OREANDA-NEWS. May 29, 2014. Following the visit of the Islamic Development Bank in Kazakhstan within the VII Astana economic forum, the Government of the Republic of Kazakhstan and the IDB signed a framework agreement on partnership.

The signers were Prime Minister Karim Massimov and President of the Bank Dr. Ahmed Mohammed Ali.

This document is based on the principles of partnership strategy implemented between Kazakhstan and the IDB signed in October 2012 during an investment conference "IDB Day".

New expanded format of the Agreement provides opportunities for general banking investments in Kazakhstan in the amount of USD 2 billion before the end of 2016.