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Overseas Trade: Kazakhstan

Volume 497: debated on Wednesday 14 October 2009

To ask the Chancellor of the Exchequer what his policy is on encouraging reciprocal investments between Kazakh and listed public companies; and if he will make a statement. (291262)

[holding answer 16 September 2009]: I have been asked to reply.

The aim of UK Trade and Investment (UKTI) is to help companies to realise opportunities around the world that will deliver an economic benefit to the UK. To do this UKTI prioritises the markets that we are active in. UKTI offers a full range of services for companies who wish to do business in Kazakhstan through trade and investment teams based in Astana and Atyrau.

UKTI actively encourages investment into the UK from companies in many developed and some emerging markets. Although Kazakhstan is not a priority market for inward investment, UKTI assistance would be available to Kazakh companies who were interested in investing here.