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Friday, 8 July 2011

Pacts with Kazakhstan a sign of flourishing ties

2011/06/10


FOUR commercial agreements between Malaysian and Kazakh companies were signed during the 7th World Islamic Economic Forum (WIEF) which ended yesterday.
The signing of the agreements during the official visit here by Prime Minister Datuk Seri Najib Razak, was an encouraging sign of further collaborations between companies in the two countries.

The first agreement was signed between MyEG Services Berhad (Malaysia) and JSC National Information Technology (Kazakhstan) to undertake the deployment of skilled expertise in the area of information technology by the Kazakhstan government.

Also signed was an agreement between MIMOS Berhad (Malaysia) and ZERDE (Kazakhstan) to cooperate as strategic business and technology partners in the ICT field in Kazakhstan.

The other two agreements were a strategic partnership between Amanahraya Capital Group (Malaysia) and JSC Fattah Finance to establish a haj pilgrimage saving fund in Kazakhstan and a collaboration between Halagel (M) Sdn Bhd (Malaysia) and Fattah Shop Company (Kazakhstan) to undertake the marketing of halal products in Kazakhstan.

WIEF chairman Tun Musa Hitam said the signing of the agreements was testimony of their success in bringing together businessmen in the Muslim world to collaborate.

"We have helped facilitate the partnerships between these four Malaysian companies and their Kazakhstan partners which is an endorsement of our objective to build bridges through business," Musa said

In a separate development, the WIEF Foundation has appointed four new members to its International Advisory Panel (IAP).

The appointees are CIMB group managing director and chief executive officer Datuk Seri Nazir Razak and Speedway Investments Ltd Kenya executive chairman Evelyn Mungai.

The others are Development Credit Bank Ltd and Aga Khan Rural Support Programme India chairman Nasser Munjee and John Sandwick, a specialist in Islamic Wealth and Asset Management from Switzerland.

Musa said with the four new appointees, who are citizens of countries in three different continents with expertise in different areas, the WIEF had truly become a world forum.

Meanwhile, Najib returned home yesterday. The prime minister, who was accompanied by his wife Datin Seri Rosmah Mansor, arrived at the Bunga Raya Complex, KL International Airport here at 4.40pm on board a special aircraft.

Among those present to greet him was Deputy Information Minister Senator Datuk Maglin Dennis D'Cruz.

It was Najib's first official visit to Kazakhstan, at the invitation of President Nursultan Nazarbayev, since becoming prime minister.

During the visit, the prime minister also attended the 7th WIEF and delivered a special speech at its opening.
by:New Straits Times

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