Nursultan Nazarbayev at the meeting with the "captains" of Chinese business spoke about the Astana International Financial Centre (AIFC).
"We successfully held EXPO-2017 last year, where Chinese companies had participated very actively, for which we are grateful. The Astana International Financial Centre will begin to work on the site of these facilities. Its legal status is enshrined in the Constitutional Law, the official language is English, English Law and independent arbitration apply. Participants of the AIFC are granted with tax privileges for 50 years, simplified currency, visa, legal regimes. This is the only Centre of the region; which work is based on English Law. The Shanghai Stock Exchange and the American Exchange Nasdaq are involved in the creation of the high-tech AIFC Exchange. AIFC has every opportunity to become a regional Centre for the development of green, Islamic, innovative financial instruments. On July 5, as I mentioned, we plan to hold an official presentation of the Astana International Financial Centre for the international community" - the Head of State said.
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