BAKU, Azerbaijan, October 6. Kazakhstan is
ready to become a reliable partner in ensuring the long-term food
security of the Gulf region, President Kassym-Jomart Tokayev said
at the Kazakh-Omani business forum in Astana, according to the
president's press service.
"My country, with its vast agricultural land, is ready to become
a reliable partner in ensuring the long-term food security of the
entire Gulf region," Tokayev said.
He said Kazakhstan and Oman have significant potential to expand
cooperation in agriculture and food security.
Tokayev also highlighted the importance of strengthening trade,
economic and investment ties between the two countries, noting that
the development of such cooperation requires an appropriate legal
and institutional framework.
In this regard, he pointed to the importance of the agreement on
the promotion and reciprocal protection of investments, which is
designed to provide investors with more predictable, transparent
and reliable conditions for implementing projects.
The president also welcomed the signing of an agreement on the
launch of a joint investment structure between Samruk-Kazyna JSC
and Oman Investment Authority.
"This important initiative will help mobilize financing and
attract additional investment. We also see significant potential
for cooperation with the recently established International
Financial Center of Oman," Tokayev said.
He added that direct ties between financial institutions of the
two countries could create new opportunities for mutual
investment.
Tokayev also called for stronger direct contacts between the
business communities of Kazakhstan and Oman, saying the
establishment of the Kazakhstan-Oman Business Council would provide
a practical platform for cooperation.
He noted the countries' longstanding partnership in the energy
and mining sectors and said their combined capabilities could help
create new joint ventures.
Tokayev also described Oman as an important transit and
logistics partner for Kazakhstan, citing its strategic geographic
location, developed port infrastructure and access to Middle
Eastern and African markets.
Kazakhstan, in turn, has significant natural resources, a
developed industrial base and a strategic position on emerging
transport routes linking Asia and Europe, he said.
The president stated that the key task now was to give concrete
substance to the agreements reached at the political level and make
economic ties a major pillar of the Kazakhstan-Oman
partnership.
