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Kazakh, Chinese ministries of finance to sign co-op memorandum

Business Materials 1 May 2018 11:51 (UTC +04:00)

Baku, Azerbaijan, May 1

By Ali Mustafayev - Trend:

Minister of Finance of Kazakhstan Bakhyt Sultanov and China's Finance Minister Liu Kun agreed to conclude an inter-agency memorandum of understanding and cooperation in the near future, during the meeting, organized within the framework of Sultanov's working visit to Beijing, the press service of the Ministry of Finance of Kazakhstan said in a message.

Kazakh minister stressed that the two countries expand investment cooperation, attract loans for the integration of the Chinese "One Belt One Road Initiative" and Kazakhstan’s Nurly Zhol program.

The parties also discussed the current economic situation of the two countries, the expansion of cooperation, as well as the activities of financial markets and their services, including the Astana International Finance Centre.

During the visit to Beijing, Sultanov also held talks with the Chairman of the Securities Regulatory Commission of China, the Chief Customs Officer of China and Vice President of Exim Bank of China.

Follow the author on Twitter: @Ali_Mustafayev

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