Representatives of the Administration of the President of Uzbekistan Visit the AIFC to Study the Experience of creating an international financial centre
A delegation from the Administration of the President of the Republic of Uzbekistan, led by Deputy Head of the Administration Sherzod Ozodzoda, visited the Astana International Financial Centre (AIFC) to study the practical experience of establishing and developing an international financial centre as part of the creation of the Tashkent International Financial Centre (TIFC).
During the visit, particular attention was given to the AIFC’s institutional architecture, legal framework, and regulatory model, which is based on the principles of English common law and independent financial supervision.
AIFC Governor Renat Bekturov presented the structure of the financial centre, the activities of its bodies, and its key areas of development, highlighting the AIFC’s role as a platform for attracting investment and developing the financial system of Kazakhstan and the region.
“The AIFC has built a stable institutional and legal environment for attracting investment and developing Kazakhstan’s financial system. In a relatively short period, we have created a full ecosystem with an independent court, regulator, and exchange infrastructure. Since its launch, the financial centre has attracted more than $20 billion in total investments, including direct investment from participants and debt capital. We are ready to share our accumulated experience and practical solutions with our partners in the region,” noted AIFC Governor Renat Bekturov.
The delegation also visited the Museum of Trust, which presents the evolution of Kazakhstan’s economic system and the country’s institutional reforms.
The Uzbek delegation’s visit confirmed the strategic nature of the two countries’ cooperation in developing financial markets and establishing a modern institutional infrastructure to attract investment in Central Asia and also emphasized the importance of expert dialogue and the exchange of practical solutions.
During the visit, particular attention was given to the AIFC’s institutional architecture, legal framework, and regulatory model, which is based on the principles of English common law and independent financial supervision.
AIFC Governor Renat Bekturov presented the structure of the financial centre, the activities of its bodies, and its key areas of development, highlighting the AIFC’s role as a platform for attracting investment and developing the financial system of Kazakhstan and the region.
“The AIFC has built a stable institutional and legal environment for attracting investment and developing Kazakhstan’s financial system. In a relatively short period, we have created a full ecosystem with an independent court, regulator, and exchange infrastructure. Since its launch, the financial centre has attracted more than $20 billion in total investments, including direct investment from participants and debt capital. We are ready to share our accumulated experience and practical solutions with our partners in the region,” noted AIFC Governor Renat Bekturov.
The delegation also visited the Museum of Trust, which presents the evolution of Kazakhstan’s economic system and the country’s institutional reforms.
The Uzbek delegation’s visit confirmed the strategic nature of the two countries’ cooperation in developing financial markets and establishing a modern institutional infrastructure to attract investment in Central Asia and also emphasized the importance of expert dialogue and the exchange of practical solutions.