Overseas Trade: Kazakhstan:Written question - HL420

Q
Asked on: 24 October 2019
Department for International Trade
Overseas Trade: Kazakhstan
Lords
To ask Her Majesty's Government what were the outcomes of the UK–Kazakhstan Inter-Governmental Commission meeting, held in London on 24 October.
A
Answered by: The Earl of Courtown
Answered on: 04 November 2019

My Rt Hon Friend, the Minister of State for International Trade, attended the UK-Kazakhstan Inter-Governmental Commission (IGC). The Kazakh delegation was led by the Deputy Foreign Minister for Europe, Mr Roman Vassilenko.

The IGC promoted opportunities for British companies and business collaboration in the following sectors: technical and vocational education and training, healthcare, mining, oil and gas, and financial and professional services.

TheCityUK used the IGC to take forward a British government-funded project to help develop the Astana International Financial Centre’s corporate governance code.

UK Export Finance (UKEF) and the Kazakh authorities signed a Memorandum of Understanding, affirming UKEF appetite to support projects in Kazakhstan, with a view to increasing procurement from the UK.

This was a successful event with a key strategic partner in Central Asia, which supported British exporters’ efforts in the Kazakh market, which was worth £2.3 billion to UK firms in 2018-19.

Share this page