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U.S-Kazakhstan Public-Private Economic Partnership Initiative Launches Operations In Astana

March 31, 2009

The first Coordinating Committee Meeting of the U.S.-Kazakhstan Public-Private Economic Partnership Initiative (PPEPI) will take place on April 1 at the Radisson Hotel in Astana.  
 
The PPEPI initiative aims to strengthen economic ties between the United States and Kazakhstan, and foster Kazakhstan’s economic growth and economic diversification, which will help pave the way for further foreign investment.  PPEPI was conceived within the U.S. Department of State and the Office of the Prime Minister of Kazakhstan and took concrete form in mid-2007 during a meeting in Astana between Frank Mermoud, State Department Special Representative on Commercial and Business Affairs, and Prime Minister Karim Massimov of Kazakhstan.
 
In close collaboration with the Prime Minister’s Office, the initiative will work to develop an attractive, transparent and predictable investment climate. Efforts will include removing legislative and administrative barriers to investment, strengthening respect for contracts and the rule of law, reducing corruption and enhancing Kazakhstan’s strong record on economic reform.
 
With support from the American people through the U.S. Agency for International Development (USAID), the American Chamber of Commerce (AmCham) in Kazakhstan will serve as PPEPI Secretariat and provide essential organizational services for this new initiative. All partners in PPEPI, both in Kazakhstan and in the United States, will have roles to fulfill in this program, which will enable the private sectors of both countries, together with the Government of Kazakhstan, to contribute to the dialogue on reform. 
 
The April 1 meeting will include the most senior representatives of all partners in this new program:
 
 • U.S. Ambassador Richard Hoagland
 • Kazakhstan Deputy Prime Minister Yerbol Orynbayev
 • USAID Central Asia Regional Director William Frej
 • AmCham President Kenneth Mack
 • Atameken Chairman Azat Peruashev
 • Forum of Entrepreneurs Chairman Raimbek Batalov
 • U.S.-Kazakhstan Business Association
 
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The meeting will be followed by a press conference at 4pm at the Radisson Hotel in Boardroom 2. Press should arrive early to set up and promptly begin at 4pm. Both U.S. Ambassador Richard Hoagland and Kazakhstan Deputy Prime Minister Orynbayev will take part in the event.

For more information, please contact Sanjay Srikantiah at the American Chamber of Commerce, tel: +7 (727) 258-79-38/39/40, Sanjay.Srikantiah@amcham.kz

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