Kazakhstan is actively
strengthening its position in the regional economy, becoming a place for
attracting foreign investments and developing venture capital. The role of the
country and the Central Asian region in the global financial system was
discussed at a conference in Astana. The meeting of representatives from
international organizations, experts, and the financial sector was organized as
part of a series of events marking the 80th anniversary of the Bretton Woods
system. At the Astana International Financial Centre (AIFC), the participants
also addressed issues related to the development of trade integration, main macroeconomic
trends, and, of course, Kazakhstan's role in global and regional economic
processes. According to experts, in the face of current geopolitical
challenges, the world needs new approaches for cooperation with foreign
partners. Notably, they are being actively implemented at the AIFC platform.
«The conference is organized to
discuss new solutions for existing financial challenges, including
fragmentation, regionalization, and globalization. While globalization was a
key topic 10-15 years ago, its importance has diminished somewhat due to various
geopolitical risks and challenges. Our goal is to attract investors, host
conferences and discussions, and demonstrate that the level of real risk is not
as high as they might think. We also aim to showcase our work as the country
and the region, noting opportunities available here,» said Renat Bekturov, Governor of the Astana
International Financial Centre.