Kazakhstan Aims to Finalize $5 Billion in Business Agreements with the UAE

During a recent meeting, the President of Kazakhstan underscored the importance of the official visit to enhance strategic collaboration between the two countries.

Your visit holds significant value as we aim to finalize up to 20 business agreements, totaling approximately five billion US dollars. These agreements encompass various initiatives designed to advance our economic growth, stated President Tokayev. He expressed optimism that, if fully executed, these initiatives will greatly enhance bilateral relations and reflect the mutual interests of both nations.

Photo credit: Akorda

The President noted that the UAE ranks among the top ten foreign investors in Kazakhstan, with investments from the UAE experiencing a remarkable growth of over 100% in the previous year, surpassing 1 billion US dollars.

Praising the leadership and development of the UAE, Tokayev affirmed his support for President Mohamed bin Zayed Al Nahyan and expressed his commitment to further enhancing the partnership with the UAE across various economic areas.

Photo credit: Akorda
Photo credit: Akorda

Previously, Kazakh President Kassym-Jomart Tokayev welcomed Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan at the Akorda Presidential Palace on Monday.

Business

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