise in the Republic of Azerbaijan

Export control system and Dual-Use Expertise in the Republic of Azerbaijan Export control system and Dual-Use Expertise in the Republic of Azerbaijan Deputy Director of the Institute of Radiation Problems of Azerbaijan National Academy of Sciences Dr. Ibrahim Gabulov Azerbaijan

More information

Chudamani Sharma. Director General, Inland Revenue Department, Nepal 7 th April, 2015

Chudamani Sharma. Director General, Inland Revenue Department, Nepal 7 th April, 2015 Chudamani Sharma Director General, Inland Revenue Department, Nepal 7 th April, 2015 Tax incentives policy Existing tax incentives Assessment of tax incentives Focus for future tax incentives Establishment

More information

How Latvia can be your business partner

How Latvia can be your business partner How Latvia can be your business partner As a thriving democracy, Latvia has consistently pursued liberal economic policies, and it welcomes investments that foster principles and benefits associated with

More information

EBRD. Business Advisory Services. Neil Taylor Budapest, 18 March 2011

EBRD. Business Advisory Services. Neil Taylor Budapest, 18 March 2011 EBRD Business Advisory Services Neil Taylor Budapest, 18 March 2011 1 EBRD BAS to date Established in 1995 and has since been active in 23 of the Bank s countries of operations 99m raised from 23 donors

More information

The Shanghai Cooperation Organization and energy cooperation: current status and development prospects

The Shanghai Cooperation Organization and energy cooperation: current status and development prospects The Shanghai Cooperation Organization and energy cooperation: current status and development prospects V.L. Likhachev Abstract - The article examines the state and prospects of energy cooperation within

More information

INCENTIVES FOR INVESTORS IN NORTHERN CYPRUS

INCENTIVES FOR INVESTORS IN NORTHERN CYPRUS INCENTIVES FOR INVESTORS IN NORTHERN CYPRUS Source: YAGA http://www.investinnorthcyprus.org/ The Primary Sectors in Northern Cyprus Tourism (specialized, non-seasonal or off-seasonal) Higher and Continuing

More information

Regional Trade and Trade 6 Integration in the CIS 1 Irina Gurova

Regional Trade and Trade 6 Integration in the CIS 1 Irina Gurova Irina Gurova Regional Trade and Trade Integration in the CIS Expanding Mutual Trade, Regional Trade and Trade 6 Integration in the CIS 1 Irina Gurova Having emerged from the disintegration of the Soviet

More information

Pharmaceutical Market Overview

Pharmaceutical Market Overview Strategy Operations Legal and Tax Pharmaceutical Market Overview Yerevan, 2014 2 So far, we have accomplished analytical reports in various fields, such as tourism development agriculture labor and social

More information

Project macroeconomic overview. Astana, 28 August 2015

Project macroeconomic overview. Astana, 28 August 2015 Project macroeconomic overview Astana, 28 August 2015 Kazakhstan General economic overview Kazakhstan is the largest economy in Central Asia and one of the fastest-developing economies in the CIS The main

More information

Developing the Eurasian Transportation Network Russian Railways Strategic Priorities for International Cooperation

Developing the Eurasian Transportation Network Russian Railways Strategic Priorities for International Cooperation Слайд 1 Developing the Eurasian Transportation Network Russian Railways Strategic Priorities for International Cooperation Sergei Stolyarov Russian Railways 18 th OSCE Economic and Environmental Forum

More information

Biomedical Industry of the Republic of Kazakhstan

Biomedical Industry of the Republic of Kazakhstan АО «Рейтинговое агентство Регионального финансового центра города Алматы» пр. Достык, 136, 9 этаж, офис 904, 050051 Алматы, Республика Казахстан Biomedical Industry of the Republic of Kazakhstan Research

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY 1

SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Country Partnership Strategy: Kazakhstan 2012 2016 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Overview. Oil accounts for about a quarter

More information

The Implications of EU Enlargement for the Non- Accession Transition Countries

The Implications of EU Enlargement for the Non- Accession Transition Countries The Implications of EU Enlargement for the Non- Accession Transition Countries Presented by Rumen Dobrinsky UN Economic Commission for Europe Project LINK Spring Meeting, April 14-16, 2004 The new geopolitical

More information

Geopolitical Situation and Impact on the Turkish Business Environment

Geopolitical Situation and Impact on the Turkish Business Environment Geopolitical Situation and Impact on the Turkish Business Environment Arpat Şenocak, President, 20 June 2016 SUMMARY I. Turkey at a Glance II. Regional Outlook III. Relationships with the EU IV. Turkish

More information

Doing business in Poland new perspectives for German companies- Artur Terlecki Chief Project Manager Foreign Investment Department PAIiIZ S.A.

