
Kazakhstan looking forward to hosting PM Modi at SCO Summit in Astana next year, says envoy Zhalgasbayev
Hindustan TimesOn the occasion of Kazakhstan Republic Day, the country's ambassador to India, Nurlan Zhalgasbayev, addressed a Round Table in New Delhi saying that his country was looking forward to hosting Prime Minister Narendra Modi at the SCO Summit in Astana next year. "President Tokayev proposed that in order to support the manufacturing industry, foreign and domestic investors should be exempted from paying taxes and other mandatory payments for the first three years," the statement read. Also underlining Kazakhstan's commitment to sustainability and environmental protection, the President said, "In the long run, a global transition to clean energy is inevitable." In the realm of transportation, President Tokayev outlined plans to establish Kazakhstan as a major transit hub in Eurasia, focusing on key routes like the Trans-Caspian and the international North-South Corridor.
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