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Matters of cooperation between Kazakhstan and UN Conference on Trade and Development discussed in Astana

16 May 2018, 17:57
Photo: primeminister.kz

Today in Astana Prime Minister Bakytzhan Sagintayev met with the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), Mukhisa Kituyi, who arrived in Kazakhstan to participate in the XI Astana Economic Forum.

At the meeting, issues of Kazakhstan’s participation in international trade, introduction of advanced standards and projects, promotion of trade in landlocked countries, as well as improvement of the financial system and antimonopoly legislation in Kazakhstan were discussed.

UNCTAD and Kazakhstan have been cooperating for several years in the framework of activities to facilitate international trade procedures and the introduction of advanced standards and projects. To date, the automated customs system ASTANA-1 has been successfully implemented in Kazakhstan. An agreement was signed between UNCTAD and the Committee of State Revenues of the Ministry of Finance of Kazakhstan on the introduction of the Single Window mechanism for export-import transactions.

For reference: Established in 1964 as a permanent intergovernmental body, the United Nations Conference on Trade and Development (UNCTAD) is the key organization of the General Assembly on trade and development issues and plays the role of a focal point within the United Nations system on development issues and related issues of trade, finance, technology, investment and sustainable development.

The mission of UNCTAD is to facilitate the integration of the developing, least developed countries (LDCs), and transition economies into the world economy and their development through trade and investment. To achieve its goals, UNCTAD conducts research and policy analysis, intergovernmental meetings, technical cooperation and interaction with civil society and the business sector.

The Secretary-General of UNCTAD is Dr Mukhisa Kituyi (Kenya), who took office on 1 September 2013.

194 countries are permanent members of UNCTAD, of which 151 countries are members of the TDB, including Kazakhstan and some other CIS countries.

Kazakhstan was admitted to the UN in 1992 and automatically became a member of the United Nations Conference on Trade and Development (UNCTAD). In 2008, Kazakhstan joined the Trade and Development Board (TDB) of UNCTAD, which is the main executive body of UNCTAD between the ministerial conferences held every four years. In 2008, Kazakhstan also was added to the List D, which includes countries with economies in transition.

 



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