A recent article in The Astana Times highlights the importance of SMEs to Kazakhstan’s economy, where they are seen as the largest source of future growth and employment. So much so that the government there has made the competitiveness of SMEs and support to entrepreneurship a cornerstone of its “Kazakhstan 2050 Strategy”. This sets out calls for reforms deemed vital to securing Kazakhstan’s place among the top 30 global economies by 2050.
SMEs central to economic policy
This recognition that SMEs represent the country’s future and are key to securing economic growth has led to moves to place them
“at the heart of any economic policy aimed at stimulating growth”. (Arancha Gonzalez, Astana Times)
Kazakhstan’s accession to the World Trade Organisation is an important factor in driving the success of SMEs in global markets: it is hoped it will ensure transparent, fairer and clearly established rules for SMEs trading with other countries.
All good news for Kazopp – we’ve been in contact with Kazakhstan SMEs for many years and are always keen to talk to UK SMEs looking to partner with companies in Kazakhstan. We help UK SMEs interested in export opportunities by facilitating partnerships with our contacts in Kazakhstan and help to ensure a hassle free transition into doing business there.
This week, we’re at the UKTI South West Export Fair in Bristol, talking to companies about the opportunities currently available in the oil/gas and construction industries.
Are you ready to unlock your export potential?
If so, catch us at the Export Fair or get in touch today.