The Second Meeting of the Kazakhstan-Brazil Business Council Took Place in Astana
As part of a visit to Astana by representatives of Brazil's National Confederation of Industry (CNI) led by Vice President Gilberto Porcella Petry, the second meeting of the Kazakhstan-Brazil Business Council was held. The event was organized by the Kazakhstan Industry and Export Center "Qazindustry," CNI, and the Embassy of Kazakhstan in Brazil. The event took place in online and offline formats, gathering over 100 participants.
The Business Council was created in 2021 at the initiative of the Embassy of Kazakhstan in Brazil to expand economic ties between the two countries by developing business contacts and mutually beneficial cooperation between Kazakhstani and Brazilian entrepreneurs. The first meeting of the council took place in November of the same year in Brazil, with the participation of Deputy Minister of Foreign Affairs Almas Aidarov.
The event in Astana was opened by the Chairman of the Board of Directors of QazIndustry Berik Bekenov, who noted that Brazil is the main economic partner of the Republic of Kazakhstan in South America. He assured that the Business Council, which includes leading companies from both countries, is becoming an active platform and a powerful driving force for increasing trade turnover and strengthening investment cooperation between the two countries.
In turn, Vice President of Brazil's National Confederation of Industry (CNI) Gilberto Porcella Petry said that this visit is very important for Brazilian business, giving a new impetus to the development of bilateral cooperation. Thus, a number of Brazilian companies are already considering the possibility of implementing investment projects in Kazakhstan.
According to the Ambassador of the Federative Republic of Brazil to the Republic of Kazakhstan Rubem Antonio Correa Barbosa, Central Asia is a rapidly developing and promising region with which Brazil must strengthen cooperation. Kazakhstan is Brazil's largest partner in the region, and the similarity of economies, the size of territories, and the presence of resource and raw material bases attest to the prospects for the development of bilateral cooperation.
Deputy Chairman of the Board of "NC" KAZAKH INVEST" JSC Ruslan Ibraimov told the participants of the event about the investment potential of the country in various sectors of the economy, preferences provided to investors, as well as the activities of the national company.
"Kazakhstan is the largest economy in Central Asia, traditionally a leader in attracting foreign investment to the region. Last year, the country was able to attract $28 billion in foreign investment, which is a record figure for the last 10 years. This speaks to the trust of foreign investors in Kazakhstan. We see great potential for expanding bilateral relations with Brazilian companies in agribusiness and mining and metallurgical complexes, as well as in engineering," said Ruslan Ibraimov.
In addition, representatives of government agencies and private businesses from both countries also spoke at the event.
At the end of the business council, the participants signed the Protocol of the second meeting of the Kazakhstan-Brazil Business Council, agreeing to hold seminars, sessions, and other events for further development of bilateral relations.