AIFC intends to cooperate with the Asian Infrastructure Investment Bank
According to Kairat Kelimbetov, the head of the Center, arrangements have been reached with the largest Chinese banks to open their representation offices in Kazakhstan. The first one is already the China's State Development Bank. It is considered that this cooperation will be able to attract investments in the economy, as well as to provide the transfer of digital technologies. Let’s remind that Nursultan Nazarbayev and Xi Jinping support the strategic partnership between AIFC, the Silk Way Fund and the China-Eurasian Economic Cooperation Fund. That was announced in the joint statement following the state visit of the Kazakhstan leader to China. The heads of the states have also supported the initiative of including the Silk Way Fund in the structure of shareholders of the stock exchange. Kairat Kelimbetov, Trust Manager of AIFC: - The International Clearing Center to trade in yuans will be created as part of AIFC, and as a whole AIFC may be a starting point in the implementation of the initiative of the Chinese Government “One belt, one way”. We closely cooperate with the Shanghai Stock Exchange which is the key partner and a shareholder of the stock exchange and AIFC. We expect the Chinese investors to participate in the processes of share placing of the Kazakhstan companies within the framework of privatization of the national companies Samruk-Kazyna.