Kazakh, Malaysian businessmen discuss prospects of co-op
Baku, Azerbaijan, Oct. 30
By Rashid Shirinov – Trend:
Businessmen of Kazakhstan and Malaysia have discussed prospects of bilateral cooperation in Kazakhstan’s city of Almaty, Kazinform reported.
"The purpose of our visit is to increase the recognition of Malaysian companies in the Kazakh market, find potential partners in Kazakhstan and develop cooperation, in particular, to increase exports from Malaysia to Kazakhstan, not only in the supply of goods, but also services" said Mohammed Mustafa Abdul Aziz, Director of the Exports Promotion and Market Access Division at Malaysia External Trade Development Corporation.
He noted that there is an increase in trade turnover between the two countries. For example, in 2017, it grew by 60 percent, reaching more than $80 million.
Abdul Aziz noted that the businesses of the two countries can cooperate in the areas of tourism, Islamic finance, education and digital economy.
Malaysian Ambassador to Kazakhstan Syed Mohamad Bakri, in turn, stressed that now Malaysians understand the potential of the Kazakh market. He also reminded that over 320 Malaysian companies participated in the EXPO 2017 in Astana.
Nurlan Kabishchev, head of the office of the Chamber of Entrepreneurs of Almaty, presented the business opportunities in Kazakhstan to the representatives of Malaysian business community.