«Nurly Zhol» – Way of Kazakhstan`s development

UAE investment companies intend to continue coop within "Nurly Zhol"

Kazakhstan business delegation headed by First Deputy Foreign Minister of Kazakhstan Mukhtar Tleuberdi has made a working visit to the United Arab Emirates.
World 24 November, 19:57

As the Ministry of Foreign Affairs informed, at the meeting with M. Tleuberdi, Minister of State for Foreign Affairs of the UAE Anwar Gargash, the sides discussed a wide range of issues of further development and deepening of trade and economic partnership, including the preparation  for the next 6th joint session of the Kazakh-UAE intergovernmental commission on trade-economic cooperation in January in Abu Dhabi.

State Minister for Foreign Affairs of the United Arab Emirates stressed that the relations between Kazakhstan and the UAE are developing at a high level.

"This meeting is especially important within the 25th anniversary of diplomatic relations between Kazakhstan and the United Arab Emirates", - added Mr. Gargash.

Having talks with Minister of State for International Cooperation of the UAE, Director General of the Bureau "Dubai EXPO-2020" Rima Ibrahim al-Hashemi the parties touched the cooperation in the framework of "EXPO-2017" and "EXPO-2020". 

M. Tleuberdi stressed that Kazakhstan highly appreciates the support of the UAE, especially the Agreement between "NC "Astana EXPO-2017" JSC and the Bureau of "Dubai EXPO-2020". 

In turn, the Rima al-Hashemi said the UAE attaches particular importance to increasing political and economic cooperation with Kazakhstan. The very fact participation of the UAE in "EXPO 2017" creates an excellent opportunity for a smooth integration.

Mutual investment cooperation was discussed with leading Emirati development institutions and financial institutions. In particular, there were negotiations with the leadership of the largest investment fund of Abu Dhabi.

M. Tleuberdi met with  Executive Director of the Investment Fund (ADIA) on foreign markets and shares of Abu Dhabi Obaid Al Suwaidi and told about the participation in the process of privatization of state assets and privatization of the Kazakh economy. Obaid Al Suwaidi expressed interest.

At the meetings with the leadership of Abu Dhabi Fund for Development (ADFD) and the Investment Corporation of Dubai (ICD), the parties confirmed the intention to continue cooperation in joint industrial and infrastructure projects within the state program "Nurly Zhol".

Members of the Kazakh delegation also visited a number of free economic and industrial zones of the UAE, including the largest SEZ "Jebel Ali".