Kazakhstan and China discussed investment projects

NUR-SULTAN, June 10, 2020 - The 18th meeting of the Kazakh-Chinese Commission for Cooperation in the field of Industrialization and Investment was held under the co-chairmanship of Deputy Foreign Minister, Almas Aidarov, and Vice Chairman at People's Republic of China National Development & Reform Commission, Ning Jizhe.

The meeting discussed the implementation of investment projects. The paricipants exchanged views on how to facilitate their successful implementation and address emerging issues.

They agreed on specific measures to quickly resolve issues related to cargo transportation and border crossing, as well as timely delivery of the necessary equipment to complete projects.

The parties confirmed plans to complete 7 joint investment projects in various industries totaling $576 million. After commissioning these projects, 647 jobs are planned to be created.

Participants expressed their mutual gratitude for providing humanitarian assistance in the fight against the COVID-19 global pandemic. Moreover, they highlighted the effectiveness of cooperation which allowed to reduce the level of the disease in the two countries.