Home NEWS Kazakhstan and Saudi company look into collaborative gold-mining projects

Kazakhstan and Saudi company look into collaborative gold-mining projects

by Nagoor Vali

ASTANA, Kazakhstan, January 11. Kazakhstan and
the main firm within the area of gold mining and processing,
Saudi Gold Refinery, intend to discover the chances of joint
initiatives sooner or later, Development
reviews.

This was acknowledged throughout a gathering between the Minister of
Trade and Building of Kazakhstan Kanat Sharlapayev and the
Common Director of the Saudi Arabian firm, Suliman
Al-Othaim.

It was famous that joint initiatives can be geared toward strengthening
the partnership between Kazakhstan and Saudi Arabia.

On the finish of the assembly, either side expressed their intention
to proceed the dialogue.

In the meantime, commerce turnover between Kazakhstan and Saudi Arabia
for 2022 amounted to $16.5 million, which is 90.5 p.c greater
than the earlier yr ($8.6 million).

The amount of exports from Kazakhstan to Saudi Arabia on the finish
of final yr decreased by 14.2 p.c and amounted to $4.7
million.

Imports to Kazakhstan from Saudi Arabia in 2022 elevated 3.7
occasions and reached $11.8 million.

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