Prospects for the development of retail and e-commerce were discussed during a meeting with the AICEP Portugal Global - Trade & Investment Agency

July 28 this year "QazTrade" JSC held a meeting with the senior management of the AICEP Portugal Global - Trade & Investment Agency (AICEP). Thus, as part of a working visit, the President of AICEP Mr. Luis Filipe de Castro Henriques met with the Director-General of "QazTrade" JSC Azamat Askaruly. The meeting was also attended by Adelino Vieira da Cunha da Silva, Chargé d'Affaires ad interim of the Portuguese Republic in Kazakhstan, and Luis Maria Pinto de Mesquita Rebelo de Souza, Advisor to the President of AICEP.

Prospects for the development of exports of domestic goods to Portugal, the development of retail and e-commerce were discussed during the visit of AICEP senior management. Thus, the head of QazTrade invited the largest network of discount stores in Poland - Biedronka (a subsidiary of the Portuguese company Jerónimo Martins) to a joint work. This, in turn, will help to introduce high European standards and thereby increase the volume of exports of domestic producers to new markets.

For reference: Jerónimo Martins SGPS, S.A. is a Portuguese company engaged in the production and distribution of consumer goods. The company's securities are traded on Euronext Lisbon and are included in the PSI-20 stock index.

In addition, Askaruly mentioned about Kazakhstan's high transit potential and its readiness to assist Portuguese companies in developing exports to Central and East Asia.

Portugal views Kazakhstan as an important and reliable partner in a strategically promising region. The President of the Portuguese Agency noted the need to further develop trade and economic cooperation between the two countries and strengthen institutional cooperation between QazTrade and AICEP.

For reference: AICEP Portugal Global - Trade & Investment Agency (AICEP), established in 2007, is a state organization. Its main goal is to promote Portuguese exports, to bring national companies to foreign markets and to attract foreign investment. AICEP carries out its activities in cooperation with the Portuguese Ministry of Foreign Affairs. It has 53 offices abroad.