Tenge devaluation to strengthen positions of Kazakh exporters: F.Pannier

KARAGANDA. February 5. KAZINFORM /Valentina Yelizarova/ ?Tenge devaluation is a timely decision?, head of ?ArcelorMittal Temirtau? Frank Pannier said; Kazinform reports.

?Last months we saw very strategic steps of the Kazakh Government on support of the national economy. Tenge devaluation is a strategic step for strengthening our business and all exporters of the country?, F.Pannier said. ?Ukraine made it a month ago. Russia conducts this process constantly. Competitiveness of the Kazakh producers suffered from it?, he noted. F.Pannier raised this problem at a meeting with Kazakh Prime Minister Karim Massimov within his recent visit to Karaganda oblast.