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ISLAMABAD: The President of Kazakhstan Kassym-Jomart Tokayev will visit Pakistan this year, which will start a new chapter of trade and economic relations between the two countries. This was said by HE Yerzhan Kistafin, Ambassador of Kazakhstan while addressing the business community during his visit to Islamabad Chamber of Commerce & Industry (ICCI).

The envoy said that the President of Kazakhstan is visiting Pakistan after 20 years, which will be a historic visit as 20 MoUs would be signed during his visit to further strengthen the bilateral cooperation in multiple fields between Kazakhstan and Pakistan.

He said that Kazakhstan is launching direct flights between Almaty and Lahore from April and Almaty and Karachi from May this year that would help promote B2B and P2P relations. He invited the ICCI delegation to visit Kazakhstan to join the launch of direct flights. He appreciated the role of Zafar Bakhtawari, former President ICCI for first-ever direct flights between the two countries. He said a delegation of businesswomen of Pakistan would also visit Kazakhstan to explore business cooperation with Kazakh counterparts.

Banking pact with SBP also planned: Kazakhstan intends to sign transit trade deal: envoy

He said that Kazakhstan intends to sign a transit trade agreement and agreement between the banking sectors of both countries that would provide a legal framework to the business communities of both sides for bilateral trade promotion. He said that Kazakhstan provides Pakistan easy access to Eurasian and Central Asian markets and Pakistan should take advantage of this potential.

He said that a number of delegations from both sides would exchange visits this year that would take the bilateral relations of both countries to the next level.

Speaking on the occasion, Ahsan Zafar Bakhtawari, President Islamabad Chamber of Commerce & Industry (ICCI) offered that ICCI would like to host a dinner reception in honour of the President of Kazakhstan during his visit to Pakistan.

Copyright Business Recorder, 2023

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