Business News

FM to Visit Kazakhstan in Mid-June

Ljubljana, 27 May (STA) - Foreign Minister Karl Erjavec is to visit Kazakhstan in mid-June accompanied by a business delegation in a move to promote trade and investments between the two countries, a panel on doing business with Kazakhstan organised by the Chamber of Commerce and Industry (GZS) heard on Monday.

During the visit scheduled for 12-14 June a business conference will be held and a bilateral commission for trade and economic cooperation will be in session.

Kazakhstan is one of Slovenia's strategic markets. Exports to the country have been on the rise in the past years and Slovenia exported more than EUR 11m to the country in the first two months of 2013, according to Aleš Cantarutti of the Slovenian Chamber of Industry and Commerce (GZS).

Cantarutti, the head of GZS's International Business Centre, told business representatives interested in entering the market of Kazakhstan on Monday that Slovenia could seize great opportunities in the country.

There is a lot of potential in exporting to Kazakhstan, he said. Slovenian drug maker Krka and household appliances maker Gorenje are present in the country and a growing number of small companies have also started to take advantage of Kazakhstan's economic growth.

So far 46 companies have expressed the wish to visit Kazakhstan with Erjavec, according to the Foreign Ministry.

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