Qatar and Kazakhstan will sign two important documents on economic cooperation, says Deputy Prime Minister - Minister of Trade and Integration Serik Jumangarin, QazMonitor reports. The parties signed a total of 12 documents, ranging from memoranda of understanding to a protocol on amendments.
The Emir of Qatar Sheikh Tamim bin Hamad Al-Thani arrived in Astana today on a state visit. He met with President Kassym-Jomart Tokayev to discuss bilateral cooperation in a number of areas with a focus on economic partnership.
According to Zhumagarin, the first document will provide a legal framework for trade and economic cooperation between the two countries. As for the second document, the minister said the agreement pertains to matters of standardization and metrology.
Another important agreement that took place concerned the trade of halal meat products, said the minister. Kazakhstan already has a good reputation among Arab countries for the quality of its meat and has been exporting products to several of them, including the UAE and Bahrain.
Qatar agreed to import lamb, frozen meat as well as dairy cows from Kazakhstan.
Zhumagarin added: “Big work is being done in the sphere of finances: a famous Qatari bank plans to open its branch here. Various Qatari financial institutions are now registering with the AIFC (Astana International Financial Center).”