Doing business in Poland new perspectives for German companies- Artur Terlecki Chief Project Manager Foreign Investment Department PAIiIZ S.A. POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY Doing business in Poland new perspectives for German companies- Artur Terlecki Chief Project Manager Foreign Investment Department PAIiIZ S.A. 1 FDI Stock

More information

Trade in services between CU Member States. Amount of trade in services in 2013: Russia Kazakhstan mln US Dollars

Trade in services between CU Member States. Amount of trade in services in 2013: Russia Kazakhstan mln US Dollars September 2014 2 Trade in services between CU Member States Amount of trade in services in 2013: Russia Kazakhstan 3 192 mln US Dollars Import to Russia 968 mln US Dollars Export from Russia 2 223 mln

More information

OECD ANKARA MULTILATERAL TAX CENTER

OECD ANKARA MULTILATERAL TAX CENTER OECD ANKARA MULTILATERAL TAX CENTER 2 LEGAL BASIS The OECD Ankara Multilateral Tax Center has been established in 1993 based on a Memorandum of Understanding between the OECD and the Republic of Turkey.

More information

Moscow: City for Business Anatoly Valetov Deputy Head of Department

Moscow: City for Business Anatoly Valetov Deputy Head of Department Moscow: City for Business Anatoly Valetov Deputy Head of Department Moscow Investment Projects Road Show in Japan, 27 September 2013 Moscow Overview Geographic location: Center of European Russia Area:

More information

Special Economic Zone in Vladivostok EASTERN GATEWAY TO RUSSIA

Special Economic Zone in Vladivostok EASTERN GATEWAY TO RUSSIA Special Economic Zone in Vladivostok EASTERN GATEWAY TO RUSSIA Special Economic Zone in Vladivostok : SEZ Profile Location: Vladivostok-City (Primorsky region, Russian Far East) Start of operations : September

More information

Turkish International Cooperation and Development Agency (TIKA) and South-South Cooperation

Turkish International Cooperation and Development Agency (TIKA) and South-South Cooperation Trade and Development Board Investment, Enterprise and Development Commission Multi-year expert meeting on international cooperation: South-South cooperation and regional integration Geneva, 4-5 February

More information

Session VII: Foreign Investment During the Transition: How to Attract It, and How to Make the Best Use of It

Session VII: Foreign Investment During the Transition: How to Attract It, and How to Make the Best Use of It Session VII: Foreign Investment During the Transition: How to Attract It, and How to Make the Best Use of It Mr. U.T. Isayev, General Director Foreign Investment Agency, Kyrgyz Republic Direct foreign

More information

EURASIAN ECONOMIC INTEGRATION: FACTS AND FIGURES LIBRARY OF EURASIAN INTEGRATION

EURASIAN ECONOMIC INTEGRATION: FACTS AND FIGURES LIBRARY OF EURASIAN INTEGRATION EURASIAN ECONOMIC INTEGRATION: FACTS AND FIGURES LIBRARY OF EURASIAN INTEGRATION Contents Introduction... 2 Development of the Eurasian Integration: 1994 2016... 4 Timeline of Events... 10 The Member States

More information

UNECE Energy Week Geneva. in Energy Security

UNECE Energy Week Geneva. in Energy Security UNECE Energy Week Geneva Investing in Energy Security Committee on Sustainable Energy and related Meetings Wednesday 28 November 2007 Special Session: Investing in and Financing the Hydrocarbon Sector

More information

Transport strategy of of the Republic UZBEKISTAN and prospects of of development of of Trans-Asian and Euro-Asian transit carriages

Transport strategy of of the Republic UZBEKISTAN and prospects of of development of of Trans-Asian and Euro-Asian transit carriages Transport strategy of of the Republic UZBEKISTAN and prospects of of development of of Trans-Asian and Euro-Asian transit carriages Presentation of of chief chief of of the the Uzbek Uzbek agency agency

More information

Free economic zone industrial-innovative type

Free economic zone industrial-innovative type Free economic zone industrial-innovative type Khujand city, Sogd region, Tajikistan Resources of Sogd region 214 of mineral deposits are explored and prepared for the development In the northern part of

More information

Part Four INVESTING IN TAJIKISTAN I. FOREIGN INVESTMENT POLICY AND REGULATIONS

Part Four INVESTING IN TAJIKISTAN I. FOREIGN INVESTMENT POLICY AND REGULATIONS Part Four INVESTING IN TAJIKISTAN As part of its efforts towards fostering economic development, the Government is currently encouraging and promoting both domestic and international business activities.

