Events

The head of state delivered a speech at the 10th session of the WIEF, the theme of which was «Innovative Partnerships for Economic Growth».

The President of Kazakhstan noted that the countries of the Organisation of Islamic Cooperation controlling 70 per cent of the world’s energy resources, account for only 7.5 per cent of world GDP and 11.2 per cent of global trade turnover.

At the same time, the Muslim world face serious problems, including the population growth, poverty, gradual depletion of natural resources, and deterioration of the environment. 

The President of Kazakhstan reminded that during the chairmanship of our country at the Organisation of Islamic Cooperation, the Astana Declaration of the OIC, aimed at the modernisation and reformation as the development basis for Islamic world in 20th century, was adopted.

- From this point of view, Kazakhstan remains a strong supporter of further strengthening and development of the Islamic world, - the head of state said.

- The President of Kazakhstan noted that our country actively cooperates with the UAE, Iran, Turkey and Malaysia within the framework of the new industrialisation programme. 

- 15 promising projects amounting to $2.5 billion are in use and this is just a beginning, - Nursultan Nazarbayev said.

The head of state stressed that Kazakhstan was creating all conditions to attract investors and forming an effective transportation and logistics infrastructure.

According to the head of state, Kazakhstan, which possesses 90 million hectares of agricultural lands, has a chance to become a global centre of food security.

Also, Nursultan Nazarbayev noted that Kazakhstan has been successfully cooperating with the Islamic Development Bank on attracting investment and the development of the Islamic banking. To date, more than 700 million dollars have been invested into the national economy in this field.

At the end of his speech, Nursultan Nazarbayev expressed confidence that the participants of the World Islamic Economic Forum would make their contribution to re-thinking the strategies for development of the global economy.