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‘Made in Kazakhstan’ brand to enter foreign markets

Business Materials 6 July 2019 14:18 (UTC +04:00)

Baku, Azerbaijan, July 6

By Nargiz Sadikhova - Trend:

The largest online retailer of Russia Wildberries is planning to promote products of ‘Made in Kazakhstan’ brand to foreign markets via online sales, Trend reports with reference to press office of Kazakh Invest.

The corresponding memorandum was signed between Wildberries and Kazakh Invest company. During the negotiations, the parties also discussed possibilities of further cooperation to realize an investment project for creation of centers for online trade in major cities of Kazakhstan.

“Kazakhstan manufactures a number of types of ecologically pure products. Our company is interested in selling this type of product on local markets of Russia. The potential for developing our cooperation is very high. Experts on online trade of new centers will help us develop this cooperation quickly and effectively,” said CEO of Wildberries Tatyana Bakalchuk

Deputy Chairman of the Management Board of Kazakh Invest Rustam Issatayev stated that currently, Kazakhstan implements a number of programs in the digitalization and IT-technologies spheres.

“Creation of the centers will help entrepreneurs scale up their business on the online markets. Kazakh Invest actively supports ICT projects. Our agenda includes ICT projects worth nearly $650 million,” he added.

(1 USD = 384.46 KTZ on July 6)

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