THE PRESIDENT’S WEEK

Official visit to the Kingdom of Saudi Arabia

Saudi Arabia

On arrival in Medina the Kazakh leader had a meeting with the provincial governor Prince Faisal bin Salman Al Saud.

In addition to that event Nursultan Nazarbayev has visited the Prophet’s Mosque in Medina, where he performed the prayer, as well as he took a look at the architecture and the interior of Al-Masjid an-Nabawī mosque.

Then the President of Kazakhstan arrived in Riyadh, where he will have talks with the King of Saudi Arabia Salman bin Abdulaziz Al Saud; several bilateral documents are expected to be endorsed based on its results.

A series of meetings with government officials and representatives of business circles of Saudi Arabia is also in the planning stage.

25 October 2016

Meeting with President of the Islamic Development Bank Bandar bin Mohammed Hajjar

Riyadh, Saudi Arabia

The sides discussed the pressing matters of Kazakhstan’s cooperation with the Islamic Development Bank.

Nursultan Nazarbayev made it clear that the IDB had greatly contributed to consolidation of our economy and raising the well-being of the people.

– Actually we are establishing “Astana” international financial center. I am confident that the Islamic Development Bank will take part in its activities, Nursultan Nazarbayev said.

During the meeting the sides noted that the total amount of the Bank and Kazakhstan’s joint projects is over 1.3 billion dollars. In 2015 the Bank approved 4 projects amounting to 665 million dollars.

In his turn, Bandar bin Mohammed Hajjar expressed his hope for continued successful cooperation with our country and the Bank’s contribution to the projects focused on the progress of Kazakhstan’s economy.

25 October 2016

The meeting with the King of Saudi Arabia Salman bin Abdulaziz Al Saud

Riyadh, Saudi Arabia

Through the negotiations the two leaders discussed cooperation priorities of Kazakhstan and Saudi Arabia, including the prospects for deepening relations in trade-economic, political, cultural and humanitarian spheres.

The two sides also laid stress on the well-established strong potential and progressive growth of cooperation in various fields, which include the agricultural sector.

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The following documents were signed in Saudi Arabia during the political visit of the Head of State:

– Agreement between the Republic of Kazakhstan and the Kingdom of Saudi Arabia on Transfer of Sentenced Persons;

– Agreement between the Republic of Kazakhstan and the Kingdom of Saudi Arabia on Extradition;

– Agreement between the Government of the Republic of Kazakhstan and the Government of the Kingdom of Saudi Arabia on cooperation in respect of peaceful use of atomic energy;

– Memorandum of Understanding between the Ministry of Agriculture of the Republic of Kazakhstan and the Ministry of Agriculture of the Kingdom of Saudi Arabia on cooperation in the field of agriculture.

25 October 2016

Meeting with Chairman of the Majlis al-Shura of Saudi Arabia Abdullah ibn Muhammad Al ash-Sheikh

Riyadh, Saudi Arabia

The sides noted the need for raising Kazakhstan and Saudi Arabia’s interrelationship to a new level. The Head of State expressed confidence in the implementation of the agreements reached.

In turn, Abdullah ibn Muhammad Al-Sheikh assured Nursultan Nazarbayev in making diligent effort to further strengthen relations between the two countries.

25 October 2016

Meeting with Vice-President of Amiantit Group Prince Turki bin Mohammed bin Fahd

Riyadh, Saudi Arabia

During the meeting they discussed a number of issues of current cooperation and promising directions of further cooperation were given consideration.

The management of Amiantit Group, which specializes in water engineering and production of pipes for the oil and gas industry, has expressed gratitude for created favorable investment climate in our country.

The sides expressed confidence in the partnership development.

25 October 2016

Briefing for media personnel on results of the official visit to the Kingdom of Saudi Arabia

Riyadh, Saudi Arabia

During the briefing Nursultan Nazarbayev summarized the main results of the visit to Saudi Arabia.

– During the visit more than 10 agreements worth over 60 billion tenge in the energy sector, mining industry, agriculture and trade have been inked. Of these, poultry farm in South Kazakhstan region and food production in the Akmola region in particular. Currently there are already 17 enterprises with the participation of Saudi Arabia in Kazakhstan, he said.

