Kazakhstan in a changing Eurasia

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Council on Foreign Relations

58 East 68th Street

New York, NY 10065

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8:00 a.m. - 9:00 a.m. | Registration Opens and Networking Breakfast

8:00 a.m. - 9:00 a.m. | Special Breakfast Session: Investment Opportunities in Kazakhstan | Sponsored by Kazakhinvest*

Question and Answer with Askar Uzakbaiuly Mamin, First Deputy Prime Minister of Kazakhstan

Kazakhstan is making concerted effort to attract foreign direct investment. The country now ranks 36th out of 190 states in the World Bank “Doing Business” rankings and, alongside Russia, has the best indicators among post-Soviet states. Recently, President Nursultan Nazarbayev revealed a large-scale institutional reform program, which comprises reforms in public administration, the regulatory framework, and the management of state-owned enterprises. The package of economic reforms is aimed at developing non-primary industries of the economy, creating new industries with the use of digital technologies and enhancing Kazakhstan’s appeal as an investment destination.

*Seating is limited. Pre-registration is required.

9:00 a.m. - 9:05 a.m. | Welcome Remarks by Foreign Affairs Editor

9:05 a.m. - 10:05 a.m. | Foreign Affairs Briefing

Foreign Affairs Briefings offer an informed and comprehensive overview of the key political dynamics and macroeconomic trends in the region. Creating economic growth, human capital, investment capital, affordable energy and modern infrastructure are proven sustainable growth drivers. What is the region doing to leverage these strategic advantages and what could help accelerate economic growth to assure its vitality in decades to come?

10:15 a.m. - 11:15 a.m. | Kazakhstan and the new Silk Road

The future of trade in Asia could rely greatly on what becomes of China’s expansive One Belt, One Road initiative, which calls for huge investment in and development of trade routes in the region. Located on the Eurasian continent, Kazakhstan is not only an important stronghold of the economic belt of the Silk Road, but also an important member of the Eurasian Economic Union. Kazakhstan’s future economic growth depends on the development of infrastructure and regional trade. The country aims to become the largest business and transit hub of the Central Asia region, a bridge between Europe and Asia.

11:30 a.m. - 12:30 p.m. | Simultaneous Breakout Sessions

Breakout 1: Innovation and Digital Transformation

The Digital Kazakhstan state program was approved in December 2017. It is an important plan that aims to improve the standard of living of every Kazakh citizen through the use of digital technologies. The plan is to implement the program within five years from 2018 until 2022 in five key areas: digitisation of the economy, transition to digital government, implementation of the Digital Silk Road, human capital development and creating an innovation ecosystem. Examples of successful ecosystems in Kazakhstan will be presented and we will take a closer look at how government bodies and private institutions play a key role in creating and nurturing talent and productivity, as well as looking at the role of investors in stimulating the economy.


Breakout 2: Kazakhstan’s Privatization’s Program: Tapping International Capital Markets

One of the main objectives of President Nazarbayev’s recent address to the nation, “New development opportunities under the Fourth industrial revolution,” is the acceleration of the implementation of the privatization plan. Kazakhstan’s $67 billion worth sovereign wealth fund Samruk-Kazyna has sold over 120 small and mid-sized firms and is preparing larger firms for sale under its privatization program.


12:30 - 1:30 p.m. | Networking Lunch


1:30 p.m. - 3:00 p.m. | One-on-one meetings and Investor Roadshow

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Council on Foreign Relations

58 East 68th Street

New York, NY 10065

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