Kazakhstan will expand its cooperation with the European
Bank for Reconstruction and Development (EBRD). Members of the Mazhilis, a
Lower House of the Kazakh Parliament, ratified amendments to the article of the
agreement with the Bank. Thus, the EBRD’s operations will now extend to Iraq
and African countries. Kazakhstan, as an EBRD member country, will strengthen
its cooperation both with the Bank and countries in Africa and the
Mediterranean. It is worth noting that Kazakhstan joined the EBRD Establishment
Agreement in 1992. With the Bank’s involvement, more than 300 projects have
been implemented in the country, totaling over $11 billion.
«The inclusion of Africa in the Bank’s region of operations
opens up new opportunities for establishing contacts and investing in projects
in countries with populations in the billions. Amendments to Article 1 of the
Agreement will strengthen Kazakhstan’s cooperation with the EBRD, as well as
with African and Mediterranean countries,» said Kazakh Minister of Finance Madi
Takiyev.
Kazakhstan to introduce new forms of state support for
aquaculture
Today, the Mazhilis also approved a draft law on aquaculture
in the first reading. The document aims to establish legal mechanisms for
regulating relations in the industry, enhancing investment appeal, and
attracting small and medium-sized businesses to the fisheries sector. The
proposed measures are expected to promote the export of domestic fish products
and support import substitution.
