ASTANA, Kazakhstan, October 17. A trade and economic mission of Kazakh commodity producers to Dubai took place, where export contracts worth over $37 million were signed, Trend reports.
Agreements were reached for the supply of bio-additives, agricultural products, including meat, mineral water, confectionery, microspheres, as well as IT services.
30 Kazakh food and chemical manufacturers, IT service providers and others took part in the trade and economic mission to Dubai. All of them are representatives of small and medium-sized businesses.
As part of the business trip, the entrepreneurs visited large retail chains Carrefour and Lulu Group, the Qazaq gourmet meat store, met with experts in the field of distribution and IT, and got acquainted with the details of marketplaces and a fulfillment center in Dubai.
The UAE market is attractive for Kazakhstan. It is included in the list of priority export destinations for goods manufactured in Kazakhstan.
In 2022, Kazakh entrepreneurs exported products worth $560.3 million to the UAE.
Last year, trade turnover between these countries amounted to $633 million, and there is the potential to increase this amount to $1 billion in the near future by expanding the range of goods.