The President of Kazakhstan noted that the limiting factor for commercial exchange increase is logistical challenges.

– From this perspective, we have agreed to work out a roadmap for establishing bilateral intergovernmental commissions and working groups on economic sectors towards fruitful cooperation in the future. We have reached the agreement to create a collective investment fund in order to back joint projects in our country. The Saudi partners have also been invited to participate in the investment and innovation projects, and “Nurly Zhol” program. This is going to be a very good portfolio for cooperation to Kazakhstan’s betterment, Nursultan Nazarbayev emphasized.

In addition, the President turned attention to the promising directions of cooperation with the Kingdom.

– The Saudi partners have experience in solar and wind energy development. Saudi Arabia will actively participate in the international exhibition “EXPO-2017” in Astana with its novel solutions in the energy field. Also, during the talks we have negotiated the current policy in the field of oil and gas. In general, I am of the opinion that we have had very useful and urgent meetings in this important country in the region, the President of Kazakhstan said.

25 October 2016

Meeting with Samruk-Kazyna JSC Board Chairman Umirzak Shukeyev

In the course of the meeting U. Shukeyev reported to the President on the results of Samruk-Kazyna JSC inside 9 months of the current year, as well as on the implementation of transformation and privatization programs.

Upward trend in the financial and performance indicators of the Fund over the specified period was drawn attention to. In particular, its returns have grown up on 15% compared with a year earlier.

Under the privatization program 216 facilities of the Fund Group are planned to be taken out to a competitive environment. To date, the State Commission on modernization of economy has agreed the ways of 133 assets’ disposal, 39 of which have already been actualized for a total amount of 7.4 billion tenge.

Nursultan Nazarbayev emphasized the need for improvement of the effectiveness of Samruk-Kazyna’s transformation and the achievement of specific results.

Following the meeting the Head of State has given a number of specific orders.

27 October 2016

Meeting with Minister of National Economy Kuandyk Bishimbayev

At the meeting K.Bishimbayev reported to the President on the results of socio-economic development of Kazakhstan for 9 months of the present year, as well as on the implementation of Nurly Zhol program, which is the main tool for transport infrastructure development and support to the economy.

The President of Kazakhstan has placed greater focus on the need for further economic development speedup, improvement of the population’s social welfare, rational and effective use of budget funds and the National Fund allocated to support the economy and implementation of key government programs.

In his report the National Economy Minister noted the GDP increase of 0.4% for the first 9 months of 2016.

– Fundamental economic growth drivers are construction and transport industry, manufacturing and agriculture. For example, in construction the increase in volume is at 6.9%, in agriculture – 4.9%, in transport sector – 4%, and in manufacturing – 0.6%. Along with that, there has been a rise in production level of metallurgical products and pharmaceuticals, foodstuff and petrochemicals, K.Bishimbaev said.

In addition, the President of Kazakhstan was informed on progress in implementing the third institutional reform “Industrialization and Economic Growth” within the Plan of the Nation’s “100 Steps”.

Following the meeting, Nursultan Nazarbayev has charged K. Bishimbayev with several specific tasks.

27 October 2016

Meeting with Yury Luzhkov

During the meeting the President of Kazakhstan noted the merits of Yury Luzhkov in strengthening the cooperation between Astana and Moscow, and also congratulated him on the belated 70th birthday.

In turn, the ex-mayor of Moscow, having congratulated the Head of the State and all nation of Kazakhstan on the 25th anniversary of the Republic’s Independence, thanked Nursultan Nazarbayev for doing honour and the possibility of holding that meeting.

28 October 2016

Telephone conversation with the Russian Federation President Vladimir Putin

During the conversation the leaders discussed the current aspects of bilateral cooperation.

Except that, Nursultan Nazarbayev and Vladimir Putin exchanged opinions on the topical matters of the regional and international agenda, among them is the situation in Ukraine and Syria.

The schedule of forthcoming meetings was given consideration too.

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