Saturday, 07 June 2025 10:36

Prime Minister of Kazakhstan Discusses Investment Prospects Exceeding 1 Billion Yuan with ICBC Chairman

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov held a meeting with Liu Jun, Chairman of the Industrial and Commercial Bank of China (ICBC), to discuss prospects for deepening investment cooperation and attracting long-term financing.

In 2024, bilateral trade between Kazakhstan and China reached a record high of $44 billion. In the first four months of 2025, trade continued to grow, with a 3.4% increase compared to the same period last year. China is currently one of Kazakhstan’s top five investors, with accumulated capital investments totaling $26 billion.

The Government of Kazakhstan expressed its openness to jointly implementing new instruments, including sustainable and green finance projects, and developing mechanisms to support industry, infrastructure, and export capacity.

Liu Jun emphasized ICBC’s commitment to expanding cooperation and supporting financial system development and innovation. He noted that Kazakhstan and China are well-positioned to strengthen their bilateral relations, particularly through active engagement between their business communities.

At the conclusion of the meeting, both parties reaffirmed their intention to strengthen collaboration on joint project implementation. "Caspian Energy Media" reports with reference to the Press Service of the Government of the Republic of Kazakhstan.

 

Read 26 times Last modified on Wednesday, 11 June 2025 10:38

 

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