More information

Outline. I. Background II. The new challenges III. China s new innovation strategy VI. Innovation policies 2007 年 9 月 14 日

Outline. I. Background II. The new challenges III. China s new innovation strategy VI. Innovation policies 2007 年 9 月 14 日 China s Innovation Policy in the Context of National Innovation System Reform Lan Xue, Professor and Director China Institute for S&T Policy Tsinghua University August 27, 2007 Outline I. Background II.

More information

TURKEY COUNTRY ENVIRONMENT and RENEWABLE ENERGY MARKET

TURKEY COUNTRY ENVIRONMENT and RENEWABLE ENERGY MARKET TURKEY COUNTRY ENVIRONMENT and RENEWABLE ENERGY MARKET WHY TURKEY? STRATEGIC IMPORTANCE Turkey has borders with 8 countries and commonly considered to abridge Europe and Asia. Its transcontinental location

More information

Azerbaijan Export and Investment Promotion Foundation AZERBAIJAN: BUSINESS AND INVESTMENT OPPORTUNITIES

Azerbaijan Export and Investment Promotion Foundation AZERBAIJAN: BUSINESS AND INVESTMENT OPPORTUNITIES AZERBAIJAN: BUSINESS AND INVESTMENT OPPORTUNITIES S N A P S H O T Establishment: 28 May 1918 Independence: 18 October 1991 Area: Population: Official Language: Government system: Membership in: 86.6 thsd

More information

FREE TRADE AGREEMENT BETWEEN UKRAINE, BELARUS, KAZAKHSTAN AND RUSSIAN FEDERATION. AGREEMENT on the Establishment of the Common Economic Zone

FREE TRADE AGREEMENT BETWEEN UKRAINE, BELARUS, KAZAKHSTAN AND RUSSIAN FEDERATION. AGREEMENT on the Establishment of the Common Economic Zone FREE TRADE AGREEMENT BETWEEN UKRAINE, BELARUS, KAZAKHSTAN AND RUSSIAN FEDERATION AGREEMENT on the Establishment of the Common Economic Zone Date of signing: September 19, 2003 Date of ratification: April

More information

Country Report - Azerbaijan

Country Report - Azerbaijan Country Report - Azerbaijan by Mr. Hajiyev Zahir WIPO-PPO-KIPO EASTERN EUROPEAN REGIONAL FORUM ON USING INTELLECTUAL PROPERTY (IP) PANORAMA FOR BUILDING CAPACITY OF SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)

More information

Trade Performance in Eastern Europe and Central Asia

Trade Performance in Eastern Europe and Central Asia Enterprise Surveys Enterprise Note Series Trade World Bank Group Enterprise Note No. 19 21 Trade Performance in Eastern Europe and Central Asia Murat Seker In the Eastern Europe and Central Asia (ECA)

More information

TURKISH VAT SYSTEM. Timur CAKMAK Head of Department Turkish Revenue Administration

TURKISH VAT SYSTEM. Timur CAKMAK Head of Department Turkish Revenue Administration Timur CAKMAK Head of Department Turkish Revenue Administration GENERAL OVERVIEW The beginning of the studies on Value Added Tax (VAT) in Turkey goes back to 1970. In 1974, a draft VAT law, which was the

More information

Connecting Emerging Asia and Emerging Europe

Connecting Emerging Asia and Emerging Europe Connecting Emerging Asia and Emerging Europe Rising Trade and Investment Ties ADBI and EBRD 14 May 2014 Outline of ADBI-EBRD Study a) To understand pattern of economic ties between Emerging Asia (EA) and

More information

Mikhail V. Mishustin Chief, Federal Agency for Management of Special Economic Zones

Mikhail V. Mishustin Chief, Federal Agency for Management of Special Economic Zones Mikhail V. Mishustin Chief, Federal Agency for Management of Special Economic Zones International Business Conference Innovation as the Basis for Economic Diversification Russia-Japan Business Dialog November

More information

MOZAMBIQUE: BUSINESS CLIMATE AND INVESTMENTS OPPORTUNITIES FOR THE SPECIAL ECONOMIC ZONES

MOZAMBIQUE: BUSINESS CLIMATE AND INVESTMENTS OPPORTUNITIES FOR THE SPECIAL ECONOMIC ZONES Ministry of Planning and Desenvolpment Special Economic Zones Office MOZAMBIQUE: BUSINESS CLIMATE AND INVESTMENTS OPPORTUNITIES FOR THE SPECIAL ECONOMIC ZONES Maputo, 19 May 2014 1 Special Economic Zones

