Astana: Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef met today with Yersayin Nagaspayev, the Minister of Industry and Construction of the Republic of Kazakhstan. The discussions focused on strengthening joint cooperation in the industrial and mining sectors, aiming to foster investment partnerships that serve the mutual interests of both nations.

According to Saudi Press Agency, the meeting explored potential expansions in the mining and mineral resources sector, where both countries are keen to capitalize on strategic mineral investment opportunities. The dialogue included plans to bolster partnerships between the private sectors of Saudi Arabia and Kazakhstan, with an emphasis on cooperation in mining value chains and related industries. The ministers also discussed the exchange of expertise, knowledge, and modern technologies, which is expected to contribute to the development and competitiveness of the sector.

Additionally, the meeting highlighted opportunities for enhancing industrial cooperation across promising sectors and developing investment partnerships. The exchange of expertise in manufacturing and processing industries was also on the agenda, further underscoring the potential for bilateral growth.

The talks further delved into leveraging shared experiences and expertise in developing industries based on natural resources, with an aim to enhance their added value. These discussions are poised to support the industrial and mining development objectives of both Saudi Arabia and Kazakhstan, while paving the way for new economic partnerships between the two nations.