H. E. Prof. Mohammad Humayon Qayoumi, Acting Minister of Finance and Senior Advisor to H. E. the President on Infrastructure Affairs, and H.E Mohammad Farhad Azimi, Ambassador and Special Representative of the Islamic Republic of Afghanistan to the Republic of Kazakhstan, signed a memorandum of understanding with Kazakhstan officials to resolve trade issues between the two countries.
H. E. Prof. Mohammad Humayon Qayoumi went to the office of the Governor of Northern Kazakhstan and discussed bilateral cooperation and ways to effectively implement the Memorandum of Understanding. The governor of Northern Kazakhstan welcomed the respected officials with their accompanying delegations to the Northern Kazakhstan and expressed their satisfaction with the establishment of bilateral trade cooperation.
Afterwards, Mr. Qayoumi expressed his high regard and appreciation for his accompanying delegations and added that this MoU represents the expansion of trade agreement in Afghan-Kazakh relations, specifically in terms of rebalancing the flow of wheat products between the two countries.
On the other hand, Mr. Mohammad Farhad Azimi, Ambassador and Special Representative of the Islamic Republic of Afghanistan to the Republic of Kazakhstan expressed his high appreciation to the governor of Northern Kazakhstan and further stated that signing of this Memorandum represents the beginning step towards expanding long-term trade relations between the two countries and we hope to increase exports to Kazakhstan in this way.
Eventually, both parties attended ceremony and signed the Memorandum of Understanding.
As per the Memorandum, Northern Kazakhstan is expected to provide more than 1.6 Millions of tons of wheat to Afghanistan’s strategic reserves and will continue to market Afghan products including fruits and vegetables in three major Russian cities including Gurgaon, Omsk and Chelyabinsk. And instead the Afghan government will export fruit, vegetables and decorative stones to Kazakhstan.