Turkey offers Kazakhstan preferential trade deal

Turkish State Minister Zafer Caglayan said Monday there were more than 80 fields in which Turkey and Kazakhstan may cooperate.

Turkey offers Kazakhstan preferential trade deal


Turkish State Minister Zafer Caglayan said Monday there were more than 80 fields in which Turkey and Kazakhstan may cooperate.

Speaking to reporters following a meeting with Kazakh Deputy Prime Minister and Industry and New Technologies Minister Aset Isekeshev, Caglayan said that his meeting with
Isekeshev and an accompanying delegation took place as a preparatory meeting for Turkish President Abdullah Gul's upcoming visit to Kazakhstan on May 24 and 25.

We have established a permanent mechanism between Turkey and Kazakhstan. Based on this mechanism, our two ministeries will work as a singly ministry, Caglayan noted.

We will work to establish a Turkish Private Industrial Zone and a free trade zone in Kazakhstan. Kazakhstan, Russia and Belarus have formed a customs union and the market of the three countries have a total population of 170 million people. Turkish companies will evaluate their investments directed toward this market, Caglayan said.

We requested from Isekeshev to refrain from acts that would negatively affect the investments of Turkish companies in Kazakhstan, Caglayan said.

We have proposed to Isekeshev to sign an agreement with Turkey on preferential trade, Caglayan said.

Turkish contractors to date have completed projects worth 13 billion USD in Kazakhstan. Kazakhstan began investments for highways and we wish to see more Turkish contractors involved in highway projects of Kazakhstan, Caglayan said.

We will continue to cooperate with Kazakhstan in energy. We can make joint investments for ship building. Turkey's investments in Kazakhstan are worth around two billion USD and we wish to increase this figure, Caglayan also said.

Aset Isekeshev, in his part, extended an invitation to Turkish companies to come and invest in Kazakhstan.

Isekeshev said that there were five reasons why Turkish companies should invest in Kazakhstan.

"The market is large and has a population of 170 million people. There are raw materials in Kazakhstan and, as such, the cost of transportation of raw materials is zero. Energy prices in Kazakhstan are very low. The tax and investment climate favors investors. Kazakhstan is a friend and brother of Turkey," Isekeshev said.


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Last Mod: 03 Mayıs 2010, 14:52
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