AIFC and Ukrainian chamber of commerce sign memorandum

Ukrainian Chamber of Commerce and Industry and Astana International Financial Center (AIFC) have signed a memorandum on strengthening business cooperation. The parties met in Kyiv recently to discuss the ways to boost their investment partnership.

The AIFC was officially launched one year ago. The regional hub applies international best practices and operates based on the English law and modern financial technologies.

YERNUR RYSMAGAMBETOV, DEPUTY CEO, AIFC AUTHORITY

There are about 120 companies operating in the Astana International Financial Center. We are planning to increase the number of companies to 500 by 2020. There are no Ukrainian companies in the AIFC at the moment. We signed an agreement with the Ukrainian Chamber of Commerce and Industry which includes about 9,000 businesses. Our main goal is to develop cooperation with the Ukrainian companies and focus on cooperation in the financial technologies sector.       

As part of the agreement, the AIFC will hold its road shows in a number of Ukrainian cities. The events will enhance cooperation between the businesses of the two countries, according to the President of the Ukrainian Chamber of Commerce and Industry, Gennadiy Chyzhykov.

GENNADIY CHYZHYKOV, PRESIDENT, UKRAINIAN CHAMBER OF COMMERCE AND INDUSTRY

We agreed to hold a road show where we will reveal AIFC’s capacity for the Ukrainian financial, banking, insurance and industrial enterprises. We are planning to arrange the events not only in Kyiv but in a number of major cities as well. We are also going to exchange our young specialists to understand each other better.

The Kazakh officials invited the Ukrainian businessmen to participate in the Astana Finance Days event which will be held in July this year.