A Memorandum on the Development of Economic Communities

A Memorandum on the Development of Economic Communities has been signed between the Republic of Kazakhstan and the Federal Republic of Germany.

On July 20, 2021, Kazybek Shaikh, President of the ALE "National Association of Cooperatives and Other Forms of Economic Communities of the Republic of Kazakhstan," signed a Memorandum on the Development of Economic Communities with Oswald Valery, Chairman of the German-Kazakh Community "Qazan e.V."

Memorandum Text Read

The mission of the ALE SRO "National Association of Cooperatives and Other Forms of Economic Communities of the Republic of Kazakhstan" is to:

Create the conditions for the development of cooperatives and other forms of economic communities as an effective mechanism for improving people's well-being through their self-organization, self-governance, cooperation, and mutual assistance.

They also aim to develop and implement standards, rules, and procedures for interaction with government bodies and self-regulatory bodies. This will ensure the protection of the rights and property of cooperative members, the development of the cooperative movement, and the fight against financial pyramids.

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