19.12.2024, 16:24 3646

Presidents of Kazakhstan, Guinea-Bissau visit AIFC

Presidents of Kazakhstan, Guinea-Bissau visit AIFC
Images | Akorda
Head of State Kassym-Jomart Tokayev and President of Guinea-Bissau Umaro Sissoco Embaló, who is paying an official visit to Kazakhstan, have visited the Astana International Financial Centre, Kazinform News Agency learned from the Akorda press service.

Renat Bekturov, the Governor of the AIFC, informed the guests about the AIFC’s structure and the areas of its activity. He said that investments, green and Islamic financing, as well as training personnel for financial sector could be priority areas of the two countries’ cooperation on the AIFC platform.

According to him, the volume of investments attracted through the AIFC has reached $14 billion, $6.7 billion of which are portfolio investments on the Astana International Exchange. More than 3,400 companies from 85 countries including six companies from the African continent have been registered at the AIFC.

The presidents of Kazakhstan and Guinea-Bissau were informed about activity of the AIFC Court - Central Asia’s first judicial system based on the norms and principles of case law, as well as about operation of the International Arbitration Centre and Green Finance Centre. The heads of state also got familiarized with the activity of Astana Financial Services Authority (AFSA) and the peculiarities of the AIFC’s regulatory framework.

Umaro Sissoco Embaló arrived in Kazakhstan on December 18 for an official visit at the invitation of Kassym-Jomart Tokayev.

The two presidents adopted a joint statement, after which they held a briefing for mass media.
 

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