Secretary General of the GCC is Interested in Further Strengthening Cooperation with Kazakhstan

Riyadh, May 20, 2024 – H.E. Mr. Madiyar Menilbekov, the Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Saudi Arabia, met with HE Mr. Jasem Mohamed AlBudaiwi, the Secretary General of the Cooperation Council for the Arab States of the Gulf (GCC). 

During the meeting, the parties discussed issues of interaction between Kazakhstan and the General Secretariat of the GCC, including ways to expand trade, economic, cultural and humanitarian ties within the new format of interregional cooperation "Central Asia - GCC". Special attention was paid to the preparations for the upcoming investment forum "Central Asia - GCC", which will be held on May 29, 2024 in Riyadh.

Ambassador M.Menilbekov noted that the "Central Asia - GCC" dialog is  an important platform for discussion of topical issues of global economy and presentation of new ideas and initiatives aimed at sustainable development and stability of the world market.

In addition, the Kazakh diplomat informed the Secretary General about the latest important events in Kazakhstan, and particularly drew attention to the ongoing reforms providing for political and socio-economic transformations in the country.

In turn, the Secretary General of the GCC J. AlBudaiwi, emphasizing the importance of strengthening the strategic dialogue relationship between the Council and Kazakhstan, expressed interest in further developing cooperation with Central Asian countries in such priority areas as investment, transport and logistics, science and culture, etc.

Today the GCC is a dynamically developing international organization that unites such Arab countries as Saudi Arabia, Kuwait, Oman, Qatar, Bahrain and the UAE. The GCC countries accumulate 40% of the financial reserves of the world economy and possess 40% of the world's oil reserves.