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Cyprus is interested in Kazakhstan's eGov, we are ready to share experience - Tokayev
๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan /Economy & Trade

Cyprus is interested in Kazakhstan's eGov, we are ready to share experience - Tokayev

From Tengrinews · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Kazakhstan is ready to create favorable conditions for Cypriot companies entering its market, President Kassym-Jomart Tokayev stated.
  • Over 400 companies with Cypriot capital operate in Kazakhstan, with about 30 registered at the Astana International Financial Centre.
  • Cyprus has shown interest in Kazakhstan's eGov system, and both nations agreed to strengthen cultural, humanitarian, and scientific ties.

Kazakhstan is prepared to foster a conducive environment for Cypriot businesses looking to establish a presence in the country, President Kassym-Jomart Tokayev announced. He highlighted the existing strong business and investment ties, noting that over 400 companies with Cypriot capital are currently active in Kazakhstan, with approximately 30 operating within the Astana International Financial Centre (AIFC).

Kazakhstan is ready to create favorable conditions for Cypriot companies wishing to operate in our market. We invite Cypriot business citizens to jointly implement long-term investment projects.

โ€” Kassym-Jomart TokayevStating Kazakhstan's readiness to welcome Cypriot investment during the Kazakhstan-Cyprus Business Forum.

Tokayev made these remarks during the Kazakhstan-Cyprus Business Forum held in the capital. He expressed gratitude to the Cypriot business delegation for their participation and reiterated Kazakhstan's commitment to creating favorable conditions for investment. "We invite Cypriot business citizens to jointly implement long-term investment projects," he stated, emphasizing the protections offered by Kazakhstan's new constitution for all forms of property and investor rights.

The Cypriot side has shown interest in Kazakhstan's eGov system and projects for the digitalization of public services. We are ready to share our experience in this area.

โ€” Kassym-Jomart TokayevHighlighting areas of cooperation in digital technologies during the bilateral talks.

During discussions, the presidents identified cooperation in digital technologies and innovation as a key area. Cyprus has expressed particular interest in Kazakhstan's eGov system and its projects for digitalizing public services. Tokayev affirmed Kazakhstan's readiness to share its expertise in this domain.

We emphasized the importance of regular contacts at all levels, as a steady political dialogue is a key factor in building trust and achieving concrete results.

โ€” Nikos ChristodoulidesStating the importance of continued dialogue to strengthen bilateral relations during the press conference.

Beyond economic and technological collaboration, both leaders agreed on the importance of strengthening cultural and humanitarian ties. This includes enhancing connections between academic and scientific communities and boosting cooperation in education, sports, and tourism. The successful negotiations and signing of several important documents are expected to provide a new impetus to bilateral interaction and reinforce relations between Kazakhstan and Cyprus.

I am pleased that today we are signing a number of memoranda of understanding in such key areas as higher education, scientific research, culture, sports, innovation, digital governance, and information technology.

โ€” Nikos ChristodoulidesCommenting on the agreements signed between Cyprus and Kazakhstan during the summit.
DistantNews Editorial

Originally published by Tengrinews. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.