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Introduction by Kazakhstan of export customs duties on crude oil complicates negotiations with EU on introduction of Republic into WTO - Aytzhanova

Astana. October 16. Kazakhstan Today - Introduction of the export customs duties by Kazakhstan on crude oil exported to Europe complicates negotiations with the European Union on introduction of the Republic into World Trade Organization (WTO). Vice Minister of Industry and Commerce of Kazakhstan, Zhanar Aytzhanova, informed today, following the results of the 10th session of subcommittee of Kazakhstan - EU. Z. Aytzhanova informed that the question of energy transit has not been solved yet with the European party." "Kazakhstan in 1995 ratified the Energy Charter and we have given the EU member countries the same rights in power branch as we have done to our companies. Kazakhstan needs to impose these obligations on all member states of World Trade Organization. We are not ready for this yet, therefore, we hold negotiations on this question," he informed. "And the third question ... is a question of financial services. How much we are ready to rehabilitate the sector of financial services and to allow direct branches of foreign banks and the insurance companies working in our market," Z. Aytzhanova specified.

Resourse: Kazakhstan Today

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