Contracts for $11.8 million signed between Kazakhstan and Kyrgyzstan

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BISHKEK (TCA) — A trade mission of Kazakhstan producers, organized by the National Company KAZAKH INVEST and the Chamber of Commerce and Industry of the Kyrgyz Republic, was held in Bishkek. As a result of the event, export contracts were signed for the supply of products worth $11.8 million, the official website of the Prime Minister of Kazakhstan reported on May 4.

The event was attended by 30 Kazakhstani manufacturers of chemical products, construction materials, food, machinery, packaging, and pharmaceutical products and more than 120 Kyrgyz companies interested in purchasing Kazakhstani goods.

Eight Kazakhstani companies met with the leadership of the Narodniy network, the largest retail chain which includes 54 supermarkets throughout Kyrgyzstan. Kazakhstani producers agreed on the supply of food products to this network.

“We are very interested in the supply of Kazakh products to our network. In particular, following the results of the meeting, we will conclude contracts for the purchase of edible salt, meat products, flour, pasta, canned food. We are considering the possibility of working on bio-packages,” said Yekaterina Redkina, commercial director of the Narodniy network.

Also, within the framework of the forum, a contract for the supply of polyethylene pipes and pipeline fittings between the Kazakh manufacturer ChevronMunaiGaz and OJSC GazPromKyrgyzstan was signed.

According to the regional director of JSC Shymkentcement Alexander Oshurkov, “the company’s participation brought a concrete result and we agreed with partners to supply cement to Kyrgyzstan in the amount of 12 thousand tons.”

“The Kazakh company will build multi-profile food storage facilities in Kyrgyzstan. Thus, an agreement was signed between JSC Kyrgyz Food Corporation and Kazakhstan company LLP Metall Metal Factory. Storage of agricultural products is important for Kyrgyzstan, and the Kazakhstani company offers solutions for this. This is a big project and we are happy that the Kazakhstani company will implement it,” Askar Arynov, Managing Director of KAZAKH INVEST said.

Sergey Kwan

TCA