India's apex industry body ASSOCHAM and East Kazakhstan Oblast (EKO) have recently signed a Memorandum of Understanding (MoU) for boosting bilateral trade Investment to facilitate companies both in India and Kazakhstan in New Delhi.

The MoU was signed between the two organisations by Nurymbet Saktaganov, First Deputy Governor, East Kazakhstan Region and ASSOCHAM at New Delhi. The purpose of the MoU is to contribute towards fostering mutual economic development and friendly relations in both the countries through promoting co-operation.

"East Kazakhstan Oblast Region is today a preferred destination for investors; it attracted investment upto to 8.3 billion U.S. dollars. The focus is on promoting public private partnership, attracting foreign investments through concession projects and the European Bank of Reconstruction and Development", said by Nurymbet Saktaganov, First Deputy Governor, East Kazakhstan Region.

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