Kazakhstan and India discussed issues of investment cooperation in agribusiness
Kazakhstan and India discussed the possibilities of investment cooperation in agriculture during the webinar "Interaction with Kazakhstan: opportunities for cooperation".
The webinar was attended by the Ambassador of the Republic of Kazakhstan to India E. Alimbaev, Vice Minister of Agriculture of the Republic of Kazakhstan N. Dairbekov, President of the Association Fat-and-Oil Union of Kazakhstan K. Nevzorov, Director of the Investment Attraction Department at KAZAKH INVEST Zh. Temirgali, Foreign Representative of KAZAKH INVEST in India A. Nuralina.
The Indian speakers included the Ambassador of India to Kazakhstan P. Kumar, representatives of the Ministry of Agriculture of India, Agricultural and Processed Food Products Export Development Authority (APEDA), Yes Bank's agribusiness and food industry department, as well as the heads of Indian companies interested in the development of cooperation with Kazakhstan.
During the webinar, the parties discussed in detail the possibilities of cooperation between Indian and Kazakh companies, including for the development of industries focused on the needs of the domestic and export markets.
During his speech, Zhandos Temirgali noted that agribusiness is one of the strategic sectors of the economy of Kazakhstan, the importance of which is rapidly increasing. “Thanks to its huge resource base, strategic location and access to large markets in Europe and Asia, our country has enormous potential for the development of this industry. For India with its growing population, Kazakhstan can become a reliable base for the production of key food products. In this regard, we invite Indian companies to implement investment projects in Kazakhstan in the agricultural sector, including deep processing of grains and oilseeds, production of meat and dairy products, intensive gardening, processing of potatoes and other vegetables. KAZAKH INVEST has prepared more than 40 specific investment proposals in various sectors of agribusiness, which will be sent to potential Indian investors," - said Zh. Temirgali.
The webinar was organized by the Indian Chamber of Commerce and Industry ASSOCHAM with the support of the Embassy of the Republic of Kazakhstan in India and KAZAKH INVEST. The event was attended by over 60 representatives of Indian companies.
