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ASTANA, Kazakhstan, January 19. The power
sector stands out as a key driver of financial cooperation between
Kazakhstan and Italy, President of Kazakhstan Kassym-Jomart Tokayev
stated, as he addressed Italian businessmen, Development experiences.
“Over 80 p.c of Kazakhstan’s oil finds its technique to Europe,
satisfying about 10 p.c of the EU’s calls for. I need to specific
appreciation to Italy – a longstanding and reliable power
companion for Kazakhstan,” he stated.
President Tokayev additionally famous the contributions made by the
flagship Eni to Kazakhstan’s economic system.
“Kazakhstan presents huge alternatives in oil and fuel
exploration. We’re adopting the very best international practices to uncover
vital reserves. Moreover, we prolong an invite to
Italian corporations to have interaction within the service and upkeep of the
oil and fuel trade,” the president added.
Tokayev up to date Italian entrepreneurs on forthcoming sensible
and legislative measures designed to spice up the inflow of international
direct investments into the nation’s economic system.
“We have now recognized and eliminated pointless calls for on
companies to foster a extra versatile and investor-friendly
setting. We have now just lately arrange an Funding Council,
outfitted with intensive powers to streamline decision-making and
present complete state assist for funding tasks,” he
highlighted.
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