The meeting focused on the key areas of cooperation, including infrastructure development, further reform of the country’s financial and banking sector, and support to small and medium-seized enterprises.
The sides also exchanged views on further ways of development of global financial system. The President of Kazakhstan expressed satisfaction with the upcoming 47th meeting of the Board of Governors of the Asian Development Bank which is to be held in Astana.
“It is a great honour for us to be the chair of the ADB annual meeting in 2014. This year marks 20 years of cooperation between our country and the Asian Development Bank. At present, we have launched the implementation of “Kazakhstan-2050” Strategy and we want to open a new page of collaboration with your bank”, Nursultan Nazarbayev stated.
The head of state underscored that cooperation between Kazakhstan and ADB meets the interests of the country and Kazakhstan appreciated the fact that ADB supported the diversification of the country’s economy.
In turn, the President of the Asian Development Bank thanked for the decision to host the annual meeting in Astana and noted that the event will be attended by more than 3,000 delegates from all over Asia.
Takehiko Nakao also noted that since the beginning of its operation in Kazakhstan, ADB has provided financial support and assistance in the total amount of US$ 3.5 billion.
The President of the Asian Development Bank expressed readiness to assist in the implementation of “Kazakhstan -2050” Strategy, in particular, in such areas as energy, industrialization, development of the financial sector as well as small and medium-seized enterprises.
