Kairat Torebayev spoke about the approaches of bilateral cooperation between Kazakhstan and Canada

Today, on November 25 of this year, the 5th plenary meeting of the Kazakh-Canadian Business Council was held, during which issues of bilateral trade were discussed.

The event is aimed at exploring new business opportunities in Kazakhstan and Canada, as well as providing a platform for meetings with potential clients and business partners.

The meeting was attended by representatives of the Embassy of the Republic of Kazakhstan in Canada, the Embassy of Canada in Kazakhstan, NAC «Kazatomprom», Cameco Corporation», JSC «NC KAZAKH INVEST», the Canadian-Eurasian Chamber of Commerce (CESS), international financial institutions and business leaders of the two countries.

The meeting was attended by vice minister of Trade and Integration of Kazakhstan Kairat Torebayev, who spoke about the export potential of the two countries and measures to support exporters.

Kairat Torebayev proposed new and expansion of existing areas of cooperation between the two countries. Thus, it was proposed to consider new energy sources, such as green hydrogen, which is becoming one of the global energy carriers and a new way of the world economy.

The vice minister noted Kazakhstan's interest in developing an active partnership with Canada in the field of agriculture.

During the meeting, the vice minister announced measures of non-financial and financial support for Kazakhstan's exporters, noting the formed full-fledged ecosystem of support for domestic producers.

For example, this year on Alibaba.com The National Pavilion of Kazakhstan has opened, which currently includes 130 domestic companies exhibiting more than 7,500 products.

"As part of the service support, we organize trade and economic missions, exhibitions, national stands, which help to increase mutual trade turnover. Thus, 157 Kazakhstani manufacturing companies took part in these events, more than 60 export contracts worth $ 335.6 million were signed", - the vice minister said.

As for financial measures to support exporters, Kairat Torebayev spoke about KazakhExport measures that ensure the competitiveness of domestic products in foreign markets through risk insurance, guaranteeing and subsidizing export operations.