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KAZAKHEXPORT HELPS DOMESTIC PRODUCERS TO ENTER THE UAE MARKET

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More than 10 domestic food producers present their products at the Gulfood -2019 International Fair of Persian Gulf . Within the framework of this event, representatives of KazakhExport will advise on the use of insurance tools and help exporters make deals with potential buyers .

Gulfood-2019 hotel-restaurant business in Gulf countries and “Terra” LLP, “Agrarian Credit Corporation”, Astana Agroproduct LLP, GGP “Kazakhstan Meat Union” and many other companies will participate in the international exhibition of culinary products, drinks and equipment. , including those using KazakhExport insurance.

Gulfood’s specialized exhibition is a major event in the world and the Persian Gulf and the Middle East, with over 5,000 companies participating annually. It is expected that more than 98,000 people from 193 countries will take part in the exhibition this year.

Annually, more than 95% of the food is imported to the Persian Gulf and the Middle East, therefore the specialized event is in high demand. For the UAE market, the special importance of this exhibition can be seen from the personal interest of top guests. Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Dubai Commander and UAE Finance Minister will be acquainted with the main trends and news of the exhibition in the first days of the exhibition.

The organizers are the Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan, NCE “Atameken” and the Association of Meat Union of Kazakhstan. The National Chamber of Entrepreneurs of the Republic of Kazakhstan “Atameken” organizes a national stand for Kazakh manufacturers to promote Kazakhstan’s brands on the target markets of the Gulf countries.

Representatives of agricultural products and food production will be introduced at the Kazakhstan stand. As part of the effective implementation of the National Livestock Development Program adopted by the Government of the Republic of Kazakhstan, the Middle East and Persian Gulf market is an attractive destination for export of livestock products in Kazakhstan.

In order to support the non-primary export of our country, KazakhExport representatives will advise on the use of insurance tools, help exporters to structured their deals and negotiate with potential buyers.

KazakhExport Export Insurance Company JSC is a subsidiary of Baiterek Holding. KazakhExport is committed to supporting export growth in non-primary goods, works and services in the priority sectors of the economy, and forming a practice of financial and insurance and non-financial support for Kazakh businesses. The vision of KazakhExport JSC for 2023 is to become the major development institute in the implementation of the state foreign economic policy of the Republic of Kazakhstan in the Central Asian region and the Eurasian Economic Union . You can find out more about the products of state support in the area of export of goods at www.keg.kz.

Source: Ministry of investments and Developments

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