Minister of Kazakhstan: We have agreed to create a single market with Russia – Premier –

November 24, 2009 – 1:51 am

In Yalta, signed documents on cooperation between Kazakhstan and Russia in various fields. In an interview with “Vesti” Kazakh Prime Minister Karim Massimov told how valued the presence of Russia and Russian companies in the Kazakh market, and how China’s increasing influence in Kazakhstan.

“P Vladimir Putin, the question interpenetration of Kazakhstan capital of Russia’s market and Russia on Kazakhstan’s capital market is discussed in detail. I’ll be back to the topic of the Customs Union. By and large, there should be some change our stereotypes. This is not a question of Russia’s capital in Kazakhstan, or Kazakhstan in Russia. We create a single market, and companies have received equal treatment. And Russia’s capital can enter without any obstacles in Kazakhstan, and Kazakh enterprises have an opportunity to freely enter the Russia market. This is such a healthy, pragmatic, good competition for the two countries “, – said Kazakh Prime Minister.

Karim Masimov also called on the Chinese capital, which is rather active part in the Kazakh market. In the past few years, the activity of Chinese companies is increasing. “This is due to the fact that Chinese companies, China’s government helps them have large enough financial resources, and over the last 6-10 months, we were provided with financial assistance in the form of loans, direct investment of 13 billion U.S. dollars, that in these conditions is large enough resources. But I think it’s healthy competition, all have equal rights, and all this should work for the people of Kazakhstan “, – the prime minister said.

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