KUWAIT: The Kuwait Chamber of Commerce and Industry (KCCI) emphasized on Tuesday the importance of developing cargo transport operations with Kazakhstan, particularly in the livestock sector, given its vital role in diversifying sources and strengthening food security. This came during a press statement issued by the Chamber following the official visit of Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan Murat Nurtleu, accompanied by an official delegation, to the Chamber’s headquarters. The meeting was also attended by the Kazakh Ambassador to Kuwait Azamat Berdybay.

In its statement, the KCCI lauded the notable economic progress witnessed in Kazakhstan, a country endowed with abundant natural resources including oil, gas, minerals, livestock and agricultural products. The Chamber affirmed its readiness to enhance cooperation with its Kazakh counterpart, including the renewal of the joint cooperation agreement, the hosting of economic delegations, and the organization of bilateral meetings between business sectors in both countries.

Minister Nurtleu stressed that the visit reflected the shared desire of both nations to strengthen economic ties. He highlighted Kazakhstan’s strategic geographic position, which enables it to serve as a vital link between the Gulf Cooperation Council (GCC) countries, Russia and China. He noted that approximately 85 percent of goods transported from East Asia to Africa and Europe pass through Kazakhstan. He further pointed out that Kazakhstan offers a conducive investment environment, supported by legislation and incentives aligned with international standards. These include tax exemptions, affordable land allocation and developed infrastructure.

Nurtleu also noted that 95 percent of government services have been digitized as part of efforts to improve the ease of doing business. Calling on Kuwaiti investors to explore opportunities in Kazakhstan, he invited the private sector to invest in promising sectors such as tourism, agriculture and food processing, digital economy, communications, and information technology. He also noted that Kuwaiti citizens are exempt from entry visa requirements to Kazakhstan, facilitating ease of travel and investment. — KUNA