OREANDA-NEWS. On March 06, 2008 130 domestic companies took part in the business-forum. The Ukrainian side was presented by 80 companies that worked in the spheres of mechanical engineering, construction, agriculture, transport, energy, light industry and other realms of economy, reported the Official website www.akorda.kz.

At his address to the representatives of business circles of Kazakhstan and Ukraine President Nazarbayev voiced a hope that today’s business-forum would give large opportunities for the companies and ventures of both countries and promote establishing cooperation ties.

‘We have all that we need for this including the political will of two states’, said head of the State.

President noted that it is necessary both for Kazakhstan and Ukraine to strengthen cooperation in transport, fuel and energy, agroindustrial complex, aerospace and other spheres. All necessary preconditions for doing business were prepared by the governments of both countries.

Favorable tax and investment climate, developed banking and financial system of Kazakhstan provide perfect opportunities for active participation of the Ukrainian business circles in implementation of projects that we plan to realize,’ said Nursultan Nazarbayev.

Within the framework of the strategy on growth of competitiveness new development institutions and social-entrepreneurial corporations appealed for providing regions’ economic development have been established in Kazakhstan. The state-private partnership is being developed.

Despite the world crisis, Kazakhstan continues to achieve good macroeconomic success. The GDP growth in 2007 accounted for 8,5 %. The growth in all the branches of economy has been achieved. The work on further strengthening investment climate is being done. Having saved financial resources, nowadays Kazakhstan itself has become a participant of other countries’ markets.

Head of the state expressed confidence that today’s business-forum would result in signing new contracts, implementation of joint projects and strengthening cooperation between the representatives of business circles of Kazakhstan and Ukraine.