Kazakhstan-Armenia Business Forum Held Online
Yerevan, May 25, 2021 – Within the framework of the upcoming 8th meeting of the Intergovernmental Kazakh-Armenian Commission on Economic Cooperation, an online business forum was held with the participation of more than 30 companies from the two countries.
Kazakh businesses were represented by producers of goods and services in such sectors as: construction of railways and highways, modernization of heating systems, renovation of urban transport infrastructure and food industry.
The Armenian side was represented by companies in the field of construction, food products and consulting.
Kazakhstan’s Vice Minister of Trade and Integration Kairat Torebayev, Armenia’s Deputy Minister of Economy Narek Teryan, Kazakhstan’s Ambassador to Armenia Bolat Imanbayev, Charge d'Affaires of Armenia in Kazakhstan Artur Manaseryan and Director of Trade-Industrial Chamber of Armenia Andranik Aleksanyan spoke at the official part of the business forum on further strengthening bilateral economic cooperation.
During the forum, representatives of companies Kazakh Export and KAZAKH INVEST acquainted the entrepreneurs of the two countries with the possibilities of state support measures provided for the promotion of Kazakhstani goods in foreign markets.
According to the representative of KAZAKH INVEST Diana Ablyakimova, this business forum will help form a mutually beneficial agenda for further mutually beneficial cooperation in the investment, trade and economic spheres of Kazakhstan and Armenia.
“Kazakhstan today is new opportunities and huge potential for profitable business. It is worth noting that over the years of independence, the inflow of FDI to Kazakhstan amounted to more than 360 billion US dollars. The main reasons are, among others, our strategic location, favorable business environment, investor protection and our investment incentives. We hope for a significant expansion of fruitful cooperation in the field of investment with Armenia,” said Diana Ablyakimova during the presentation of the investment potential of Kazakhstan.
Within the framework of the forum, the parties agreed on the need to deepen mutually beneficial trade, economic and investment cooperation between the two countries. It was decided to hold a forum in Almaty in the second half of October 2021 with the maximum involvement of interested entrepreneurs from both countries.
