On 8 October 2024, Astana International Financial Centre (AIFC) together with the Secretariat of the Conference on Interaction and Confidence Building Measures in Asia (CICA) hosted an online CICA experts meeting devoted to discussing the initiative of Kazakhstan on institutionalization of the CICA Finance Summit.
The event opened with remarks from CICA Deputy Secretary General Ms. Zhang Ling, who provided an overview of the history and evolution of the CICA Finance Summit. Initially launched by the People's Republic of China during its Chairmanship from 2014 to 2018, the Finance Summit has played a crucial role in fostering financial cooperation, with prior summits held in Chengdu, Nanning and Jinan. Ms. Zhang Ling underscored the importance of President Kassym-Jomart Tokayev’s 2022 proposal to institutionalize the Finance Summit as a permanent platform to strengthen cooperation among financial sectors of CICA Member States.
The event marks the launch of a series of meetings dedicated to the discussion of the objectives, structure, and operational modalities for the institutionalized CICA Finance Summit.
The meeting follows a panel session held on 6 September 2024, at the Astana Finance Days Forum, where representatives of financial institutions and diplomatic missions from CICA Member States, as well as the leadership of the AIFC and the CICA Secretariat, engaged in a preliminary exchange of views on the initiative.
