International IFPA and JSC QazTrade held a meeting to discuss cooperation in the field of trade expansion into OIC markets

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On June 9, 2021, International Islamic Food Processing Association (“IFPA”) held a round table meeting with key heads of JSC Center for Trade Policy Development QazTrade (“QazTrade”) which is a body established under the auspices of the Ministry of Trade and Integration of the Republic of Kazakhstan. Its main activities include providing analytical, consulting, informational and technical support for improving the legislation of the Republic of Kazakhstan in the field of foreign trade, dissemination of information and knowledge about the modern system of international trade and the principles of its regulation and trade policy measures.

During the lively discussion, parties highlighted the importance of beneficial cooperation for an effective partnership to contribute to developing export potential of enterprises and their goods, conducting feasibility studies and market analysis of potential export markets and organizing a marketing campaign to promote the products together with the formation of a package of necessary documents for the export of goods and services with the study of trade barriers and the development of proposals for their elimination. In particular the focus will be on logistics, export-oriented projects, e-commerce and other initiatives for business entities willing to enter Islamic markets of the OIC.

Both parties agreed to sign a Memorandum of Understanding very soon and establish joint working groups to continue their mutual discussions to make their combined services and benefits available to all export-oriented companies of Kazakhstan in the agri-food sector.