(MENAFN- AzerNews)
By Ayya Lmahamad
A memorandum of cooperation is expected to be signed between
Azerbaijan's Ganja and Kazakhstan's Shymkent cities, Azernews
reports.
The remarks were made by the head of the delegation from
Shymkent city to Baku Bahadur Narymbetov.
He emphasized that Azerbaijani and Kazakh people are brotherly
nations and share common cultures and traditions.
“I see great potential for cooperation development between the
cities of Baku and Shymkent. Currently, preparations are underway
to sign a memorandum of cooperation between Shymkent and Ganja,” he
said.
Narymbetov stressed that such cooperation will promote not only
the development of economic relations between countries but also
relations between people.
“The signing of the agreement between universities will also
contribute to the development of education in both Azerbaijan and
Kazakhstan,” he said.
Financial, economic cooperation development
Moreover, the delegation of the Astana International Financial
Center (AIFC), headed by Governor Kairat Kelimbetov, held meetings
with Azerbaijan's Economy Minister Mikayil Jabbarov and Central
Bank Chairman Taleh Kazimov.
During the meetings, the parties discussed the development of
financial and economic cooperation between AIFC and Azerbaijan's
financial institutions.
AIFC's Chief Economist Baurzhan Bektemirov stated that the
center and the Kazakh government are working on integrating the
ecosystem of the center with special economic zones, which will
increase economic activities.
In this regard, during the meeting with Central Bank's
representatives, the parties discussed the experience of regulation
in independent jurisdictions and special zones, which is currently
important for Azerbaijan with the development of the Alat Free
Economic Zone.
“The self-development of the zone will strengthen trans-regional
integration, which is important for Kazakh-Azerbaijani relations,”
he added.
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Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
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