Baku, Azerbaijan, Oct. 22
By Rashid Shirinov – Trend:
Experts of the Astana International Financial Centre (AIFC) presented their business capacities to entrepreneurs of Russia's Tatarstan in Kazan, the Economy Ministry of Tatarstan reported.
During the meeting, Economy Minister of Tatarstan Farid Abdulganiev noted that Tatarstan and Kazakhstan have close cooperation. He said that their foreign trade turnover amounted to about $1 billion since early 2017.
"At the end of 2017, as many as 28 small and medium-sized businesses signed export contracts with 86 counterparties from Kazakhstan," the minister said.
AIFC Governor Kairat Kelimbetov, in turn, said that the AIFC sees the interest of Russian business in attracting financing from new sources.
“We are ready to offer access to a wide range of financial instruments that will help Russian business, as well as companies from the countries of the Eurasian region, to attract additional funds for their development," he noted.
Astana International Financial Centre, established at the initiative of the Kazakh President Nursultan Nazarbayev in July 2018, deals with the development of capital markets and the Islamic finance sector, management of funds of individuals, development of new financial technologies and other issues.
AIFC plays a major role in attracting financial resources. It is positioned as a financial hub for the countries of Central Asia, the Caucasus, Eurasian Economic Union, Middle East, Europe, Western China and Mongolia.