Foreign Minister of Kazakhstan Yerlan IDRISOV:
WIN-WIN IDEAS MAKE THE CORE OF KAZAKHSTAN'S FOREIGN POLICY OF DIVERSIFICATION
Foreign Minister of Kazakhstan Yerlan IDRISOV summed up the results of Kazakhstan's chairmanship in CSTO, highlighted EXPO-2017 benefits for Kazakhstan, shared Astana's dream to open up a floor for dialogue for the OSCE, NATO, CSTO, SCO, CIS, and held his fingers crossed for a fast progress in signing the Kazakh-Russian Alliance Document for the 21st century.
Head of First Factoring Company, Tolegen MULDASHEV:
FACTORING IS EXPENSIVE, BUT VERY EFFECTIVE
Factoring, a form of business financing for manufacturers and suppliers who conduct commercial activity on the terms of payment deferment, got developed in Kazakhstan in 2009, the post-crisis year, but up to now it remains ‘a dark horse’ in the lending market. General Director of First Factoring Company Tolegen MULDASHEV tells Interfax-Kazakhstan how the factoring financing differs from bank lending and what prevents factoring services from developing in Kazkahstabn.
JSC Astana-Finance Managing Director Daniyar NURSKENOV:
THE FUTURE OF THE COMPANY WILL DEPEND ON THE CREDITORS' DECISIONS AND MARKET
JSC Astana-Finance launched talks about restructuring in
2009. The restructuring process is not over yet and the talks are still ongoing.
Daniyar Nurskenov, the managing director of JSC Astana-Finance, has told Interfax-Kazakhstan
about the progress of the talks in an interview.
Chairman and Chief Executive Officer of Ernst & Young James TURLEY:
"NEW INVESTORS ARE STILL APPREHENSDIVE OF INVESTING IN KAZAKHSTAN"
The Kazakh government has made a series of steps to bring in more foreign investments into the country: the work on the national investment plan is underway and simplification of visa regime for investors is most likely to come next. Chairman and Chief Executive Officer of Ernst & Young, James TURLEY, offered his opinion on the investment climate in the country and related global economy trends.
ACTING HEAD OF THE EURASIA COMPETITIVENESS PROGRAMME OF THE ORGANIZATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD) ANTONIO SOMMA:
"KAZAKHSTAN HAS TO BENEFIT FROM THE AGRICULTURAL SECTOR DEVELOPMENT."
Kazakhstan has drafted a national plan for attracting foreign investment, under which it proposes to achieve 15% growth in the amount of foreign investment in the processing sector by 2015 through giving major investors additional tax breaks. Antonio SOMMA, Acting Head of the OECD Eurasia Competitiveness Programme, has told Interfax-Kazakhstan about the OECD recommendations for Kazakhstan and advantages that some sectors of the national economy possess.
Fattah Finance CEO ZARATKAZY NURPIISOV:
"TRADITIONAL BANKS WILL LOSE MANY OF THEIR CLIENTS AS ISLAMIC FINANCING GAINS
For several years Kazakhstan has been trying to develop the
market of Islamic financing. The CEO of Fattah Finance JSC, Kazakhstan's first
Islamic finance company, Zaratkazy Nurpiisov has shared his thoughts
on the current situation in the sector and its future prospects.
Samruk-Kazyna Deputy Chairman Elena Bakhmutova:
"WE ARE LOOKING AT ALL OPTIONS OF RAISING THE EFFIENCY OF ALLIANCE BANK AND TEMIRBANK, INCLUDING THEIR MERGER."
The topic of merger of some banks controlled by the Samruk-Kazyna state fund has been high on the agenda lately. Alliance Bank and Temirbank are considered the foremost candidates for such a move. The Deputy Chairman of Samruk-Kazyna's Management Board Elena BAKHMUTOVA has agreed to answer the questions of Interfax-Kazakhstan.
Head of Kazakhstan Media Alliance ADIL DZHALILOV:
"The Broadcasting Law may have dire consequences for Kazakhstan's television and its audience"
The Law "On Television and Radio Broadcasting," signed in January by the President of Kazakhstan Nursultan Nazarbayev and seen as controversial by many human rights groups and media organizations has been a subject of heated debates. Member of Soros-Kazakhstan board of trustees, the chairman of Kazakhstan Media Alliance, Adil DJALILOV, talked with the Interfax-Kazakhstan news agency about possible repercussions the law may have on the media.
ORKEN Invest Managing Director Damir SEISEBAYEV:
"RECENTLY I HAVE BEEN HEARING RUMORS ABOUT SPLIT-UP OF THE EUROZONE AND ABOUT THE END OF THE WORLD"
Russian President Dmitry MEDVEDEV told journalists a few days ago that he was concerned more about the global economy and, in particular, the crisis of the Eurozone than by the unrests in Kazakhstan. In his opinion, the situation in the global markets has “a much more powerful effect on our countries, our domestic economies and our people.” Damir SEISEBAYEV, the managing director of JSC ORKEN Invest, told Interfax-Kazakhstan how the Kazakh economy responds to the crisis that is shaking the West and shared his ideas as to whether the Eurozone will split up and what drastic events may happen in the world in 2012.
Presidential Adviser for Political Affairs Yermukhamet YERTYSBAYEV:
"KAZAKHSTAN'S PARLIAMENTARY ELECTIONS WILL HAVE NONE OF THE FUSS THAT ACCOMPANIED RUSSIA'S PARLIAMENTARY RACE"
The voting day to round off Kazakhstan's parliamentary election campaign is less than a month away. The Presidential Adviser for Political Affairs Yermukhamet Yertysbayev has shared his forecast on the results of the Majilis elections and gave his assessment of the turbulent elections to the Russian Duma.