Kazakhstan and UK officials ramp up trade rhetoric.
The UK government website the ministers visit.
Kazakhstan and UK officials ramp up trade rhetoric. The Minister UK Trade Policy, George Hollingbery, was in Kazakhstan where he co-chaired the fifth UK-Kazakhstan Intergovernmental Commission (IGC) on the 8th October 2018.[the_ad_placement id=”content”]
The annual event which is hosted by the IGC and is where delegates discuss trade and economic co-operation between the two countries. The IGC includes both government and business representatives from both the UK and Kazakhstan.
It has become and an advantageous platform to promote and develop bilateral commercial ties.
According to Minister Hollingbery, the UK and Kazakhstan have developed co-operation in many areas. The IGC provides an excellent opportunity to strengthen trade and investment ties between the two countries, promote the UK as the partner of choice for business and explore new opportunities for collaboration.The IGC includes both government and business representatives from the UK and Kazakhstan and has become and a capable platform to promote and develop bilateral commercial ties.
Around 500 British companies operate in Kazakhstan in sectors such as oil and gas, mining, financial and professional services, and design and architecture.
Kazakhstan already benefits from UK companies offering cutting-edge technologies. The UK government also pledges to facilitate further technology business collaboration.
During his visit to Astana, the minister met his Kazakh counterparts and important partners – senior Kazakh government officials and representatives of both Kazakh and British businesses.
Kazakhstan Today reported the following rhetoric in greater detail. Pointing out the UK’s representative focus on the potential for the two countries in cooperating and the business opportunities he sees for UK businesses to bring technological solutions to the country.
“Great Britain is interested in cargo transportation through Kazakhstan within the framework of sales between China and Europe,” George Hollingbery, Minister of State for Trade Policy at the Department for International Trade for the UK, told the 5th sitting of the Kazakh-British intergovernmental commission for trade, scientific and technical, cultural cooperation held in Astana.
“We have great potential within trade between China and Europe and transportation. The Road and Belt Initiative is another opportunity for widening cooperation,” he added.
“Today it is crucial to further cooperation between our countries. Kazakhstan is well-located between the East and West. The Kazakh President’s plans are very convincing, and all the country’s activities testify that those plans will be successfully realized.
The point at issue is to make sure that Great Britain will be the part of those mutual relations as Kazakhstan keeps on developing further,” George Hollingbery said.
“We see great opportunities for doing business with Kazakhstan. Currently, Great Britain largely represented in oil and gas, energy sectors. The Kazakh Government wants to diversify the structure of mutual relations and cooperation in mining, agriculture, irrigation, water sectors, etc., and our companies are glad to cooperate with Kazakhstan,” George Hollingbery resumed.
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Danny Deegan is the Editor and proprietor of eurasianmarket.com. Born in the UK, currently working in financial services with an emphasis on equity investments and forex trading.