Wal-Mart shows interest in Kazakhstan food products

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ASTANA (TCA) — US retail chain Wal-Mart has shown interest in ecologically clean food products from Kazakhstan, Novosti-Kazakhstan news agency reported citing Nurzhan Altayev, deputy chairman of the National Chamber of Entrepreneurs of Kazakhstan.  

“At our invitation a number of companies will visit Kazakhstan in 2016. In March we will receive representatives of the world’s largest retail chain Wal-Mart, who are interested in food products from Kazakhstan,” Altayev told journalists on January 20.

“They show interest in Kazakhstan’s ecologically clean food products. It is the world’s No. 1 retail chain, and if they will purchase food in Kazakhstan it will boost the development of our agricultural business, because Wal-Mart operates all over the world and is represented in all developed countries,” he added.     

Altayev also said that the National Chamber of Entrepreneurs of Kazakhstan has signed a memorandum with the American Chamber of Commerce and expects its delegation to visit Kazakhstan this coming spring with the purpose to attract US business to Kazakhstan’s non-commodity sector.   

“We will be working on attracting American business not to Kazakhstan’s raw materials and commodity sector as it was before but to agriculture and food industry,” he said.

Kazakhstan’s Minister for Investment and Development Asset Issekeshev last week said that organic food could become a priority export niche for Kazakhstan.

He also believes that organic agriculture in Kazakhstan could become one of the major sectors to attract investment.

Sergey Kwan

TCA