TEM of Kazakhstan in Bishkek: 6 export contracts for $17.5 million
The Kazakhstan Trade and Economic Mission in Bishkek has completed its work.
It was attended by 20 domestic manufacturers of goods and services operating in the food industry, metallurgy, logistics, mechanical engineering, pharmaceuticals, chemical industry.
More than 100 companies of importers and manufacturers of Kyrgyzstan took part in the Kazakh-Kyrgyz Business Forum, TEM and B2B negotiations.
Kazakhstan is one of the three main trade and economic partners of Kyrgyzstan. The trade turnover between our countries in 2021 amounted to $970.8 million, which is 14.4% more than in 2020 ($848.6 million).
Exports from Kazakhstan to Kyrgyzstan in 2021 increased by 7.6% and amounted to $625.2 million.
The growth of exports to Kyrgyzstan is justified by an increase in the supply of such goods as: gold, mineral and carbonated waters, coal, medicines and passenger cars. Also in the list of the main export goods are natural gas, rolled metal, tobacco products, cement, construction materials.
The potential for increasing exports of Kazakh processed products to Kyrgyzstan is more than $100mn. These are mainly products of such industries as food, chemical, machine-building, pharmaceutical, metallurgical.
"247 joint ventures with the participation of Kyrgyz capital have been registered in Kazakhstan. The enterprises are mainly engaged in wholesale and retail trade, construction, car sales, agriculture, and light industry. Kyrgyzstan has registered 334 joint ventures with the participation of Kazakh capital in such areas as financial activities, food production, trade, car repair, transport and communications, construction. The volume of direct Kazakh investments in Kyrgyzstan has already exceeded $ 1 billion," Deputy Minister of Trade and Integration of Kazakhstan Kairat Torebayev said, speaking as part of the Trade and Economic Mission of Kazakhstan.
The result of negotiations between Kazakh and Kyrgyz businesses at the TEM site was the conclusion of 6 export contracts for the supply of salt, flour and pasta, beer and soft drinks, confectionery and dairy products from the Republic of Kazakhstan to the Kyrgyz Republic. The total amount of contracts concluded amounted to $17.5 million.
Kazakh business will continue trade negotiations with potential Kyrgyz partners even after the completion of the TEM.
List of companies that participated in the Trade and Economic Mission of Kazakhstan in Kyrgyzstan
№
Company name
Products
1
"DEP" LLP
Production of milk and dairy products
2
JSC "Araltuz"
Extraction and processing of salt
3
"Free Mark" LLP
Production of egg noodles
4
JSC Alel Agro
Production, processing and distribution of chicken meat
5
KAZAGRO-PRO LLP
Vegetable Oil and Meat Producers
6
KZ EXPORT LLP
Trade in agricultural raw materials and finished products
7
LLP "Mareven Food Tien Shan"
Production of pasta and instant noodles
8
IBT Group LLP
Production of metal barrels
9
Maslodel LLP
Production of fat and oil products, milk, condensed milk
10
Saule Confectionery Factory LLP
Confectionery production
11
Tire Line
Ice cream production
12
First Brewery LLP
Production of soft drinks and beer
13
JFOOD KAZAKHSTAN LLP (Tsesna Astyk)
Production of flour and pasta
14
TOO Dolce
Pharmaceuticals, manufacture of medical products
15
LOGIZI Limited
IT company in the field of logistics
16
JSC Aktyubrentgen
Production of medical X-ray equipment
17
TOO "DALA-FRUIT.KZ "
Production of natural apple juices
18
Nur Kagazy LLP
Production of Paper and Cardboard and corrugated products from them.
19
Keruen plus Llp
Production of plastic building materials
20
SOZO LLP
Production of plastic building materials