Tokayev and Prince of Saudi Arabia discussed investment cooperation

Kazakhstan and Saudi Arabia confirmed their intention to significantly increase mutual trade. The Crown Prince announced the interest of Saudi companies to invest in the Kazakh agricultural sector =”Tokayev and the prince of Saudi Arabia discussed investment cooperation” />

During his visit to Jeddah, President of Kazakhstan Kassym-Jomart Tokayev discussed with Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud issues of trade, economic and investment cooperation. This was reported by the press service of the Kazakh leader.

“Kazakhstan is ready to offer special conditions and a wide range of preferences for Saudi investors in various promising areas of mutual interest,”— the message says.

Kazakhstan and Saudi Arabia confirmed their intention to significantly increase trade between the countries— in the near future, the governments of the countries will intensify work in this direction.

The Crown Prince announced the interest of Saudi companies to invest in the agricultural sector of Kazakhstan, which, according to him, is especially important against the backdrop of the global food crisis.

Tokayev invited Mohammed bin Salman to pay a return state visit to Kazakhstan. The Crown Prince accepted the invitation and announced his readiness to visit the country to discuss the results of the implementation of the agreements.

Earlier, on July 21, Russian President Vladimir Putin and Prince Salman discussed the relations between the two countries in the field of trade and economy and agreed to expand cooperation in this area.

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In mid-July, Izvestia referring to the president of the international forum of this association, Purnima Anand said that Saudi Arabia, as well as Turkey and Egypt, are preparing to join the BRICS group of countries (Brazil, Russia, India, China and South Africa).

According to a high-ranking source of the publication familiar with the course of the process, at the June summit in Beijing, the BRICS members “seriously” discussed the entry of Saudi Arabia.

The goal of the BRICS is a comprehensive partnership at the political, economic and international levels.

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