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Eurasia
16/02/2024 08:25
Opportunities come along with certain challenges, which require delicate balancing from Kazakhstan and the region of Central Asia.
“This is also a decade of complexity. Complexity for Kazakhstan to the north, complexity for Kazakhstan to the east, and then, obviously, a very changing political landscape in the West. The balancing act is going to be to stay open for investment and also to manage the complexity of an ever-changing world. So far, Kazakhstan is doing a fantastic job, as are other Central Asian countries, in balancing opportunity and complexity,” he said.
Speaking of what makes Kazakhstan an attractive investment destination, Beer highlighted stability and trust.
“If you have a problem in Kazakhstan, you have an English language common law system. You have arbitration that you can use, you have a Kazakh language court system that you can use. If you think about an investment decision, we know the opportunities there,” said Beer.
Among promising areas for investment, Beer specifically underscored the financial services sector. He highlighted the importance of the AIFC as a cornerstone for attracting foreign investors, praising its robust court and judicial system featuring judges from around the world. He emphasized the transparency and simplicity of the rules, which are accessible online, and commended the team overseeing the center.
In April 2025, Tashkent will host the 150th anniversary Assembly of the Inter-Parliamentary Union (IPU) for the first time in the history of Central Asia. This event brings together over 2000 parliamentarians from more than 100 national parliaments, providing a unique opportunity to discuss key global issues.
On April 3-4 of this year, Samarkand will host the first-ever high-level meeting between the European Union and the Central Asian countries. This landmark event will open a new chapter in relations between the regions, marking a transition to a qualitatively new level of multilateral cooperation. The very fact of organizing such a dialogue highlights the EU's strong interest in developing cooperation and its commitment to strengthening partnerships with the Central Asian states.
On 31 March, the city of Khujand, Tajikistan, hosted a trilateral summit attended by President Shavkat Mirziyoyev of Uzbekistan, President Sadyr Japarov of Kyrgyzstan, and President Emomali Rahmon of Tajikistan. This momentous occasion marked the culmination of the border delimitation process among the three nations, a pivotal milestone in Central Asian geopolitics.