ASTANA, Kazakhstan, February 18.
Intergovernmental agreements on the promotion and mutual protection
of investments and on the establishment of a bilateral Coordination
Council were signed following the official visit of Kazakhstan’s
Foreign Minister Yermek Kosherbayev to Saudi Arabia, Trend reports via the
Ministry of Foreign Affairs of Kazakhstan.


The central highlight of the visit was the discussions between
Kazakhstan’s Foreign Minister, Yermek Kosherbayev, and Saudi
Foreign Minister, Prince Faisal bin Farhan Al Saud. During these
talks, the two sides assessed the current status and prospects of
Kazakh-Saudi relations, with particular emphasis on fortifying
political dialogue, enhancing trade, economic, and investment
cooperation, and fostering deeper cultural and humanitarian
exchanges.


The ministers reaffirmed their commitment to refining the legal
framework and advancing collaboration through concrete joint
initiatives.


An in-depth exchange of views also took place on regional and
global issues, underscoring the importance of coordination within
multilateral institutions such as the United Nations, the
Organisation of Islamic Cooperation, the Conference on Interaction
and Confidence-Building Measures in Asia, and OPEC+. Both parties
agreed to sustain close interagency communications and harmonize
their positions on key international matters.







Minister Kosherbayev emphasized Kazakhstan’s view of Saudi
Arabia as a trusted partner in the Middle East and the broader Arab
world, highlighting the elevated level of political dialogue and
alignment on various global and regional issues.


Special attention was given to expanding trade, economic, and
investment ties, with the Kazakh delegation expressing a keen
interest in increasing Saudi investment across key sectors,
including energy, infrastructure, agriculture, and the green
economy.


During the visit, the Kazakh Foreign Minister also held a number
of bilateral meetings, including with the Kingdom’s Minister of
Energy Prince Abdulaziz bin Salman Al Saud; Minister of Investment
Fahad Al-Saif, as well as Chairman of ACWA Power Mohammad
Abunayyan. The discussions focused on cooperation in the energy
sector, including conventional generation, renewable energy and the
green transition, as well as on attracting Saudi investment and
technologies to Kazakhstan.