THE KEY TO SUCCESS – A CONTINUOUS MOVEMENT FORWARD

  blog/THE KEY TO SUCCESS – A CONTINUOUS MOVEMENT FORWARD

THE KEY TO SUCCESS – A CONTINUOUS MOVEMENT FORWARD

October 11, 2019

In November, the Embassy of the Republic of Kazakhstan in Latvia will be opened in Riga, thus indicating that the economic cooperation between the two countries will become even closer. On October 3, Kairat Kambarov, the Counsellor of the Republic of Kazakhstan in Latvia, and representatives of the Baltic-Kazakhstan Economic Development Association visited Rezekne. The purpose of the visit was to get acquainted with the regions of Latvia. It should be noted that this was the first official visit of the diplomatic representative of the Republic of Kazakhstan to Rezekne since the restoration of the independence of the Republic of Latvia. The visit was organized by the Rezekne Special Economic Zone (RSEZ) Administration, the delegation met with representatives of the Rezekne City Council and Rezekne Municipality Council, visited several sites of RSEZ, as well as visited Rezekne Academy of Technologies.

Kazakhstan is currently experiencing rapid economic growth and innovation, therefore the country is open for cooperation in high-tech projects. Particularly for this reason, the RSEZ company LEAX REZEKNE deserved special interest and appreciation of the guests. In turn, local entrepreneurs expressed their interest of participating in construction tenders, as well as in establishing joint ventures in Kazakhstan. The export possibilities of Latvian products to the Kazakhstan were also discussed.

Kazakhstan plays an important role being located at the junctions of the New Silk Road, which is why Kairat Kambarov emphasized the prospects of this transport corridor during the meeting. As well, Latvia's geographical location and modern transport and logistics infrastructure offer is a logical part of the New Silk Road thus offering ever greater opportunities for cooperation.

During his visit, Mr Kambarov presented to all participants the monograph of the First President of the Republic of Kazakhstan Nursultan Nazarbayev entitled "The Era of Independence", which is translated and published in Latvian. The book emphasizes that the most important lesson learned from the history of independent Kazakhstan is that it is possible to break any unfavourable trend, overturn any negative predictions, and achieve the most ambitious and unattainable goals – the key to success is continuous movement forward.

Macroeconomic figures show that Kazakhstan has made an amazing breakthrough, in the short term, turning from a completely ruined post-Soviet country into a modern and advanced state. According to the Bloomberg, quoting Nazarbayev, foreign direct investment in Kazakhstan has been € 300 billion in the last 20 years. This has been achieved through attractive tax incentives and state aid policies for the investors.

Rastislav Lee, owner of the Kazakh company Eko Air, Alexander Vidyakin and Yevgeny Pavlov, representatives of the Kazakh company Eko Air, also visited Rezekne as part of the Kazakh delegation.

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