Korea Importers Association Seeks to Diversify Supply Chains in Kazakhstan, Holds More Than 200 Import-Export Consultations

[Financial News] The Korea Importers Association (KOIMA) has launched business exchanges in Kazakhstan to help domestic companies find new import sources and diversify supply chains.
According to KOIMA on the 28th, an import delegation led by President Youn Young-mi held the Korea-Kazakhstan Business Forum and 1-on-1 Business Meeting on the 27th at the InterContinental Almaty. The event was part of the association's Central Asia import delegation schedule, following visits to Uzbekistan and Kyrgyzstan.
The event was attended by Youn, Ha Tae-wook, consul general of the Republic of Korea in Almaty, Aizhan Bizhanova, first vice minister of Kazakhstan's Ministry of Trade and Integration, Olzhas Smagulov, deputy mayor of Almaty, and Jo Gye-gwon, head of the KOTRA Almaty Trade Office. More than 100 people from 70 member companies of the association's domestic importers took part, along with 70 Kazakh companies.
At the business forum, Jo Gye-gwon, head of the KOTRA Almaty Trade Office, and an official from the Kazakhstan Investment Promotion Agency introduced the local investment environment and cooperation opportunities by industry. The 1-on-1 meeting that followed brought about 200 consultations between Korean importers and Kazakh suppliers. The discussions focused on finding new business partners and exploring potential deals in agriculture and food products, raw materials, and consumer goods.
The delegation was organized ahead of the Korea-Central Asia Summit in September to expand private-sector economic and trade cooperation. KOIMA also held business forums and consultation sessions with local companies in Uzbekistan and Kyrgyzstan to help domestic firms find new suppliers.
Youn Young-mi, president of the Korea Importers Association, said, "As global supply chains are being reshaped and uncertainty in the trade environment continues, the importance of securing stable suppliers and diversifying import sources is growing." She added, "I hope this event will serve as an opportunity to discover new business opportunities between companies in both countries and explore practical ways to cooperate."

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