(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 25. On June 6-8, 2022,
Baku will host the Trade and Economic Mission (TEM) of Kazakhstan,
where Kazakh producers and service providers will be
represented.
The mission aims to expand trade cooperation between Kazakhstan
and Azerbaijan in the food, light, oilfield services industries, as
well as automobile, metal-rolling and household chemicals
sectors.
The event will be supported by the Ministry of Trade and
Integration of the Republic of Kazakhstan and QazTrade JSC, the
Embassy of the Republic of Kazakhstan in Azerbaijan and Kazakhstan
Trade House in Azerbaijan.
The prospects of bilateral trade cooperation have been gaining
considerable momentum recently. At this stage, the priority
directions of non-resource exports from Kazakhstan to Azerbaijan
are food products and machinery products.
Thus, according to the comments of PwC Azerbaijan
representatives, due to sharp changes in the global economic agenda
and, as a result, the emergence of trends to limit the export of
grain and other products, an increase in demand for food products
in the market of Azerbaijan is expected.
Most of the TEM events will be held in the format of B2B
negotiations between entrepreneurs from both countries, which will
allow Azerbaijani business to learn in detail about the benefits of
Kazakhstani products and agree on business cooperation and future
deliveries.
The Kazakhstani delegation included companies participating in
the Export Acceleration Program, operated by QazTrade JSC. For the
third year in a row, the Program has been one of the popular tools
of state support for Kazakhstani exporters, including the
Azerbaijani market.
Among the participants there are representatives of the
Kazakhstani IT and construction sectors, producers of meat, dairy,
flour and confectionary products, and companies that produce metal
constructions.
The upcoming Trade and Economic mission is expected to establish
long-term business ties between the two countries, as well as to
sign contracts for the supply of Kazakhstani products to
Azerbaijani partners.
We invite interested representatives of Azerbaijani business to
visit the TEM. The venue is the Fairmont Baku Hotel. Admission is
free.
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