Trade representation office of Kazakhstan in Russia organizes meeting

Moscow. October 2. Kazakhstan Today - At a conference organized by the trade representation office of Kazakhstan in Moscow attendees have discussed possibilities of the expansion of the mutual trade as part of the Common Economic Space.

According to Caspionet, as part of the meeting, attendees participated in the roundtable meeting focused on the implementation of Kazakhstan integration initiatives.

At the conference the "Atameken" National Economic Chamber, the "Support of Russia" All-Russian public organization of small and medium-sized enterprises and the Belarus Association of Entrepreneurs and Employers have signed a memorandum, which will allow the business community to participate in the improvement of the legislative framework of the Common Economic Space.

"The practice showed the need for modernization. We are in need of reaching equal competitive terms. For example, Russian and Belarusian producers can sell products at lower prices. We need to establish a clean mechanism, which will allow us responding to the claim from the regions about unfair competition of dumping. In this case we will be able to address the special body as soon as possible for investigation," said Rakhim Oshakbayev, First Deputy Chairman of Board of Atameken Union of Kazakh National Economic Chamber.

Representatives of the Eurasian Economic Commission agree with the need of improvement of the law enforcement practice. The identification and elimination of trade barriers and unfair competition is a top priority direction of its activity. Summarizing the results of six months of operation of the Common Economic Space, representatives of the Eurasian Economic Commission noted the increase in the export of finished products from Kazakhstan. The export of the mechanical engineering area has doubled and export of food goods increased by more than 80%.

"We believe that this statistics is very important, which means that Kazakhstan enterprises perceive the Customs Union as a market with clear rules and creating there business guided by these rules. We hope for the effect of investments into the Customs Union during the recent 2-3 years," Andrei Slepnev, Eurasian Economic Commission Minister for Trade said.

Additionally, entrepreneurs and representatives of the Eurasian Economic Commission have agreed on the creation of the internet resource, where representatives of business community will discuss drafts of documents and current problems of mutual trade. It is planned to create such web portal by the end of this year.

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