Kazakhstan hopes to join WTO this year

Kazakhstan hopes to join WTO this year

The Foreign Minister of Kazakhstan, Erlan Idrissov, hopes that in 2015 the Republic will join the World Trade Organization (WTO). 

 

"We are working in different directions, last year Kazakhstan successfully completed negotiations with the European Union on a new agreement aimed at expanding partnership and cooperation, the country's accession to the WTO. We hope that both processes will be completed this year," Novosti-Kazakhstan cited him as saying.

 

Idrissov recalled that on 20 January Kazakhstan initialed the text of the agreement with the European Union, and expressed hope that this year Kazakhstan will be able to sign this agreement and begin to work in this direction," he added. 

 

According to the minister, "the WTO has great political importance, and not only economic". "Because it is a balancer of the foreign economic relations of Kazakhstan. Through the WTO, we will get access to an extensive global trading system, to its standards, rules and regulations, and the same rules will apply in respect ti Kazakhstan to trade with other countries, so the WTO for us is also a point of growth, and we are consistently working in this direction," RIA Novosti cited the head of the Foreign Ministry.

 

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