Forum in Milan Launches First Trade and Economic Mission of Kazakh Companies

The first trade and economic mission of Kazakh companies to Italy was launched during the Kazakh-Italian business and investment forum, which takes place on Oct. 7-9 in Milan, reported the Kazakh Trade and Integration Ministry’s press service.

More than 50 Kazakh enterprises, representing sectors such as agriculture, oilfield services, textiles, tourism, and IT, participated in the mission. 

The event is organized by the Embassy of Kazakhstan in Italy, the Ministry of Trade, and the Italian-Kazakh Trade Association (ACIK), in collaboration with the Lombardy Region. Its primary objective is to establish a dynamic platform for dialogue designed to facilitate trade and investment between the two nations while also deepening and expanding existing economic partnerships.

The eight agreements signed during the forum span various sectors, from energy and aviation to healthcare and manufacturing, reflecting the mutual interest in strengthening trade and investment ties.

One key agreement was the memorandum of institutional cooperation between QazTrade Trade Policy Development Center and Confapi, an association of Italian small and medium-sized companies, aimed at fostering institutional support for joint ventures.

In the energy and aviation sector, KazMunayGas Aero signed two agreements. The first, with Maire, focuses on the production and use of sustainable aviation fuel (SAF). The second agreement, with NEOS Airlines, ensures the steady supply of jet fuel at Astana’s airport.

Other agreements also cover healthcare projects in Kazakhstan, a document on developing Kazakhstan’s manufacturing capabilities and local production, and agreements with three Italian companies – Zeeco Inc., CRI Enerbility S.r.l., and IMI Remosa—to collaborate on projects that will enhance local production and infrastructure. 

Kazakh Trade Minister Arman Shakkaliyev underscored Italy’s status as one of Kazakhstan’s top three trade partners in the European Union (EU), highlighting the Made with Italy concept to boost joint venture products in international markets.

THE ASTANA TIMES

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