trade and investment

Twenty-five U.S. companies and representatives of Kazakh state bodies, national companies and local business representatives gathered in Astana June 14 for the U.S. – Kazakhstan business forum. The event aimed to attract U.S. companies to priority sectors, including car assembly industry, health, construction, agriculture and light industry. About 500 companies in various sectors of the economy with the U.S. participation operate in Kazakhstan, Minister for Investments and Development of Kazakhstan Zhenis Kassymbek told the gathering.

The Dubai Chamber of Commerce and Industry has finalised preparations for its trade mission to Latin America, which will take place April 15-22 and cover Brazil, Paraguay and Argentina. The Chamber will lead a high-level delegation of UAE businessmen, investors, and officials, who will represent a wide range of sectors, including trade, retail, free zones, food processing and logistics. 

UAE Minister of Economy Sultan bin Saeed Al Mansouri recently received Francisca Elizabeth Mendez Escobar, Mexico's new Ambassador to the UAE, with whom he discussed ways to enhance cooperation in a number of priority areas for both countries. The meeting held at the ministry's Dubai headquarters touched on the results of the recent visit of a UAE delegation to Mexico headed by the minister, which identified various priority sectors of mutual interest for cooperation between the two countries.

The sixth edition of the Latin American and Caribbean Outsourcing and Offshoring forum, Outsource2LAC 2017 will be held in San José, Costa Rica, March 15 and 16. Outsource2LAC is a business meeting organized by the Inter-American Development Bank (IDB) and the Costa Rica Foreign Trade Promotion Office (PROCOMER), with the objective of sharing good practices and experiences of the sector, as well as generating business and investment opportunities for the small and medium size enterprises of Latin America and the Caribbean.

Officials in Qatar and Spain are reportedly mulling the creation of a $1 billion joint investment fund – and a meeting is being scheduled for next year to progress the plans. Spanish ambassador to Qatar, Ignacio Escobar, told Gulf Times in an interview that a bilateral visit by Spanish officials to the Gulf state is expected to take place in the first quarter of 2017, and that the visit could include the signing of an agreement to establish the fund.

Sindh Governor Dr. Ishratul Ebad Khan has welcomed the keenness of British investors in Pakistan particularly in Karachi, the country’s economic hub and in this regard assured all possible support from the government. He in this regard also lauded the role of British Business Centre in Karachi for the promotion of trade and investment in Pakistan.

India now sees Africa as a promising market for Indian goods, services, and investments. This is evident in the government’s recent concerted focus on the India-Africa relationship—high profile visits by top leaders to African countries, a recasting of India’s development diplomacy, and an attempt to match action to past promises. [...] At the same time, India’s development diplomacy for the continent has been through a strategic shift. ​

India and South Korea on Saturday launched a platform to promote and facilitate investments from the East Asian country.The platform 'Korea Plus' was launched by Commerce and Industry Minister Nirmala Sitharaman and her South Korean counterpart Joo Hyunghwan. "It is a special initiative to promote and facilitate Korean Investments in India," the commerce and industry ministry said in a statement.

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