The PPEPI initiative aims to strengthen economic ties between the United States and Kazakhstan, foster the country’s economic growth and diversification of industries. 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 removal of 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 generous support from USAID, the American Chamber of Commerce 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.
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Attached please see Russian versions of the articles published in the July issue of Investors' Voice magazine devoted to PPEPI.