Expanding Trade with Kazakhstan... Korea Importers Association Hopes for Active Exchange of Mineral Resources

Business Forum and Consultation Meeting Held on the 21st
MOU Signed to Expand Trade and Strengthen Cooperation

The Korea Importers Association import delegation announced on the 21st (local time) that it held the ‘Korea-Kazakhstan Business Forum and Consultation Meeting’ at the Astana Export Promotion Center (QazTrade) in Kazakhstan to expand the global supply chain.

Kim Byung-kwan, President of the Korea Importers Association (front row, left), and Kaldybayev, Secretary General of the Kazakhstan Export Promotion Agency (front row, right), are taking a commemorative photo after the signing ceremony of the Memorandum of Understanding (MOU) at the Astana Export Promotion Center (QazTrade) in Kazakhstan on the 21st (local time).
[Photo by Korea Importers Association]

The forum was attended by Kim Byung-kwan, Chairman of the Korea Importers Association; Cho Tae-ik, Ambassador of the Republic of Korea to Kazakhstan; Karimov Azamat Kairatovich, Chief of Staff of the Ministry of Trade and Integration of Kazakhstan; Kalambeqovich Kaldibayev, Chief of Staff of the Kazakhstan Export Promotion Agency; officials from the mineral and investment sectors; and more than 50 companies from both countries.

Business consultations were held between companies from both countries related to raw materials and mineral resources, and a Memorandum of Understanding (MOU) was signed between the Korea Importers Association and the Kazakhstan Export Promotion Center to expand trade and strengthen cooperation.

Chairman Kim Byung-kwan said in his opening remarks, “Kazakhstan is the largest economy and a resource-rich country in Central Asia. It is very meaningful to dispatch the Korea Importers Association import delegation at a significant time when cooperation between the two countries is being further strengthened following President Yoon Suk-yeol’s state visit to Kazakhstan in June this year. I hope that this visit will serve as an opportunity to further activate exchanges between the two countries in various items, including Kazakhstan’s excellent mineral resources.”

Karimov Azamat Kairatovich, Chief of Staff of the Ministry of Trade and Integration, emphasized, “The two countries have maintained friendly relations in various fields such as trade and investment for many years. Especially, as we are striving to develop and expand exports of mineral resources, I am confident that the signing of this MOU will increase trade volume between the two countries.”