Following the trade and economic mission in Bishkek, representatives of Kazakh companies concluded agreements worth 95 million dollars with enterprises from Kyrgyzstan. This was reported by the Ministry of Trade and Integration of the Republic of Kazakhstan.
Key areas and results of the forum
As part of the forum, Kyrgyz entrepreneurs visited about 80 Kazakh companies from various sectors. Among the sectors represented were machinery, food industry, construction, logistics and information technology.
Joint projects and strengthening ties
During the talks, particular attention was paid to developing direct ties between entrepreneurs, as well as to finding opportunities for joint investment projects and expanding export potential.
- An agreement between the Kazakh company Hyundai Trans Auto and Kyrgyzstan's Trust Technologies on developing cooperation in the supply and servicing of automotive, special and commercial vehicles.
- The signing of memorandums by the national export promotion operator QazTrade with the Chamber of Commerce and Industry of the Kyrgyz Republic and the company Kyrgyz Agroholding to strengthen trade ties in the agro-industrial complex.
The meetings also facilitated direct negotiations between Kazakh exporters and representatives of Kyrgyz business. Notably, the republics had previously stated their intention to bring mutual trade turnover to 3 billion dollars.
Summary of the mission's results
The main topics of discussion at the forum were export expansion, joint investment projects and the development of direct ties between businesses of the two countries.
