National managing holding KazAgro held meeting on cooperation issues with representatives of World Bank

/KASE, February 13, 15/ – National managing holding "KazAgro" JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement: quote In Astana, a meeting was held of representatives of "KazAgro" National management holding and the World Bank. The discussion focused on trends of agriculture development in the world and issues of industry development in Kazakhstan. In addition, the parties discussed the prospects of cooperation in the diversification of agricultural sector of the republic and its adaptation to climate change. Delegation of guests, headed by the Chief of the global programs of the World Bank in the field of agriculture and rural areas development Mark Cackler, was interested in a wide range of topics - from the development of promising directions in agriculture to industry financing and measures of state support of agricultural producers of Kazakhstan. A separate topic of conversation was the financial instruments of "KazAgro" National holding and its plans for the future. During the meeting the representatives of the holding informed the World Bank experts about current state of agriculture. Acting Chairman of the Executive Board of "KazAgro" holding Dauren Mahazhanov told the guests about the existing funding mechanisms of domestic agriculture, the main directions of Agribusiness 2020 program, subsidy system, as well as key priorities for further development of the group of companies of "KazAgro" National holding. The parties spoke about the coincidence of positions on many issues of both global and Kazakhstan agriculture development. Touching upon the prospects of cooperation, Kazakhstan Holding has expressed interest in the direction of long-term funding, as well as assistance in the development of technical support in the agricultural sector of the republic of network of loan partnerships. This