Kazakhstan's Vice Minister of Finance, Dauren Kengbeil, held bilateral meetings with representatives of the People's Bank of China, the Export-Import Bank of China, and the Asian Infrastructure Investment Bank (AIIB) in the 12th meeting of the Kazakhstan-China Cooperation Committee

Kazakhstan's Vice Minister of Finance, Dauren Kengbeil, held bilateral meetings with representatives of the People's Bank of China, the Export-Import Bank of China, and the Asian Infrastructure Investment Bank (AIIB) in the 12th meeting of the Kazakhstan-China Cooperation Committee

18.03.2025 19:10:20 847

During the meeting with the Deputy Chairman of the People's Bank of China, Mr. Lu Lei, the parties exchanged views on the current situation in international financial markets, the development of bilateral financial cooperation, and agreed to collaborate on the issuance of panda bonds in the Chinese market.
Mr. Kengbeil and the Vice President of the Export-Import Bank of China, Mr. Wang Kang, discussed the financing and implementation of investment projects in Kazakhstan, including the construction of a water pipeline from the K.I. Satpayev Canal to Astana with Pumping and Filtration Station №4, the development of new metro lines in Almaty, and the modernization of customs infrastructure at border checkpoints.
Additionally, the meeting with AIIB's Chief Investment Officer,
Mr. Konstantin Limitovskiy, focused on economic cooperation, the signing of a Framework Partnership Agreement, and the development of a new budget support program.
Following the meetings, the parties expressed confidence in the successful implementation of joint projects, the further development of partnerships, and the achievement of mutually beneficial goals.

Source : https://www.gov.kz/memleket/entities/minfin/press/news/details/959674