On September 12, 2024, Kazakhstan opened its national pavilion at the International Trade in Services Exhibition (CIFTIS) in Beijing. A delegation led by the Minister of Trade and Integration of Kazakhstan, Arman Shakkaliev, participated in the event, including the global summit on trade in services held as part of the exhibition.
The Kazakh delegation included the Ambassador of Kazakhstan to China, Shakhrat Nuryshev, Deputy Akim of the Aktobe Region, Galymzhan Eleuov, Vice Minister of Ecology and Natural Resources, Mansur Oshurbayev, as well as representatives of the Ministries of Agriculture, Industry, and Construction. The opening ceremony was also attended by the Secretary of the Party Committee of the People’s Government of Beijing, Yin Li, Vice Premier of the State Council of China, Ding Xuexiang, Deputy Prime Minister of Georgia, and ministers from Lebanon, Argentina, and Saudi Arabia, along with leaders of international organizations.
During the summit, participants discussed the prospects of international cooperation and opportunities for global economic growth. According to the World Trade Organization, from 2013 to 2023, global services exports grew by an average of 49% annually, nearly twice the rate of goods exports. China actively promotes trade in services as a key aspect of its foreign economic strategy, with the total volume of China’s trade in services reaching $9.331 trillion USD in 2023.
The CIFTIS exhibition, which will continue until September 16, has gathered representatives from more than 85 countries and international organizations, with Kazakhstan participating for the first time. The exhibition covers 12 key sectors, including financial services, tourism, healthcare, and education.
The national pavilion of Kazakhstan features 15 companies, including JSC “NC Kazakh Invest,” JSC “KazakhExport” Export Credit Agency, JSC “Air Astana,” JSC “NC Food Corporation,” the “International Center for Green Technologies and Investment Projects,” and several private companies. Participation in the exhibition provides a unique opportunity to expand business ties, attract investment, and promote Kazakh goods and services on the international stage.
“The scale of trade in services today is vast and limitless. The CIFTIS exhibition offers a unique platform to unite the global services market and create new opportunities for integration and cooperation. Kazakhstan is participating in this exhibition with a national pavilion for the first time. In recent years, our services sector has shown steady growth, contributing to the diversification of the economy and the creation of new jobs, now accounting for 53% of our GDP. Moreover, we see great potential in digital services, information technology, artificial intelligence, automation, and the development of the internet. Education and tourism are also key areas,” said Arman Shakkaliev during his speech at the opening of CIFTIS in Beijing.
The Minister also expressed his gratitude to the Ministry of Commerce of China and the People’s Government of Beijing for creating a platform for sharing advanced ideas and expanding international cooperation.
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Source: https://www.gov.kz
