Ambassador Zhigalov Speaks to Business Leaders in Montreal

February 16, 2017

Kazakhstan’s Ambassador participated in a business seminar in Montreal

On February 15, 2017 in Montreal, H.E. Konstantin Zhigalov, Ambassador of Kazakhstan to Canada participated as a keynote speaker in a business seminar that was organized by Export Quebec and dedicated to Kazakhstan. The main goal of the event was to introduce Canadian companies to the country’s current socio-economic development and prospects of bilateral business partnership. The seminar was attended by representatives of the Ministry of Economy, Science and Innovation of Quebec, Export Development Canada, as well as more than 20 mining and engineering companies of Quebec.


In his presentation, the Ambassador highlighted the key priorities of the President’s State of the Nation Address “Third Modernization of Kazakhstan: Global Competitiveness”, “100 concrete steps” Plan and the “Nurly Zhol – Path to the Future” Program, which provide for the further transformation of Kazakhstan’s economy, development of transportation and logistics, industrial, energy, housing and social infrastructure in Kazakhstan. Guests and participants of the seminar were informed about preparations for “EXPO-2017” International Exhibition, plans on creation of an Astana International Finance Center, “Western Europe ‒ Western China” project and other large-scale infrastructural projects.

Ambassador Zhigalov stressed that the successful modernization of Kazakhstan’s economy goes hand to hand with a constitutional reform proposed by President Nazarbayev. The essence of the reform is to transfer a significant part of the powers from the Head of the State to the Cabinet and Parliament, whose role in the country’s political life will be extended largely.

Canadian companies have been invited to participate in the implementation of the objectives of Kazakhstan’s new economic policy in the form of investments, transfer to our country knowledge and new technologies. Their representatives welcomed the decision of Kazakhstan’s Government to prepare a new Code “On Subsoil and Subsoil Use”, initiatives to introduce new preferences for investors, including the lifting of the visa regime for the countries that are largest investors in Kazakhstan’s economy.