Kazakhstan’s trade with UAE
Dubai hosted a trade mission of Kazakhstani producers organized by the Kazakh Agency for Export and Investment KAZNEX INVEST, Ministry for Investments and Development of Kazakhstan, and the Chamber of Commerce and Industry of Dubai with the assistance of the Embassy of the Republic of Kazakhstan to the United Arab Emirates.
This is the first trade mission in which Kazakhstan has presented its industrial and export potential, KAZNEX said.
The event was attended by 19 producers in the field of mechanical engineering (smart POS terminals), construction (dry mixes, acrylics), pharmaceutical (tubes with accessories for taking venous blood, drugs), food (salt, flour, soft drinks, camel milk, eggs, flour) industries and services (non-destructive testing, technical diagnostics, installation and maintenance of electrical installations in the oil and gas industry). Kazakhstan’s companies have held talks with leading wholesale purchasing and distribution companies of the UAE for the supply of domestic products in the Emirates market, as well as issues of registration and certification of products.
Foreign trade turnover between Kazakhstan and the UAE in 2015 amounted to US $109.5 million. Last year was the first time when Kazakhstan had exported eggs and meat products in the UAE market.
By the end of this year KAZNEX INVEST plans to hold trade missions and present products of domestic manufacturers in the Russian Federation.
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