Kazakhstan Chamber of Commerce in the USA

KazCham



Kazakhstan Daily News Roundup – June 7, 2010 0

Posted on June 07, 2010 by KazCham

Silk Road Intelligencer: Kazakhstan Daily News Roundup

HEADLINES:

(bne) – Confident in the revival of the Kazakh economy on the back of rising commodity prices and strong government support, the mood among delegates at the Annual Fitch Ratings Conference on Kazakhstan was optimistic, despite lingering worries about the banking sector.

Sberbank to decide on BTA acquisition in 2010
(SRI) – Sberbank plans to finalize its decision whether to buy a stake in Kazakhstan’s BTA Bank this year, head of the Russian bank, German Gref, said on Friday in a shareholders’ meeting.

Total, Statoil sign cooperation agreements with KazMunaiGas
(SRI) – France’s Total and Norway’s Statoil signed separate agreements with Kazakhstan’s oil and gas company KazMunaiGas to explore offshore blocks in the Caspian Sea.

ENERGY:

Cameco, Kazatomprom in talks to launch uranium conversion plant (SRI)

Kazatomprom could increase production to 25,000 tons – VP (SRI)

China, Kazakh pipeline expansion on Hu visit agenda (Reuters)

Anti-Monopoly Agency approves Gazprom Neft’s purchase of gas stations (SRI)

Ten million tons of oil produced in North Buzachi field in Kazakhstan (TREND)

BTC pipeline throughput increasing in 2011 (Penn Energy)

BUSINESS AND ECONOMY:

Lessons to be learnt from Kazakhstan (Financial Times)

Kazakh participation in Customs Union constitutional – judge (Itar-Tass)

Kazakhstan studies possibility of building grain terminal in Azov Sea ports (AgriMarket.Info)

Kazakhstan waste sulfur poses serious ecological problem (New Europe)

National Bank of Kazakhstan: Exchange rates June 5-7, 2010 (Kazakhstan Today)

Indicators – June 4, 2010 (Reuters)

METALS AND MINING:

ENRC finalizes $400-million loan deal (SRI)

Evraz to build steel mill in Kazakhstan (SRI)

Alhambra announces Q1 2010 financial and operational results (Marketwire)

POLITICS:

Kazakhstan shows off military might (EurasiaNet)

SOCIETY:

Economic crisis crimps Astana’s grand plans for higher education (EurasiaNet)

REGIONAL:

Gates, in Baku, seeks to shore up Afghan supply chain (Reuters)

Turkey hosts Eurasian summit amid Israel storm (Reuters)

SOURCE: http://silkroadintelligencer.com/

Kazakhstan Daily News Roundup – June 4, 2010 0

Posted on June 06, 2010 by KazCham

Silk Road Intelligencer: Kazakhstan Daily News Roundup

Central bank urges sale of BTA and Alliance
(SRI) – Samruk-Kazyna should expedite the sale of its majority stakes in BTA Bank and Alliance Bank, Kazakhstan’s central bank chairman Grigoriy Marchenko stated, saying that the state should not have a major shareholding role in the countries’ commercial banks.

Central bank has no plans to relax exchange rate movements
(SRI) – The National Bank of Kazakhstan will not relax the volatility limit on tenge trading from current 0.3 percent per official trading session, central bank chairman Grigoriy Marchenko said on Thursday.

Kazakh president rejects draft law on special powers
(Reuters) – Kazakh President Nursultan Nazarbayev on Thursday rejected a draft law to make him “Leader of the Nation” and grant him special powers for life if he resigned, showing he is not about to quit as head of state.

ENERGY:

Samruk-Kazyna considering KazMunaiGas IPO (SRI)

Kazakh court upholds tax claim against Max Petroleum (SRI)

Kazmunaigas wants up to ten percent of KPO (Reuters)

Kazakhstan wants tighter oil drilling controls post BP spill (Telegraph)

BUSINESS AND ECONOMY:

Tengri Finance broker-dealer license revoked (SRI)

EBRD says in $121-million Kazakh restructuring fund (Reuters)

National Bank of Kazakhstan: Exchange rates June 4, 2010 (Kazakhstan Today)

METALS AND MINING:

ArcelorMittal Temirtau to restart construction of steel mill (SRI)

REGIONAL:

U.S. presses Azerbaijan, Turkey on gas transit deal (AFP)

No talks yet on new fuel deal with U.S. – Kyrgyzstan (AP)

Imprisoned Azeri journalist goes on hunger strike (Reuters)

SOURCE: http://silkroadintelligencer.com/

Chamber of Commerce and Industry of the Republic of Kazakhstan in the USA 9

Posted on January 05, 2010 by Sergey Sek

We are proud to announce the opening of an official representative office of the Chamber of Commerce and Industry of the Republic of Kazakhstan in the USA (“KazCham”).

Chambers of commerce have traditionally been the associations of enterprises engaged in trade, manufacturing and services. The predecessors of the medieval guild houses were merchants and artisans. The overall objective of the chambers around the world – protecting the interests of business and promoting their development.

Kazakhstan Chamber of Commerce and Industry (“Chamber”) was established in 1959 by decree of the Council of Ministers of the Kazakh Soviet Republic.

The Chamber represents interests of the Kazakhstani business community and provides a set of essential business services. The Chamber serves as the social and economic partner for small and medium-sized businesses in the dialogue with government, big business, as well as partners in foreign trade activities. The Chamber has signed over 70 cooperation agreements with foreign countries: Italy, UAE, Russian Federation, India, Turkey, Jordan, Syria, South Africa, Egypt, etc.

Each year, the Chamber, which has 16 regional chambers, provides 70 thousand services. Included are a number of expert and inspection services, consultations on foreign trade activities, assessment services for the customs value of goods, confirmation of documents on foreign trade transactions, the consideration of disputes arising between the partners.

When conducting business forums in Kazakhstan and abroad, visiting foreign markets as part of trade missions is a proven and cost-effective way to grow your business. A business visit, professionally planned and managed by Chamber specialists, allows one to achieve results much more efficiently than a few self-organized trips.

The practice shows that the majority of business contacts, organized and implemented by the Chamber, are effective.

Membership in the Chamber is voluntary.

After decades of hard work, the Chamber gained tremendous experience and serves for the benefits of your business.

In 2009 the Chamber of Commerce of the Republic of Kazakhstan celebrates its 50th anniversary.



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