Within the framework of the working visit of the Vice Minister Arystan Kabikenov, with the support of the Embassy of the Republic of Kazakhstan in Switzerland, a meeting was held on 27 February in Geneva with the Director of the Investment and Enterprise Division of UNCTAD, James Zhan.

During the meeting, issues of technical and consulting support to Kazakhstan from UNCTAD on the development of a model investment agreement, the prospects for holding training seminars on investment agreements and the implementation of the National Investment Strategy were discussed.

The Department of Investments and Entrepreneurship of UNCTAD specializes on the assistance and promotion of international investments, and also serves as the focal point for investment issues in the UN system, has 40 years of experience in international research and policy analysis on investment and enterprise development, facilitates the formation of intergovernmental consensus and provides technical Assistance to more than 160 countries.

Also, the department provides technical assistance, at the request of the state, in the following areas:

1) Capacity building in the development and implementation of investment strategies, policies and regulations.

• Examples of technical assistance implemented by the Department:
• consulting support in the development of investment attraction strategies for Serbia, Moldova and Honduras;
• advising Haiti and the Dominican Republic on the expansion of industrial zones, Jamaica — on special economic zones that promote investment in the renewable energy sector;
• consulting support of India and Kenya on the promotion of economically sound investment projects in the field of solar energy.

2) Issues related to institutional arrangements and effective governance for attracting foreign investment and preserving investments, in particular, assistance to investment promotion agencies. Surveys of investment promotion agencies that contain information on best practices in the activities of investment attraction agencies.

• Examples of technical assistance implemented by the Department:
• consulting and training for Zambia's Investment Promotion Agency to improve customer service, and the development of a client contract for this Agency;

The publication of the Guide for an investor in the Silk Road region.

3) Implementation of monitoring of international investment agreements (IIAs), development of negotiating guides on IIAs, and provision of expert advice on key issues of IIAs.

4) Organization of trainings on training and capacity building on IIAs at the regional and national levels.

 

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