Trade and Economic Mission to UAE held in Dubai
In the city of Dubai, a representative office of Kazakh Invest in the United Arab Emirates together with the Foreign Trade Chamber of Kazakhstan organized the Trade and Economic Mission to UAE.
34 companies of the United Arab Emirates and 16 Kazakhstan companies participated in the event, held negotiations with potential partners, discussed the conditions for cooperation in detail.
Representatives of the Arab business got acquainted with the Kazakhstan products in such sectors as: agriculture, light and food industry, metallurgy, oil-and-gas industry.
«Leading companies in the most various economic sectors, of the United Arab Emirates today show great interest in Kazakhstan related to business partnership. Kazakhstan is considered here as a stable and actively developing region with huge prospects. Business of the United Arab Emirates is considering the format of investment and creation of productions in the territory of the Republic of Kazakhstan, as they are interested in the full cycle with the high added cost» - Head of Representative Office of Kazakh Invest in the United Arab Emirates Ilya Urazakov stressed at the meeting.
At the meeting with representatives of the business-community of two countries Ilya Urazakov told about tax preferences for priority investment projects, the functioning of “single-window” for foreign investors.
For reference: Commodity turnover between Kazakhstan and the United Arab Emirates for 2017 accounted for USD640 million.