Export vector — Caucasus

Oct 12. Kazpravda. Tbilisi

By Aset Kalymov

Export vector — CaucasusThe Kazakh-Georgian business forum signed contracts worth more than $ 5.5 million.

A group of Kazakhstan commodity producers paid a working visit to Tbilisi. JSC Kaznex Invest — the national agency for export and investment of the RK Ministry of Industry and Trade under support of the Georgian Chamber of Commerce organized the trade mission to promote domestic goods at the foreign markets.

This is the second visit of Kazakh businessmen to Tbilisi over the last years. This time, the representatives of 12 companies, involved in engineering, construction, pharmaceutical, food and chemical industries, came to establish cooperation with the Georgian colleagues. Vice minister of Economy and Sustainable Development of Georgia Ketevan Botchorishvili, Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Georgia Ermukhamet Ertysbaev, deputy chairman of the JSC Kaznex Invest Meyerzhan Maykenov attended the business forum.

Georgia has long-standing friendly relations with Kazakhstan and successful bilateral cooperation in various areas. An inter-governmental agreement on free trade is working. Today Georgia conducts a large-scale reformation of its economy, which increases the foreign investments into the country; therefore, the local government will support the bilateral business contacts in any way.

Georgia is attractive primarily for its unique geographical position and can become a bridge between Central Asia and Europe. Last year, the bilateral trade turnover between Georgia and Kazakhstan totaled $ 160 million, which is 4 times higher than in 2009 (the lion share of the sum belongs to Kazakhstan’s export to Georgia).

In the frames of the forum, a presentation of two local companies was held — Hyundai Auto Truck and Bus automobile assembly plant from Almaty region and the energy-saving building materials production plant from Almaty LLP “Construction KZ”. Shalkar Nurtleuov, director of Hyundai Auto Truck and Bus said the plant produces 2 thousand units per year. The range of products has expanded and the output is exported to Belarus, Russia, Azerbaijan and Kyrgyzstan.

S. Nurtleuov said earlier the company sold the imported cars in Kazakhstan, but with the beginning of the country’s large-scale industrial and innovative program, the company decided to start its own production. During a short period of time, our products gained credibility and recognition abroad. Due to our Azeri partners, we are planning to take our niche at the Caucasian market.

Other members of the trade mission, the manufacturers of innovative building materials, confectionery products, medical equipment, medicines, fertilizers and food, have opened their offices in almost all post-Soviet states and foreign countries. The geography of their exports is expanding.

Some of them successfully cooperate with Georgian businessmen and supply their products to Georgia. Others are just discovering the new promising market of the South Caucasus. Our country has proved that we can produce competitive goods of high quality. For example, the output of Kostanay confectionery factory “Bayan Sulu” is sold in 10 states; it annually exports 35% of 40 000 tons of products.

The businessmen were very interested in bilateral cooperation. A number of meetings were held there and resulted in the signing of several agreements on supplying of Kazakh products to the Georgian market.

Many contracts worth over $ 5.5 million were signed. In near future, our producers will supply their products “Made in Kazakhstan” to Georgia. The supply issues were also discussed at the meetings in the Ministry of Economy and Sustainable Development, the Ministry of Agriculture and the Ministry of Health of Georgia.

Caucasian export vector was chosen timely and Tbilisi business forum gave a new impetus to the bilateral cooperation development.

Another Kaznex Invest trade mission will go to China soon. Within 3 years the events proved their efficiency: the total amount of export contracts exceeded $ 1 billion dollars.