Monday, June 29, 2015

EXPO - MILANO - Nazarbayev Announces Extension of Visa Free Regime for 20 Countries

President of Kazakhstan Nursultan Nazarbayev announced that his country will extend and expand the trial visa-free regime announced last year and due to end this July. Now, citizens from 20 countries will not need visas for short trips to Kazakhstan, he announced at a Kazakh-Italian business forum in Milan on June 27. About 20 agreements for a total amount of $500 million were also signed at the forum.
The Kazakh delegation headed by Nazarbayev visited Milan to take part in a ceremony dedicated to the National Day of Kazakhstan at EXPO Milano 2015 as well as to visit the business forum. The President also held bilateral talks with Prime Minister of Italy Matteo Renzi.
Delivering a speech at the business forum, Nazarbayev said, “Investors are given the opportunity to attract foreign labour without any quotas and permits. Besides, we have established a visa-free regime for investors from 10 countries, including Italy. From July 15, we will prolong the visa-free regime for investors, and extended it for another 10 countries: Switzerland, Spain, Belgium, Hungary, Monaco, Singapore, Australia, Norway, Sweden and Finland. I think not many countries in the world can offer such beneficial conditions for investors."
The Eurasian Economic Union (EAEU) with an integrated single market of 180 million people makes Kazakhstan attractive for investments, Nazarbayev pointed out. The trade bloc of Kazakhstan, Russia, Belarus, Kyrgyzstan and Armenia introduces a free movement of goods, capital, services and workforce. Kazakhstan can be considered as a gate to the EAEU, he explained.
Read article HERE

INC News, 29/06/2015 - via AK ZHAIK

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