Uae-kazakhstan Business Council to host its first meet on Feb.28

DUBAI: The Uae-kazakhstan Business Council will hold its first meeting on 28th February, 2024, at the Kazakhstan Pavilion at Expo City Dubai. The meeting will be atended by the Kazakh Minister of Trade and over 200 private companies and institutions representing various trade and investment sectors from both countries.

In a statement, the Federation of UAE Chambers of Commerce and Industry (FCCI) said that it discussed the agenda of the upcoming meeting with the Kazakh side during a meeting between Humaid Mohamed Ben Salem, Secretary-general of the FCCI, and Madiyar Menilbekov, Ambassador of Kazakhstan to the UAE.

The meeting also discussed the renewal of the Memorandum of Understanding (MOU) for the establishment of the Uae-kazakhstan Business Council between the FCCI and the Chamber of International Commerce of Kazakhstan.

Ben Salem stressed the FCCI’S continuous efforts to promote trade and investment in the UAE, as well as to highlight the fruiful investment opportunities in Kazakhstan. He emphasised that holding regular meetings between businesspersons will help create newpartnershipsthatservetheinterestsofbothsides.

For his part, the Kazakh Ambassador expressed thekeennessofthekazakhbusinesssectortointensify joint work with the FCCI to promote the activities and events of the Uae-kazakhstan Business Council.

A month earlier, The UAE Ministry of Investment has signed a Memorandum of Understanding (MOU) with the Ministry of Digital Development, Innovations, and Aerospace Industry of the Republic of Kazakhstan and the Sovereign Wealth Fund Samruk-kazyna.