20 August, 2018

Trade and Economic Mission to UAE took place in Dubai

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In the city of Dubai, a representative office of JSC Kazakh Invest National Company in the United Arab Emirates, together with the Foreign Trade Chamber of Kazakhstan, organized the Trade and Economic Mission to UAE.

Representatives of 34 UAE companies and 16 Kazakh companies took part in the event. Negotiations with potential partners were held, where the conditions for long-term cooperation were discussed in detail.

Representatives of the Arab business got acquainted with the goods of production in Kazakhstan in such branches as agriculture, metallurgy, oil and gas, light and food industries.

"Leading companies in the most diverse sectors of the UAE economy today show great interest in Kazakhstan in terms of business partnership. Kazakhstan is perceived here as a stable and actively developing region with huge prospects. The UAE business is considering the format of investment and creation of production in the territory of Kazakhstan, as they are interested in the full cycle with high added value," head of the Kazakh Invest Representative Office in the UAE, Ilya Urazakov, said during the event.

At a meeting with representatives of the business community of the two countries, Urazakov talked about tax preferences for priority investment projects, the functioning of a "single window" for foreign investors.

Trade turnover between Kazakhstan and the UAE for 2017 reached $640 million.

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