Asian International Financial Center set up at Almaty to resolve trade, business issues: Kazakh ambassador.

MULTAN -- Ambassador of Kazakhstan to Pakistan Mr Yerzhan Kistafin said on Monday that Asian International Financial Center (AIFC) has been set up at Almaty where all business and trade-related problems and issues would be resolved under one roof on European pattern.

While addressing a gathering of industrialists at the Multan Chamber of Commerce and Industry (MCCI) here, the Kazakh ambassador said that Kazakhstan House was already operational in Lahore and Karachi and resolving all business and trade-related issues swiftly at one point.

He said, area wise his country was 9th largest in the world, blessed with innumerable opportunities for new businesses and industries. He added that inputs like oil and electricity were cheaper in cost while laws and facilities were business-friendly.

He disclosed that three direct flights per week would operate from Pakistan to Kazakhstan from June 2023. He promised to issue a business visa within three days on the recommendations of MCCI.

He said that 50 per cent of the world's population lives in Central Asia and business persons can have easy access to this big market by availing business-friendly atmosphere in Kazakhstan.

He said that Pakistan and Kazakhstan can benefit each other through cooperation in agriculture, Industry, tourism, technology transfer, health, education, Industry and commerce through joint ventures for the benefit of the people of the two countries.

He said both countries have to prepare the younger generation to successfully meet future challenges and added after operations of direct flights, an Expo Center would be developed in Kazakhstan for...