Strengthening cooperation with all Eastern European countries

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.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Many countries, one market

New rules for the EU's single market will make it easier to live and do business anywhere in Europe. more »

EU budget review – MEPs welcome new ideas but miss real revision

MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday. more »

The European Commission grants € 9.5 million to support the electoral process in the Central African Republic

On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic. more »

Crisis management in the banking sector

New EU framework for crisis management in the financial sector for managing problems before they spiral out of control. more »

Out of the crisis and towards European economic governance

The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday. more »

1 181 former workers of Heidelberger Druckmaschinen AG to get help worth €8.3 million from EU Globalisation Fund

The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF). more »

Taxing the financial sector

Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis. more »

EIB and African Development Bank finance first large-scale wind farm in Africa

The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago. more »

2011 budget - MEPs make room for new policy priorities

MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing. more »

Globalisation Fund: Budgets Committee backs aid to Portugal, the Netherlands, Spain and Denmark

The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies. more »