A company from Kazakhstan signed contracts for $18 million at an exhibition in Shanghai

At the fifth China International Exhibition of Imported goods, the company from Kazakhstan for the production of camel milk «Golden Camel» signed 2 contracts with trading companies Shandong Huabai Trading Co., Ltd. and Shanghai Oriental TV Shopping Co., Ltd. The total amount of contractual obligations is $18 million.

«Golden Camel Group Ltd» is engaged in processing camel milk and sends products for export. The activity of the enterprise, created with the participation of Chinese investors, contributes to the development of camel breeding in the Turkestan region. In 2018, the company built a camel milk processing plant with a capacity of 100 tons of raw materials per day. The first batch of dry camel milk was exported to China in 2020.

Also, during the exhibition, a memorandum of cooperation was signed between the Foreign Trade Chamber of Kazakhstan and the Chinese Chamber of Commerce for the Import and Export of Machine-Building and Electronic Products (CCME). The document will contribute to the development of production and supply of high-tech products to the markets of our countries.

Reference:

The Fifth China International Import Goods Exhibition (China International Import Expo (CIIE) is the largest multi-industry event held annually at the National Exhibition and Convention Center in Shanghai. In 2022, companies from 145 countries are taking part in the exhibition. Kazakhstan's products are represented by 25 enterprises.