High-level government and business officials from the Republic of Kazakstan will be in New York City and Boston from July 12-26th to participate in a USAID-sponsored training program on the U. S. securities markets, announced Bruce A. Reznik, president of Legal Technical & Advisory Services (LTAS), the training provider. LTAS, headquartered in Washington, D.C., specializes in developing and providing training programs on legal and commercial topics to government and business officials of former command economies. This program is administered by the Global Training for Development project of the Academy for Educational Development.

"This mission is timed to coincide with the public tender of shares of 32 select state-owned enterprises of Kazakstan," remarked Reznik. "The caliber of the organizations meeting with this delegation is indicative of Kazakstan's tremendous potential and the investment opportunities it offers."

In New York, the Kazakstani delegation will be meeting with officials of the following financial institutions: JP Morgan; Salomon Brothers; Morgan Stanley Asset Management; Bear Stearns; The Bank of New York; CS Boston; Citibank; Scudder, Stevens & Clark; Cross Border Enterprises; AIG Silkroad Asset Management Fund; Columbus Advisers and Multilateral Funding, Inc. The delegation will also meet with the New York-based, international law firms of Winthrop, Stimson, Putnam & Roberts; LeBouef, Lamb, Greene & MacRae; and Patterson, Belknap, Webb & Tyler.

In Boston, the Kazakstani delegation will meet with officials of Fidelity Research and Management, The New England Funds, State Street Bank, Dalbar, Inc., The Colonial Group, and the Central Asian-American Enterprise Fund.

Reznik explained that the purpose of this delegation is for delegates to become better acquainted with U.S. and international investment practices and to meet U.S. money managers and service firms with a potential interest in Kazakstan.

Financial institutions, journalists and executives interested in meeting with the Kazakstani delegation are asked to contact:

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