The 5th meeting of the Business Council of “Kazakhstan-Canada” was held in Astana

The 5th meeting of the Business Council of “Kazakhstan-Canada” was held in Astana

Astana, November 24th - 25th, 2022 - The Plenary session of the fifth meeting of the Kazakhstan-Canada Business Council was held, which completed a series of meetings of the Working Groups (on energy; transport; agriculture; education and medicine) which took place throughout 2022.

The main goal of the event is to identify and promote specific areas of economic cooperation of mutual interest, as well as to create favorable conditions for the implementation of new joint projects.

The meeting was attended by a representative Canadian delegation: Special Representative of the Prime Minister of Canada in the EU and Europe Stephan Dion, Senators Victor Oh and Jean-Guy Dagenais, heads of large companies, including Cameco Corporation, Condor Energies, Bombardier, Hatch, De Havilland, as well as representatives from business associations and more than two dozen Canadian companies.

The Kazakh delegation consisting of representatives of the Ministry of Foreign Affairs, Ministry of Trade and Integration, Ministry of Industry and Infrastructural Development, National company Kazatomprom, the AIFC, KazakhInvest, as well as a number of Kazakhstani companies from various sectors of the economy of the Republic of Kazakhstan. In total, more than 100 people took part in the event.

Special Representative of the Prime Minister of Canada S. Dion and Senator V. Oh congratulated
K. Tokayev on the “convincing victory” in the presidential elections in Kazakhstan and welcomed the political reforms he (Tokayev) is carrying out, which, in their opinion, stimulate economic growth, including sustainable development, green energy and investment in human capital.

In his speech, the Ambassador of Kazakhstan to Canada A.Kamaldinov noted the significant potential in trade and investment cooperation, emphasizing the active development of partnership in the field of agriculture and mining. He also called for maximum use of the Business Council's platform for discussing and implementing new projects between the two countries.

Also, the participants of the Business Council were presented with overview reports on the work done in 2022 by the Co-Chairs of the meeting, Chairman of the Board of NAC Kazatomprom JSC E. Mukanov and President of the uranium company Cameco Corporation T. Gitzel.