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The Kazakhstan ‒ Canada Business Council successfully held its second meeting in Astana

29 Jun 2017 9:50 AM | Anonymous



On June 22nd – 23rd, the Second Meeting of the “Kazakhstan ‒ Canada Business Council” (KCBC) took place in Astana, Kazakhstan, under the sign of two outstanding anniversary dates: the 150th birthday of  Canada and  25th  anniversary  of  the  establishment  of  diplomatic  relations  between Kazakhstan and Canada. The event was co-organized by the  Canada  Eurasia  Russia  Business  Association  (CERBA) and Kazakhstan’s  Chamber  for International Commerce (KazCIC) on the sidelines of the International Specialized Exhibition EXPO-2017 “Future Energy” , under the auspices of the two KCBC Co-Chairs – Timothy S. Gitzel of Cameco Corporation and Askar Zhumagaliev of NAC Kazatomprom.

More than 160 participants  from  business,  government and non-profit sectors attended the event. The federal Government of Canada was represented by Mr. Fred Gorrell, Assistant Deputy Minister for Agriculture and Agri-Food Canada, and the Government of Kazakhstan was represented by Mr. Yerlan Khairov, Vice-Minister for  Investments  and Development  of the Republic of Kazakhstan. Both  speakers  highlighted  the  importance  of  the  KCBC’s  goal  to  develop  relationships  between Canadian  and  Kazakhstan’s  businesses,  so  that  the  companies  can  find  ways  to  strengthen  co-operation and bilateral trade between the two countries.

The KCBC Meeting was also attended by Mr. Steven Bonk, member of the Legislative Assembly of Saskatchewan, who shared his positive experience about doing business with Kazakhstan in the area of livestock breeding and farm management.   

Representatives  from  Kazakhstan’s  Ministry  of  National  Economy,  the  Astana  International Financial Center Authority, the International Finance Corporation, Kazakhstan’s Foreign Investors’ Council Association, National Company “Kazakh Invest”, Centre for Strategic Initiatives and others shared their views on the prospects for Kazakhstan’s economic development, the integration of the country into the global economy, measures taken by the Government of Kazakhstan to improve the investment  climate  in  the  country,  opportunities  for  Canadian  partners  to  participate  in  the infrastructural programs, including creation of the International Financial Center in Astana on the platform of EXPO-2017 and other projects.

Along with the plenary session, the KCBC members participated in the six Working Groups and discussed a wide range of cooperation issues in the following areas: mining & natural  resources; agriculture  &  agri-food;  oil  &  gas;  transportation  &  aerospace;  construction  &  infrastructure; finance & banking.  

At  the  pavilion  “The  World  of  Nuclear  Energy”  arranged  within  the  framework  of  the  “Astana EXPO-2017”, the KCBC Co-Chairs ‒ CEO of NAC Kazatomprom, Mr. Askar Zhumagaliyev and CEO  of  Cameco  Corporation,  Mr.  Tim  Gitzel  signed  a  Memorandum  on  Digitalization  of Production.  The  document  determines  the  opportunities  for  cooperation  in  implementing  in Kazatomprom  the  tasks  outlined  in  the  Address  of  the  President  of  Kazakhstan  Nursultan Nazarbayev  “Third  Modernization  of  Kazakhstan:  Global  Competitiveness”  and  within  the framework of the state program “Digital Kazakhstan”. Both parties intend to cooperate in the area of automation,  digitalization  and  robotics  at  joint  ventures,  in  particular,  to  develop  projects  for BigData, IIoT, additive technologies, 3D modeling and cloud technologies.

The KCBC executive committee tentatively agreed to organize the next meeting of the Kazakhstan ‒ Canada Business Council in Canada in the spring of 2018.