More information

AZERBAIJAN s ICT Sector: Dynamic and Growing

AZERBAIJAN s ICT Sector: Dynamic and Growing AZERBAIJAN s ICT Sector: Dynamic and Growing Prof. Dr. Ali M. ABBASOV Minister of Communications and Information Technologies of the Republic of Azerbaijan AZERBAIJAN s ICT Sector ICT Sector: Turning Black

More information

Special Economic Zones. National Economic Development Conference Darwin - 30 th October 2014

Special Economic Zones. National Economic Development Conference Darwin - 30 th October 2014 Special Economic Zones National Economic Development Conference Darwin - 30 th October 2014 What is an SEZ A Special Economic Zone is a geographical region designed to export goods and provide employment.

More information

Legal guidelines Free trade agreements of Ukraine

Legal guidelines Free trade agreements of Ukraine Legal guidelines Free trade agreements of Ukraine www.sk.ua Table of contents 3 1. FTAs of Ukraine 2. Trade statistics 3. Trade preferences under the FTAs 4. Exemptions from FTAs 5. Eligibility criteria

More information

The Brunei Economic Development Board. Introduction The BEDB

The Brunei Economic Development Board. Introduction The BEDB The Brunei Economic Development Board Introduction The BEDB Brief History 26th November 2001 BEDB was formed under the Brunei Economic Development Board (Amendment) Order 2001 29th December 2001 Appointment

More information

Appendices. Master Plan Structure: A Summary Malaysia: Third Industrial Master Plan (IMP3) Thailand: Master Plan for Thai Food Industry,

Appendices. Master Plan Structure: A Summary Malaysia: Third Industrial Master Plan (IMP3) Thailand: Master Plan for Thai Food Industry, Appendix 1. Appendix 2. Appendix 3. Appendix 4. Appendix 5. Appendix 6. Appendix 7. Appendix 8. Master Plan Structure: A Summary Malaysia: Third Industrial Master Plan (IMP3) 2006 2020 Thailand: Master

More information

FOREIGN INVESTMENT in IRAN

FOREIGN INVESTMENT in IRAN FOREIGN INVESTMENT in IRAN Presented by: Dr. Akbari Director General for Foreign Economic Relations Organization for Investment, Economic & Technical Assistance of Iran (OIETAI) Ministry of Economic Affairs

More information

FOREWORD. United Arab Emirates

FOREWORD. United Arab Emirates 2015/16 FOREWORD A country's tax regime is always a key factor for any business considering moving into new markets. What is the corporate tax rate? Are there any incentives for overseas businesses? Are

More information

ROAD RAIL TRANSPORT CORRIDORS ALONG EUROPE AND ASIA

ROAD RAIL TRANSPORT CORRIDORS ALONG EUROPE AND ASIA ROAD RAIL TRANSPORT CORRIDORS ALONG EUROPE AND ASIA The Transport and ICT Global Practice Smart Connections for All United Nations Economic Commission for Europe Geneva September 7-9, 2015 Baher El-Hifnawi

More information

Saudi Arabian General Investment Authority SAGIA. Creating a Knowledge Economy in Saudi Arabia

Saudi Arabian General Investment Authority SAGIA. Creating a Knowledge Economy in Saudi Arabia Saudi Arabian General Investment Authority SAGIA Creating a Knowledge Economy in Saudi Arabia December 16, 2009 Building a knowledge based society is one of the kingdom Key economic priorities The Eighth

More information

The Modern Migration Policy of Russia: Problems and Necessary Directions of Perfection

The Modern Migration Policy of Russia: Problems and Necessary Directions of Perfection Sergei V. Ryazantsev, professor, Doctor of Economy, Head of Center Social Demography and Economic Sociology in Institute Socio-Politic Research of Russian Academy of Sciences (Moscow, Russian Federation)

More information

Myanmar Foreign Investment Framework 19 th November 2013

Myanmar Foreign Investment Framework 19 th November 2013 Myanmar Foreign Investment Framework 19 th November 2013 By Myo Min Images of Myanmar The Republic of the Union of Myanmar The New Government has taken its duty of the state since 31 st March 2011 Reforms

More information

THE ROLE OF FOREIGN DIRECT INVESTMENT IN SOUTH AFRICAN AGRICULTURE

THE ROLE OF FOREIGN DIRECT INVESTMENT IN SOUTH AFRICAN AGRICULTURE THE ROLE OF FOREIGN DIRECT INVESTMENT IN SOUTH AFRICAN AGRICULTURE By Ernst Idsardi (+27) 051 401 3570 idsardief.sci@ufs.ac.za www.ufs.ac.za/natagri OUTLINE Introduction FDI in South Africa (SA) FDI, a

