Ambassador of Kazakhstan met with the Chairperson of the Council of Saudi Chambers

On November 5, 2020, H.E. Mr. Berik Aryn, the Ambassador of Kazakhstan to Saudi Arabia, held a meeting with Mr. Ajlan Al-Ajlan, the Chairperson of the Council of Saudi Chambers.

During the meeting, the parties discussed ways to enhance cooperation between the two countries in the trade, economic, and investment fields.

Ambassador Berik Aryn informed his counterpart on the new priorities and directions of Kazakhstan's policy on further diversification of the economy highlighted in the recent Address of the President of Kazakhstan Kassym-Jomart Tokayev to the people of Kazakhstan.

Berik Aryn also informed about the work carried out by the Government to establish favorable conditions for the transparent activities of foreign investors in the country. In particular, the Ambassador told about the adopted legislative and other regulating legal acts to liberalize the visa regime, protect investors' rights, reduce administrative barriers, etc.

At the same time, the Kazakh diplomat noted the low dynamics of trade between the countries. In this regard, he called on to launch the Kazakh-Saudi Business Council's activities to establish an exchange of visits by business people of the two countries to develop direct contacts between them for a substantive discussion of trade issues and projects of mutual interest.

The Chairperson of the Council of Saudi Chambers, Mr. Ajlan Al-Ajlan, in his turn, expressed his readiness to support any proposals of the Kazakh side to expand cooperation between the business communities of the two countries. He pledged to visit Kazakhstan with Saudi entrepreneurs and hold relevant negotiations with the Kazakh side after the end of the COVID-19 pandemic.

Following the meeting, the parties agreed to make joint efforts at various levels, including organizing mutual visits and thematic events such as business seminars and B2B meetings.