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Baiterek Holding and Citigroup Inc. explore potential cooperation

01.11.2018

Export Memorandum was signed

Export Memorandum was signed

“EIC “KazakhExport” JSC, a subsidiary of “Baiterek” Holding signed a memorandum of understanding, and also approved a joint action plan in the field of export with the Ministry of Foreign Affairs of the Republic of Kazakhstan and the National Chamber of Entrepreneurs “Atameken”.

The event was held as a part of a briefing for the representatives of the diplomatic corps and international business associations on the subject “Export potential of Kazakhstan”. The speakers were Kairat Abdrakhmanov - Minister of Foreign Affairs of the Republic of Kazakhstan, Kairbek Uskenbayev - Vice-Minister for Investment and Development of the Republic of Kazakhstan, Ablay Myrzakhmetov - Chairman of the Management Board of NCE “Atameken”, and Ruslan Iskakov - Chairman of the Management Board of “EIC “KazakhExport” JSC.

Minister of Foreign Affairs of Kazakhstan Kairat Abdrakhmanov, stressed the importance of the memorandum signing in his welcome speech.

Today we have concluded the agreement with NCE “Atameken” and “KazakhExport” in order to combine our efforts in exports promotion. The memorandum covers a wide range of issues included in our joint action plan. According to global practice, the purposes of investment and export promotion are interrelated. During the preparation of investment projects, investors carefully calculate the possibilities of marketing of the products planned for production. Therefore, the export potential is the most important indicator of the investment climate of the country, - said the head of the foreign-policy establishment Kairat Abdrakhmanov.

Chairman of the Management Board of “EIC “KazakhExport” JSC Ruslan Iskakov in his speech informed about the specific results of the work, including signed export contracts, development strategies, opportunities for financial instruments, arranged trade missions and the participation of domestic companies in international exhibitions.

The trilateral Memorandum of Understanding and Cooperation and the Joint Action Plan include strengthening of interaction, coherence and coordination of actions on the promotion of Kazakhstan exports of goods, work and services in the countries of near and far abroad. The agreements reached have become practical measures for cooperation in the areas of information exchange, market analysis, work with specific partners for the development of exports, study of international best practices and participation in international events.

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