The Astana International Financial Centre (AIFC) and China Media Group (CMG) have signed a Memorandum of Understanding aimed at strengthening cooperation and developing a strategic partnership in media and communications. The Memorandum was signed by Renat Bekturov, Governor of the AIFC, and Shen Haixiong, CMG President & Editor-in-chief.
The agreement aims to establish long-term and comprehensive cooperation between Kazakhstan and China to enhance cultural and informational relations.
Under the agreement, the parties have agreed to collaborate through information and expertise exchange. Specifically, the AIFC will provide up-to-date information on its activities, including country-specific and industry reports, research, and reviews on the development of Kazakhstan’s capital market and other areas.
Bilateral efforts will also involve the implementation of joint projects to cover the activities of the Belt and Road Initiative and other international projects related to the financial centre. A key objective in this area will be enhancing the capabilities of both organizations through information exchange, organizing business meetings, and exchanging experiences and best practices in media and PR spheres between the employees.
The AIFC Governor Renat Bekturov emphasised, "We are pleased to sign this Memorandum with a major Chinese media corporation. The signing of this agreement is another important step in recognizing our long-term partnership and strengthening economic relations between our countries".
For the AIFC, as a leading financial hub in Central Asia, the signing of this Memorandum is a crucial component in informing the East Asian business community about the centre’s activities. Currently,more than 2800companies from 78 countries registered at AIFC, with tenth of them originating from China.
