Photo: Mfa.kz

In the framework of the 14th session of the Summit of the Organization of Islamic Cooperation (OIC), the meeting of the Minister of Foreign Affairs of the Republic of Kazakhstan Beibit Atamkulov met with the President of the Islamic Development Bank Group (IDB) Dr. Bandar Hajar.

The parties discussed issues of further participation of the bank in national investment projects in our country. Kazakhstan is interested in cooperation with the IDB in the framework of the initiative of the First President of the Republic of Kazakhstan - Elbasy Nursultan Nazarbayev on the development of a strategic program document "Islamic Infrastructure Integration", which provides for the infrastructure integration of OIC member states.

The Bank’s participation in the economic development programs of Kazakhstan demonstrates its firm intention to develop cooperation with our country. "Our goal is to strengthen cooperation with Kazakhstan and develop Islamic finance mechanisms in your country. I invite Kazakhstan to take part in the international conference on Islamic securities Sukuk in Luxembourg and send specialists for training through special scholarship programs of the Bank", - said Bandar Hajar.

In addition, he informed about the creation of the IDB Science and Technology Fund with an initial capitalization of $ 500 million.

"The Qazaq Times"