Kazakhstan will be able to compete with Australia in supply of lamb
Cooperation of businessmen of Kazakhstan and SCO countries was discussed at the business council in Astana
On 7th of June in Astana at the meeting of the Board of the Business Council of the Shanghai Cooperation Organization (SCO) were discussed issues of the strengthening of the economic potential of the country and the opportunities that opens Kazakhstan's cooperation with the SCO member countries.
Opening the meeting, Raimbek Batalov, Chairman of the National part of the SCO Business Council from the Republic of Kazakhstan, spoke about the work done and the main directions for the near future. In particular, the possibility of lending to Kazakhstani businessmen in foreign banks.
"This may not be visible, but the Business Council took an active part in ensuring that those issues that are difficult to harmonize within the framework of the SCO are quickly resolved. Work has begun on interbanking, this direction will become a concrete aid for business", - Raimbek Batalov said.
An important issue on the agenda was also the prospects for Kazakhstan's cooperation with the People's Republic of China.
"Kazakhstani goods, despite strong competition in the Chinese market, may well occupy a niche on it. For example, for the supply of lamb. Now Kazakhstan has only one competitor in this issue - Australia. But Australia delivers frozen meat, and Kazakhstan can supply fresh, chilled. By 2018, it is planned to arrange the delivery of 80,000 tons of mutton to the People's Republic of China", - said Nurzhan Altaev, Deputy Chairman of the Board of NCE RK "Atameken".
Nurzhan Altaev noted that Kazakhstan seeks to strengthen trade relations with all SCO countries.
"In particular, the markets of China and Russia, which offer great opportunities for the supply of goods, are attractive. These markets are promising, and at the same time highly competitive. In order to occupy these niches, the Kazakh business should increase production, increase the assortment and improve the quality of products", - the Deputy Chairman of the Board emphasized.
Kazakhstan is building its foreign economic strategy in two directions. The first is the build-up of export potential. Second, attracting large companies, investors who are ready to work in Kazakhstan and create joint ventures here. To this end, for example, now the National Company "Kazakhinvest" has emerged, which should create the most favorable investment opportunities, summing up the report, added the Deputy Chairman of the Board.
Nurzhan Altaev's proposals are shared by the Chinese side. Vice Chairman of the CCPIT from the People's Republic of China, Wang Jinzheng expressed hope for the expansion of trade and investment relations.
"I want to note the effective implementation of the work of the Business Council. Compared with 2005, the situation between our countries has changed greatly: economic cooperation has been strengthened, the investment climate has improved, all conditions for fruitful work have appeared. In 2012, the PRC Secretary General initiated the initiative "One Way - One Road" and it received support from the United Nations and other international organizations. This concept has a positive effect on trade, investment flows and economic relations between the countries of the SCO countries", - Wang Jinzheng believes.
In turn, Rashid Alimov, Secretary-General of the Shanghai Cooperation Organization drew the participants' attention to the presence of representatives from India and Pakistan, who are about to become full members of the SCO.
"We hope very much for active and meaningful communication and joint work in the future. I want to remind you that 12 years ago here, India, Pakistan and Iran were accepted as observers. This is an amazing symbolism that exactly 12 years later India and Pakistan will be accepted as full-fledged members of the SCO", - the Secretary-General of the Shanghai Cooperation Organization shared.
The participants of the SCO Business Council believe that the meeting of the Council will allow to find new ways of interaction and define a vision that will further bring the countries closer for mutual economic growth.
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