12.06.2024

Baiterek Holding and K-Sure explore new cooperation opportunities

Baiterek Holding and K-Sure explore new cooperation opportunities

        On June 12, 2024, Baiterek National Management Holding hosted a delegation from the Korea Trade Insurance Corporation (K-Sure) at its headquarters. The meeting aimed to explore cooperation opportunities and conditions in key economic sectors.

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        The meeting brought together representatives from both organizations, notably Mr. Youngjin Jang, President of K-Sure. Zhandos Shaikhy, Deputy Chairman of the Board of Baiterek Holding, delivered the main presentation, outlining the Holding's core activities and its pivotal role in advancing Kazakhstan's major economic sectors.

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     "Proposals for syndicated financing, co-financing through Development Bank of Kazakhstan, the establishment of joint funds with Qazaqstan Investment Corporation, and the utilization of insurance and guarantee instruments through Export Credit Agency of Kazakhstan present new opportunities for both parties in agriculture, manufacturing, infrastructure, and export operations," said Zhandos Shaikhy.

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     The discussion focused on specific measures and projects that could be realized within these cooperation frameworks.

Background Information:

     The Korea Trade Insurance Corporation is a South Korean state institution dedicated to promoting the country's exports and supporting exporters by mitigating country and credit risks for South Korean financial institutions and potential importers.


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