KazakhExport takes part in Vibrant Gujarat Global Summit
India is hosting the Vibrant Gujarat Global Summit, centered around the theme "Industry 4.0 – Industrial Revolution, Technology, and Innovation: Driving Inclusive Growth and Transition to Sustainable Development."
The summit endeavors to foster trade and economic connections, promote inclusive growth, facilitate transit transport, and encourage inter-country collaboration.
Among the participants are heads of state, leaders of global corporations, and representatives of international organizations.
As part of the summit, a seminar titled "Kazakhstan-India: New Connections" was conducted, featuring participation from KazakhExport Export Insurance Company.
During this seminar, Armana Bekbasova, Director of the Department of International Cooperation, outlined the avenues for enhancing trade and economic relations between Kazakhstan and India leveraging the financial and insurance mechanisms of KazakhExport.
Specifically, participants were briefed on opportunities to improve financial conditions for bilateral business interactions, including deferred payment terms for goods and services sourced from Kazakhstan, as well as advance payments from Indian buyers to Kazakhstani suppliers.
Additionally, Armana Bekbasova highlighted the potential for establishing and executing export-oriented production ventures in Kazakhstan with Indian investments facilitated by KazakhExport.
