Meeting between KazAID and the Islamic Development Bank (IsDB)

               23 April, Astana - Chairman of the Board of the Kazakhstan Agency of International Development "KazAID" A. Arystanov held a meeting with the representative of the Islamic Development Bank (IsDB) Mr. F. Mehmood within his visit to Kazakhstan.

               During the meeting, Mr. Mehmood presented the information on the mechanisms and instruments IsDB aiming at promoting South-South Cooperation (SSC) and Trilateral cooperation among the member countries of the organization. South-South cooperation focuses on strengthening cooperation among member countries and providing financial and technical support to developing countries.

               As a result of the meeting, the parties agreed to cooperate jointly to share experiences and knowledge with the IsDB member countries to achieve sustainable development.

            Reference: The Islamic Development Bank (IsDB) is an international financial institution founded in 1975. IsDB headquarters is based in Jeddah, Saudi Arabia. The Bank's objective is to support economic and social development in the member countries of the Organization of Islamic Cooperation by financing development and investment projects.

               Kazakhstan became a member of the Islamic Development Bank in 1995 after joining the Organization of Islamic Cooperation.

Source : https://www.gov.kz/memleket/entities/kazaid/press/news/details/982908?lang=kk