Bektenov's EAEU assessment Investment and cooperation

Oct 2

After Turchin's introduction, Olzhas Bektenov thanks the hosts and recalls the previous day's INNOPROM discussion. He describes stable but uneven EAEU economic development: first-half GDP growth of 1.1% versus 1.8% a year earlier; fixed-capital investment rising 17% in current prices to $244.5 billion but reaching only 92.8% of the previous year's level in real terms; services up 0.5% and goods production down 0.7% in the first quarter. He proposes accelerating digital transport corridors, describes Kazakhstan's Smart Cargo and AI transport systems, and calls for stronger joint industrial projects under the programme through 2030. He distinguishes nominal manufacturing growth from a 0.6% real production-index increase. He says the agricultural warehouse-receipt agreement took effect in June and describes collateral, credit, cross-border trading and warehouse-information benefits, urging practical implementation. He expresses readiness to support the meeting's documents; the policy proposals are not themselves enacted decisions.

Bektenov presents stable but uneven EAEU development, distinguishing 17% nominal investment growth from a real level of 92.8% of the previous year and citing slower GDP growth. He calls for investment and production support and joint industrial projects through 2030, also distinguishing nominal manufacturing growth from a 0.6% real production-index increase. These are his assessment and policy proposals.