India taking part in three key business expos in Kazakhstan

Posted By: Staff
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New Delhi, May 21 (ANI): Business ties between India and Kazakhstan are set to receive a further fillip with captains and representatives of Indian industry taking part in three international business expos in Astana and Almaty.

According to sources in the Embassy of Kazakhstan, at least 70 to 80 Indian companies are taking part in the India Expo in Almaty, which began today and will end on May 23.

The purpose of India Expo-2009 is to demonstrate India's industry and seek long-term private-to-private cooperation.

The India Trade Promotion Organisation and the Indian Embassy in Kazakhstan are organizing the event.

Small and medium businesses representing different sectors - energy, oil and gas, nuclear industry, auto-industry, IT-technologies, pharmacy, jewelry, agriculture, metallurgical and steel-making will showcase their products and conducts meeting with their potential Kazakh partners.

Embassy sources said Indian participation is also taking place in the 11th Kazakhstan International Exhibition Construction and Interiors, Heating and Ventilation, Windows and Doors, Facades, Ceramics and Stone, which began in Astana on May 20 and ends on May 22, as also the 7th Kazakhstan International Exhibition of Cars, Commercial Transport, Automotive Spare Parts, Accessories, Service Equipment and Technologies.

Cooperation between India and Kazakhstan has intensified over the years. Bilateral trade turnover has risen from 120 million dollars in 2005 to 368 million dollars in 2008.

Kazakh President Nursultan Nazarbayev visit to India in January 2009 has given a fresh impetus to bilateral relations in political and commercial spheres.

The Joint Declaration on Strategic Partnership that was adopted foresees comprehensive cooperation in all spheres. A number of agreements and memoranda of understanding were signed in oil and gas sector, nuclear energy, space exploration. (ANI)

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