BELARUS NEWS AND ANALYSIS

DATE:

02/12/2008

KZ investments in Russia - USD 1.1 bln, in Belarus - USD 6.1 mln

ASTANA. December 2. KAZINFORM /Aigul Tulekbayeva/ Establishment of the Customs Union will stimulate flow of mutual investments, Minister of Industry and Trade Vladimir Shkolnik has said at the Government’s sitting today, Kazinform reports.
According to him, over 3.5 thousand Kazakh-Russian enterprises and more than 70 joint enterprises with the participation of Belarusian capital have been registered in Kazakhstan.

In addition, Kazakhstan has attracted USD 2.9 bln of foreign investments from Russia and about USD 6 mln – from Belarus. In turn, Kazakhstan’s investments in the Russian economy have made USD 1.1 bln, while in Belarus it invested USD 6.1 mln”, the Head of the Industry Ministry said.

Source:

http://www.inform.kz/showarticle3.php?lang=eng&id=173250

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