Kazakhstan’s WTO accession experience may be of service to neighbors

18 May, 2018, 15:12 273
Kazakhstan’s WTO accession experience may be of service to neighbors

Kazakhstan may set the example how to succeed, WTO representative supposes.

The Deputy Director-General of the World Trade Organization (WTO), Alan Wolff, qualified Kazakhstan as a leader in the World Trade Organization, Bnews.kz. reports.

Kazakhstan’s accession to WTO was not an easy process due to a row of reasons including technical difficulties. The situation needed the interference of the President to complete this deal. It took political leadership of the highest level. Yesterday morning there was a program on Asian financial centers, which Kazakhstan is forming here. Stability, the rule of law will make Kazakhstan even more attractive for financial transactions and investments, " Alan Wolff.

He added that Kazakhstan holds not only such events as today, but also our country has good relations with all players - with China, Russia, the USA, the European Union, which cannot be said about other countries.

WTO Deputy Director-General added Kazakhstan holds not only such events as today, but also our country has good relations with all players - with China, Russia, the USA, the European Union, which cannot be said about other countries.

"This is a unique place for gathering - for the unification of ministers and heads of state, a place where they can come to promote economic integration in the global economy." I think, in general, Kazakhstan can become a model and an example of how to succeed. For such a short period of time go so far ... This is an outstanding success story, I think it will help your neighbors, Uzbekistan, in particular. This example will also help other countries joining the WTO. For example, Belarus, which is on the verge of joining the WTO. The WTO is a very large organization, and Kazakhstan is the leader in this organization. We very much appreciate the participation, as well as the contribution of Kazakhstan," Alan Wolff announced.

The session discussed best practices of development of business, cities, states, and continents in response to today's challenges.

As reported earlier the AEF is being held in a new format. 500 guests from over 24 world countries take part in the event. The agenda of the Forum: resource sustainability and longevity to global security and the organization of megacities of the future. The forum will discuss 11 topics. Among them: urbanization of the population; the fight against inequality between the rich and the poor; The problems associated with the loss of anonymity due to the development of information technology.

Astana Economic Forum is an annual Eurasian business event.

Over the past decade, more than 50 000 delegates from 150 countries attended the events, including 0 Nobel Prize winners and more than 30 prominent politicians.

Over 300 memoranda and agreements totaling US 20 billion were signed during the Congress.

A wide variety of scientists, economists, journalists, politicians, world-renowned think tanks and business leaders have spoken at the Forum over Years.