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Business Council Italy-Kazakhstan constituted with the participation of the «Baiterek» Holding

 

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16 February 2018

The bilateral commercial exchange between the Republic of Kazakhstan and Italy has reached 9,615 billion USD in 2017.

«NMH» Baiterek» spa, Astana, 16 February. The delegation of the holding “Baiterek”, headed by the Vice Managing Director Galymzhan Tadzhiyakov, has attended the VIIIth Meeting of the Intergovernmental Working Group on Economic and Industrial Cooperation. Final result was the decision of the parties to constitute the Italy-Kazakhstan Business Council.

During the visit the delegates of the «Baiterek» Holding had the opportunity to participate also to the activities of the Italian-Kazakh business forum with bilateral meetings with delegates from Italian side, coming from AIDEPI, the banker group UBI Banca, the finance and credit organization Finest, the important industrial holding Leonardo, as well as the governmental consortium ‘Cassa depositi e prestiti Group’. Important projects of the of organizations affiliated to the Holding, and namely Banca dello Sviluppo of Kazakhstan, Damu Foundation and the Kazakhstan Project Preparation Fund, have been illustrated during the meeting.

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More information: The bilateral commercial exchange between the Republic of Kazakhstan and Italy has reached 9,615 billion USD in 2017. Therefore, in 2017 Italy is in second position among the commercial partner countries of Kazakhstan and first of all European countries. Italy is further one of the main economic investors in Kazakhstan. The statistics elaborated by the Central Bank of Kazakhstan, show that from 2005 until the first quarter of 2017, the direct Italian investments in the Kazakh economy were of 5.76 billion USD.

Pino Calcagni (Besana International Ltd/Besana Group) has attended the event.

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