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Astana to hold 22nd plenary session of Foreign Investors Council

ASTANA. December 3. KAZINFORM The Council of Foreign Investors will hold its 22nd plenary session in Astana Independence Palace today. Head of the State Nursultan Nazarbayev is expected to participate in it. The event will bring together heads of state bodies and national companies of Kazakhstan, chiefs of foreign companies working in our country. The session will be devoted to discussion of foreign companies' participation in diversification and technological development of Kazakhstan. The Council of Foreign Investors under the Kazakh President was founded by the Presidential Decree No 3985 as of June 30, 1998 with the aim of ensuring direct dialogue with the investors functioning in Kazakhstan as well as operative solution of problematic issues connected with investment activity. The Council is headed by President N. Nazarbayev who manages its activity, approves the agenda and chairs its sittings. The Council also includes Prime Minister, Chairman of the National Bank, Minister of Foreign Affairs, Minister of Industry and Trade, Minister of Economy and Budget Planning, Minister of Finances, Chairman of the Committee for Investments of the Ministry of Industry and Chairman of the Inter-departmental Commission for consideration of foreign investors' claims. From the foreign side, the Council consists of leaders of international financial organizations and foreign companies. The Committee for Investments of the Ministry of Industry is a working body and coordinator of the Council.


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