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Kazakhstan, Portuguese Trade and Investment Agency to co-op on investment projects

Business Materials 28 July 2021 12:11 (UTC +04:00)
Kazakhstan, Portuguese Trade and Investment Agency to co-op on investment projects

BAKU, Azerbaijan, July 28

By Nargiz Sadikhova - Trend:

Kazakhstan’s KAZAKH INVEST National Company and the Portuguese Trade and Investment Agency signed the Memorandum of Understanding, trend reports citing KAZAKH INVEST.

The prospects for economic cooperation and new approaches to the implementation of investment projects were discussed during the visit of the CEO of the Portuguese Trade and Investment Agency (AICEP) to Kazakhstan.

The President of AICEP Luis Filipe de Castro Henriques also noted the great potential for the development of trade, economic and investment cooperation between the two countries in such sectors as mechanical engineering, agriculture, textile industry, transport and logistics, renewable energy, etc.

Following the meeting, the Memorandum of understanding was signed, which will allow the parties to support initiatives on the implementation of investment projects, as well as inform each other about new promising areas of mutual cooperation. The parties also considered the issue of further cooperation, establishing contacts and organizing joint investment events.

The Agency for Investment and Foreign Trade of Portugal (AICEP), established in 2007, is a state organization. Its main goal is to promote the export of Portuguese goods, the entry of national companies into foreign markets and the attraction of foreign investment. AICEP operates in cooperation with the Portuguese Ministry of Foreign Affairs. It has 53 representative offices abroad.

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