AKIPRESS.COM - Astana hosted meeting of the KazAgro Holding and the World Bank representatives.

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.

WB delegation was led by Mark Cackler, Manager of the Agricultural and Rural Development Department of the World Bank.

Acting Chairman of the Executive Board of KazAgro 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 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 is one of the activities of the holding to ensure maximum availability of financing for Kazakhstan agricultural producers.

Business contacts between representatives of KazAgro and the World Bank will be continued to establish mutually beneficial partnership relations.