EASTERN EUROPE AND KAZAKHSTAN: NEW HORIZONS OF COOPERATION
Published:
1 November 2003 y., Saturday
In 2004 ten of Eastern and Central European countries (ECE) will enter the European Union; it will be record quantity of new members for all the EU history.
Positive and evident experience of Single Europe members urges on potential members to meet a number of necessary requirements for of the Western-European investments inflow and therefore possible increase of living standards at present or in prospects.
The entering of these countries to the European Union can benefit not only them, but also traditional partners of Central and Eastern Europe such as Kazakhstan. Now available investments inflow from the EU members and recent the Brussels grants allowed to recover the some economic sectors and to increase the export level with other states, including Kazakhstan.
For example, the purchase by German “Volkswagen” rather unprofitable in the beginning of 1990s automobile factory “Skoda” in Czech Republic and some affiliated companies in Slovakia. The company has already created number of dealers in Republic of Kazakhstan. Working on prospect, it often signs leasing agreements with business partners.
The European companies investments to Polish economy allowed to develop hi-tech manufactures: computer production, video-audio techniques. Due to the Western technology and the low cost price the goods are attractive not only in the CIS, but in Europe.
In Hungary cooperation of automobile factory «Ikarus» with Swedish company "Volvo" allowed to improve bus manufacture. The trade mark is traditionally well-known in the former Soviet republics.
The European partners’ investments to Romanian economy were more helpful than for other Eastern European states. After the disintegration of the single economic market of socialist countries the state lost not only in economic, but also in political sphere.
Mainly due to the Western help Romania managed to support enterprises and keep workplaces, and that in turn it lowered social excitements and interethnic collisions. France, the active and developed EU member invested Romanian oil sphere that allowed to improve oil and gas refining and to increase hydrocarbons import volume from the Caspian sea and Siberia. Romania considers Kazakhstan as the main oil partner in the CIS except Russia. According to Romanian government the Caspian oil should be transported to Europe via Romanian sea ports in Black Sea. That was the aim of Romanian President Emil Constantinescu’s visit to Kazakhstan in the end of 1990s.
Investments to Slovenia and Bulgaria allowed to increase traditional production – the household chemical goods, utensils, pharmaceutics, goods which are popular in our country. Slovenian pharmaceutical giant – company "KRKA" opened number of joint ventures in Kazakhstan, creating workplaces for our citizens.
The Baltic States broke a record in attracting investments among the Eastern European countries. This allowed to quickly pass unpleasant, but necessary transformational processes in economic and political sphere. Finland and Germany created many joint ventures in Estonia and Latvia, thus improved competitiveness of the Baltic goods, many of which are exported mainly to the CIS countries. For example, in Latvia the Riga diesel factory delivers locomotives and cars, qualitative and inexpensive diesel stations which are attractive for the CIS countries. There are a lot of joint ventures both in Kazakhstan and the Baltic States. The activity of association «KazBalt» is very beneficial for the partners.
Moreover, in New Europe delegates from the Eastern European states will have influence in the decision-making process. It is important to pay attention to strengthening cooperation with all Eastern European countries.
Šaltinis:
KAZINFORM
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Mr. Olli Rehn, European Union Commissioner, and Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following joint statement on Greece.
more »
The offering of shares of the new issue will commence on 03-05-2010.
more »
The World Bank today approved a $12 million IDA credit to Bhutan, designed to improve infrastructure services in parts of the capital city of Thimphu where no formal services are currently available.
more »
Fisheries ministers and stakeholders alike will be discussing the future shape of the EU's Common Fisheries Policy at two major events in Spain over the next days. On 2 and 3 May, in La Coruña, the Commission and the Spanish Presidency are organising a large stakeholder conference on the reform of the Common Fisheries Policy.
more »
Asia is leading the global recovery and the region’s contribution to global growth will continue to exceed that of other regions in the next two years, the International Monetary Fund (IMF) said today in its latest Regional Economic Outlook (REO) for Asia and the Pacific.
more »
The EBRD is supporting the modernization of the electricity distribution network and the development of renewable energy sources in Poland with a PLN 800 million loan (equivalent to approximately €205 million) to the Energa energy group in order to help the company strengthen its power grid.
more »
At the beginning of the summer this year, Vilnius will become the capital of the Baltic Sea region. On 1-2 June 2010, the city will host the Baltic Sea States Summit and the Baltic Development Forum (BDF) Summit.
more »
Visitors of the World Expo 2010, which will open in the Chinese city of Shanghai on May 1st under the slogan “Better City, Better Life” and will last for 184 days until the end of October, are kindly invited to get into a hot air balloon at the Lithuanian Pavilion.
more »
According to preliminary data, unaudited net loss sustained over the first quarter of the year 2010 by SEB Bank is LTL 59,4 million (EUR 17,2 million) and that by SEB Bank Group is LTL 80,3 million (EUR 23,3 million).
more »
European Globalisation Adjustment fund (EGF) aid must be delivered faster and more simply to unemployed workers hit by the financial crisis or globalisation, concluded the Budgets and Employment committees after evaluating the fund on Wednesday.
more »