– Kazakhstan supports the plans to relocate more than 250 international companies that withdrew from Russia – informed Kazakhstan’s Prime Minister Alikhan Smilov, quoted on Friday by Radio Svoboda.
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The prime minister said that companies such as Skoda, the medical divisions of General Electric, Philips and Honeywell have already moved their offices from Russia to Kazakhstan, or are in the process of relocating them.
In July, President Kasym-Żomart Tokayev instructed the government to prepare favorable conditions for the relocation to Kazakhstan of foreign businesses that had withdrawn from Russia after Moscow launched a full-scale invasion of Ukraine.
According to Tokayev, this will allow Kazakhstan to increase its production capacity and improve the investment climate. Earlier Tokayev refused to recognize the independence of the so-called separatist people’s republics in Donbas. He also firmly refused to send any troops to Ukrainealthough in January he used Moscow’s military help to suppress protests in his country.