International Islamic Food Processing Association (“IFPA“) participated in the online webinar with the representatives of the Office of the President of the Republic of Tatarstan, His Excellency Mr. Rustam Minnikhanov.

A live-streamed virtual meeting was devoted to the presentation of IFPA and «Astana» International Finance Centre (“AIFC“) activity and to promote mutually beneficial cooperation with the Republic of Tatarstan in the areas of trade and investment for private sector businesses.

The meeting was kicked off with the presentation of Mr. Baurzhan Sarsembekov, Director of International Business and Cooperation Department of AIFC Business Connect, who widely discussed key areas of activity and opportunities in international investments projects to the main sectors of the countries’ economies. Other highlights during the webinar included a discussion on developing effective mechanisms to promote access to Islamic finance and investments for markets of Tatarstan by Ms. Madina Tukulova, Deputy Head of Islamic Finance & Business HUB at the AIFC.

Some key start-up management and co-investment opportunities were particularly presented by AIFC TechHub and Platforms representative Mr. Arslan Kudiyar, with terms of regulation, registration of new AIFC participants, financing and structuring startups while venture capital companies were presented by Mr. Alibek Sultangazin.

IFPA was represented by Ms. Gulsum Kenenbayeva, Head of International Memberships, who conducted a presentation about the key value proposition of IFPA, namely the OIC countries’ food system security, and remarked: “CIS countries have a growing demand for value-added agri-food products of intra-OIC markets, where IFPA under the leadership of our Director General and CEO, H.E. Sheikh Bilal Khan, is aiming to translate the G2G mandate of our parent entity the IOFS into the B2B reality to explore key challenges, constraints and opportunities of OIC agri-food sector as well as provide sustainable solutions to develop the export potential with particular focus on the deep processing segment for higher added value and attracting Islamic finance and investments into the agri-food sectors of OIC markets including Kazakhstan.”