More information

TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE

TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE TAZEEM PASHA MANAGER, BUSINESS RETENTION AND EXPANSION SELECTUSA U.S. DEPARTMENT OF COMMERCE Tazeem Pasha serves as Manager, Business Retention and Expansion at SelectUSA. Established by Executive Order

More information

Agribusiness Investment climate

Agribusiness Investment climate Agribusiness Investment climate Astana, 2015 The employed population by the types of economic activity in 2014 11,5% Education Construction Agriculture 18,9% The proportion of the employed population of

More information

Eurasian transport link development by RZD. Remarks by RZD President Vladimir Yakunin

Eurasian transport link development by RZD. Remarks by RZD President Vladimir Yakunin Eurasian transport link development by RZD Remarks by RZD President Vladimir Yakunin Geneva, Switzerland, 24 February 2010 EAST WEST INTERNATIONAL TRANSPORT CORRIDOR Container transit time across Russia:

More information

Kazakhstan investment attractiveness. Ernst & Young s investor opinion survey

Kazakhstan investment attractiveness. Ernst & Young s investor opinion survey Kazakhstan investment attractiveness Ernst & Young s investor opinion survey Contents Welcome............................................. 1 Executive summary.................................... 2 International

More information

Investment Climate and Business Opportunities of the Republic of Uzbekistan

Investment Climate and Business Opportunities of the Republic of Uzbekistan Investment Climate and Business Opportunities of the Republic of Uzbekistan Oybek N. Khamraev Deputy Director Uzinfoinvest Agency Ministry for Foreign Economic Relations, Investments and Trade of the Republic

More information

Entrepreneurship and Competitiveness: Implications for Saudi Arabia

Entrepreneurship and Competitiveness: Implications for Saudi Arabia Entrepreneurship and Competitiveness: Implications for Saudi Arabia Professor Michael E. Porter Harvard Business School Global Competitiveness Forum Riyadh, Saudi Arabia January 24, 2012 This presentation

More information

The Role of the IMF in the Financial Crisis

The Role of the IMF in the Financial Crisis The Role of the IMF in the Financial Crisis Age Bakker Executive Director, IMF National Bank of Romania, Bucharest December 17, 2009 Outline The IMF: functions and governance The financial crisis: where

More information

Introductory Remarks by Mr. Shafqat Ellahi Shaikh, Chairman, All Pakistan Textile Mills Association

Introductory Remarks by Mr. Shafqat Ellahi Shaikh, Chairman, All Pakistan Textile Mills Association Introductory Remarks by Mr. Shafqat Ellahi Shaikh, Chairman, All Pakistan Textile Mills Association Representatives of the Government of the Republic of Turkey, Mr. Tuncer Kayalar, Chairman of the 66 th

More information

Innovation Forum. 1-4 July 2008, Montenegro. Turkish Academy of Sciences

Innovation Forum. 1-4 July 2008, Montenegro. Turkish Academy of Sciences SEE Science, Education and Innovation Forum 1-4 July 2008, Montenegro Prof.Dr. Dinçer Ülkü Turkish Academy of Sciences CONTENT - Overview of Innovation Capacity - Institutional Framework - Policy Framework

More information

Investment offer. Construction of a transportation and logistics center

Investment offer. Construction of a transportation and logistics center Construction of a transportation and logistics center General information Company s information Company s name: BelProfiTrans JLLC Ownership: private ownership form 100% Registration date: 2008 Market

More information

Energy. Annex 2. Environmental trends and perspectives in the Western Balkans. CSI 027 Final energy consumption by sector. Past and present trends

Energy. Annex 2. Environmental trends and perspectives in the Western Balkans. CSI 027 Final energy consumption by sector. Past and present trends Energy CSI 27 Final energy consumption by sector Indicator definition: Final energy consumption covers energy supplied to the final consumer's door for all energy uses. It is calculated as the sum of final

More information

Turkish Plastics Industry & Importance Of Cost Reduction Techniques

Turkish Plastics Industry & Importance Of Cost Reduction Techniques Turkish Plastics Industry & Importance Of Cost Reduction Techniques Yavuz EROĞLU Chairman of Board 1 10 Eylül 2015 2 TURKISH PLASTICS INDUSTRY TURKISH PLASTICS INDUSTRY WITH 6500 OPERATING COMPANIES, CONTRIBUTES

More information