Discussions held on collaboration concerns between Kazakhstan and Kuwait
In a recent meeting, Ambassador Yerzhan Elikkayev of the Republic of Kazakhstan presented his credentials to Kuwait's Minister of Foreign Affairs, Abdullah Al-Yahya. The diplomatic exchange was marked by a renewed commitment to expand political cooperation between the two nations.
During the meeting, Ambassador Elikkayev briefed Minister Al-Yahya on the priorities of Kazakhstan's economic development, emphasizing the country's focus on sustainable and innovation-driven growth. This focus, as reported by various sources, includes sectors such as agriculture, logistics, and artificial intelligence, which are crucial for innovation and infrastructure development.
The partnership between Kazakhstan and Kuwait, according to Ambassador Elikkayev, is based on mutual trust, common prosperity, and solid friendship. He expressed confidence in the further strengthening of this partnership.
In the realm of economic cooperation, both countries are engaged in efforts to boost trade and investment ties and explore opportunities for regional connectivity. This often includes logistics infrastructure enhancements and cooperation, as well as visa facilitation, which Kazakhstan is actively pursuing by expanding visa-free access for Kuwaiti citizens.
Kuwait, on the other hand, is implementing new tax laws to diversify its economy beyond hydrocarbons, potentially opening new investment avenues in technology and agriculture sectors in countries like Kazakhstan.
While specific plans for economic and investment cooperation between Kazakhstan and Kuwait focusing on agriculture, logistics, and artificial intelligence are not detailed explicitly in the available search results, the potential for collaboration in these sectors is significant.
The meeting took place as reported by Liter.kz. The Kazakh ambassador highlighted the intention to deepen the economic and investment dialogue with Kuwait, inviting representatives of Kuwait's business community to consider investment cooperation in sectors like agriculture, logistics, and artificial intelligence.
President Kassym-Jomart Tokayev has tasked the Kazakh government with increasing the country's GDP to $450 billion by 2029, with plans to attract $150 billion in direct foreign investment by the same year. This ambitious goal underscores Kazakhstan's commitment to fostering economic growth and attracting foreign investment.
In summary, the meeting between Ambassador Elikkayev and Minister Al-Yahya marks a significant step forward in the relationship between Kazakhstan and Kuwait. The potential for cooperation in sectors such as agriculture, logistics, and artificial intelligence offers exciting opportunities for both nations. For the latest and most detailed bilateral plans on these sectors, further specialized sources such as official government releases or bilateral summit communiqués would be recommended.
- Ambassador Elikkayev discussed Kazakhstan's focus on sectors like agriculture, logistics, and artificial intelligence with Minister Al-Yahya, indicating a potential for increased investment in these areas.
- The partnership between Kazakhstan and Kuwait could extend to the fields of finance and investing, as Kuwait implements new tax laws to diversify its economy.
- Political cooperation between Kazakhstan and Kuwait, as highlighted by the ambassador, may lead to a greater emphasis on business and economics, particularly in the sectors of agriculture, logistics, and artificial intelligence.
