Problems and prospects of investment cooperation of Kazakhstan and the European Union

The article explores the formatiomt and development of investment cooperation between Kazakhstan and the countries of the European Union. The dynamics, species structure and industry priorities of the accumulated and annual mutual investments between Kazakhstan and the EU countries are analyzed, and...

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Main Authors: A. A. Arupov, A. B. Otarbayeva
Format: Article
Language:English
Published: Institute of Economics under the Science Committee of Ministry of Education and Science RK 2020-09-01
Series:Экономика: стратегия и практика
Subjects:
Online Access:https://esp.ieconom.kz/jour/article/view/219
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author A. A. Arupov
A. B. Otarbayeva
author_facet A. A. Arupov
A. B. Otarbayeva
author_sort A. A. Arupov
collection DOAJ
description The article explores the formatiomt and development of investment cooperation between Kazakhstan and the countries of the European Union. The dynamics, species structure and industry priorities of the accumulated and annual mutual investments between Kazakhstan and the EU countries are analyzed, and the main problems of reducing the investment flow from the European Union are identified.The purpose of the study is to identify the problematic aspects of cooperation between Kazakhstan and the EU countries, to consider methods to improve the investment attractiveness of Kazakhstan for foreign investors, which contributes to the further development of investment relations.The article used methods for describing and analyzing special scientific books, reports of state bodies, legal acts and other sources on investment relations. The method of SWOT analysis was used, on the basis of which it is possible to identify the strengths and weaknesses of Kazakhstan for investors.The result and conclusions of the study. The scale of investment cooperation between Kazakhstan and the EU countries, carried out on a developing institutional basis, however, the investment flow has an uneven trend. The EU is a key Kazakhstan partner in investment import processes.For the countries of the united Europe, the mining industry of Kazakhstan is of particular interest and changes in raw material prices lead to a decrease in investment flow. To avoid dependence on energy prices, Kazakhstan needs to develop separate investment projects with priority countries of the European Union, and eliminate factors such as bureaucracy, corruption, etc.It is proposed to increase motivation to create individual preferences for foreign investors from EU countries.In addition to cooperation with the European Commission, pay attention to cooperation with a direct investor.
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spelling doaj.art-161573d6c841438f82e02b2d3bd458532023-03-13T07:45:29ZengInstitute of Economics under the Science Committee of Ministry of Education and Science RKЭкономика: стратегия и практика1997-99672663-550X2020-09-0115397110216Problems and prospects of investment cooperation of Kazakhstan and the European UnionA. A. Arupov0A. B. Otarbayeva1Институт мировой экономики и международных отношенийКазахский национальный университет им. аль-ФарабиThe article explores the formatiomt and development of investment cooperation between Kazakhstan and the countries of the European Union. The dynamics, species structure and industry priorities of the accumulated and annual mutual investments between Kazakhstan and the EU countries are analyzed, and the main problems of reducing the investment flow from the European Union are identified.The purpose of the study is to identify the problematic aspects of cooperation between Kazakhstan and the EU countries, to consider methods to improve the investment attractiveness of Kazakhstan for foreign investors, which contributes to the further development of investment relations.The article used methods for describing and analyzing special scientific books, reports of state bodies, legal acts and other sources on investment relations. The method of SWOT analysis was used, on the basis of which it is possible to identify the strengths and weaknesses of Kazakhstan for investors.The result and conclusions of the study. The scale of investment cooperation between Kazakhstan and the EU countries, carried out on a developing institutional basis, however, the investment flow has an uneven trend. The EU is a key Kazakhstan partner in investment import processes.For the countries of the united Europe, the mining industry of Kazakhstan is of particular interest and changes in raw material prices lead to a decrease in investment flow. To avoid dependence on energy prices, Kazakhstan needs to develop separate investment projects with priority countries of the European Union, and eliminate factors such as bureaucracy, corruption, etc.It is proposed to increase motivation to create individual preferences for foreign investors from EU countries.In addition to cooperation with the European Commission, pay attention to cooperation with a direct investor.https://esp.ieconom.kz/jour/article/view/219қазақстан республикасыеуропалық одақтікелей шетелдік инвестицияларынтымақтастықсауда айналымыинвестициялық тартымдылықреспублика казахстаневропейский союзпрямые иностранные инвестициисотрудничествотоварооборотинвестиционная привлекательность
spellingShingle A. A. Arupov
A. B. Otarbayeva
Problems and prospects of investment cooperation of Kazakhstan and the European Union
Экономика: стратегия и практика
қазақстан республикасы
еуропалық одақ
тікелей шетелдік инвестициялар
ынтымақтастық
сауда айналымы
инвестициялық тартымдылық
республика казахстан
европейский союз
прямые иностранные инвестиции
сотрудничество
товарооборот
инвестиционная привлекательность
title Problems and prospects of investment cooperation of Kazakhstan and the European Union
title_full Problems and prospects of investment cooperation of Kazakhstan and the European Union
title_fullStr Problems and prospects of investment cooperation of Kazakhstan and the European Union
title_full_unstemmed Problems and prospects of investment cooperation of Kazakhstan and the European Union
title_short Problems and prospects of investment cooperation of Kazakhstan and the European Union
title_sort problems and prospects of investment cooperation of kazakhstan and the european union
topic қазақстан республикасы
еуропалық одақ
тікелей шетелдік инвестициялар
ынтымақтастық
сауда айналымы
инвестициялық тартымдылық
республика казахстан
европейский союз
прямые иностранные инвестиции
сотрудничество
товарооборот
инвестиционная привлекательность
url https://esp.ieconom.kz/jour/article/view/219
work_keys_str_mv AT aaarupov problemsandprospectsofinvestmentcooperationofkazakhstanandtheeuropeanunion
AT abotarbayeva problemsandprospectsofinvestmentcooperationofkazakhstanandtheeuropeanunion