OREANDA-NEWS  On 24 February was announced, that Kazakhstan President Nursultan Nazarbayev received chairman of Vnesheconombank Vladimir Dmitriyev.

Vladimir Dmitriyev informed the President on the course of cooperation of Vnesheconombank with Kazakhstan’s development institutions.

Nursultan Nazarbayev approved the intention of the bank’ leadership on establishment of a Commercial House that will supply Russian technological equipment to Kazakhstan‘s oil and gas industry, energy industry, and agriculture.

The President also supported the intention of Vnesheconombank and Kazakhstan’s Development Bank on formation of an Infrastructure Investment Fund. No less than 20 percent of this fund will be allocated to the implementation of infrastructure projects in Kazakhstan.

“The President of Kazakhstan positively assessed our efforts on strengthening integration ties within the framework of the Shanghai Cooperation Organization. Vnesheconombank will chair the SCO Interbank Union and we proceed from the necessarily of a transfer from bilateral cooperation to realization of multilateral projects,” Vladimir Dmitriyev said at a press briefing.