UK to strengthen trade and investment ties with Kazakhstan
George Hollingbery explores new opportunities for collaboration at UK-Kazakhstan Intergovernmental Commission in Astana.
UK Minister of State for Trade Policy, George Hollingbery, paid an official visit to Kazakhstan to co-chair the fifth UK-Kazakhstan Intergovernmental Commission (IGC) on 8 October 2018.
IGC is an annual event to discuss trade and economic co-operation between the 2 countries. The IGC includes both government and business representatives from the UK and Kazakhstan, and has become and an effective platform to promote and develop bilateral commercial ties.
According to Minister Hollingbery, the UK and Kazakhstan have developed co-operation in many areas. The IGC gives an excellent opportunity to strengthen trade and investment ties between the 2 countries, promote the UK as the partner of choice for business and explore new opportunities for collaboration.
George Hollingberry speaking at IGC
The IGC includes both government and business representatives from the UK and Kazakhstan, and has become and an effective platform to promote and develop bilateral commercial ties.
Now over 500 British companies operate in Kazakhstan in sectors such as:
- oil and gas
- mining
- financial and related professional services
- design and architecture
Kazakhstan already benefits from UK companies offering cutting-edge technologies, whilst the UK government pledges to facilitate further technology business collaboration.
During his visit in Astana the minister met his Kazakh counterparts and important partners – senior Kazakh government officials and representatives of both Kazakh and British businesses.