Prime Minister of Kazakhstan discusses expansion of bilateral cooperation with Qatar State Ambassador

Prime Minister of Kazakhstan Alikhan Smailov held a meeting with the Ambassador of the State of Qatar in Kazakhstan Abdulaziz bin Sultan Al Rumaihi. 

As the head of the Government noted, Qatar is an important political and economic partner of Kazakhstan in the Arab world. Diplomatic relations were established 30 years ago. And in recent years there has been a consistent development of bilateral relations, which was facilitated by active contacts between the leaders of the two countries.

Alikhan Smailov reminded that the 6th meeting of the Kazakhstan-Qatar High Level Joint Commission was successfully held in October in Doha. A business forum was also organized with the participation of more than 150 entrepreneurs of the two countries.

"These events give a significant impetus to the expansion of our trade and economic ties. It should be said that last year the volume of Qatari investments in our economy increased 3 times. And for 10 months the volume of trade turnover has also increased almost 3 times. Nevertheless, it is clear that there is still potential for increasing trade and investment cooperation. We are interested in expanding the opportunities that we have. It is gratifying to note that now there are prospects for joint implementation of a number of projects in the agro-industrial complex," Prime Minister said. 

In particular, we are talking about the construction of a grain processing plant in Akmola region. The approximate cost of the project is $200 million. At the moment its concept and terms of partnership are being worked out. 

"Kazakhstan has the necessary conditions to develop business. We, on our part, are ready to provide the necessary support," Alikhan Smailov assured. 

Abdulaziz bin Sultan Al Rumaihi expressed his gratitude for the reception and support both from the Government and the leadership of the country. The Ambassador emphasized the great interest of Qatar in the development of bilateral relations, implementation of business projects and strengthening of investment cooperation.

#Alikhan Smailov #The Prime Minister of the Republic of Kazakhstan #International Cooperation #Trade and economic cooperation

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