01.09.2010, 16:06 2974

Nazarbayev: Customs Union - right direction of our work

The Customs Union is the right direction of our work. The President of Kazakhstan, Nursultan Nazarbayev, said today, opening the fourth session of the Parliament of the fourth convocation, the agency reports.

Astana. September 1. Kazakhstan Today - The Customs Union is the right direction of our work. The President of Kazakhstan, Nursultan Nazarbayev, said today, opening the fourth session of the Parliament of the fourth convocation, the agency reports.

"Due to the Customs Union, the Kazakhstan commodity producers' market potential has increased by 10 times as 170 million people live in the Customs Union territory. It is an important stimulus for diversification of our economy," the head of state said.

"We always said that the most important is not to construct an enterprise and manufacture production, but to sell it. I consider that the Customs Union is the right direction of our work," he underlined.

The Customs Union of Belorussia, the Republic of Kazakhstan, and the Russian Federation was created according to the contract of October 6, 2007. The supreme body of the Customs Union is the Interstate Councils at the level of heads of states and prime ministers.

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