QazTrade recently signed a memorandum of understanding with Alibaba.com.

According to the memorandum, the parties will expand cooperation within the framework of the new joint project “Export to China” and, within the framework of cooperation, assist Kazakh producers to export their products to the Chinese market under the joint project.

It is reported that the project will organize the purchase of Kazakh goods for export to China.

According to this project, Kazakhstan's domestic products will be directly purchased and further sold in the Chinese market through Alibaba Group's channels.

The QazTrade Trade Policy Development Center stated that participating in the project will provide enterprises with the opportunity to conduct long-term cooperation with Alibaba Group as direct suppliers, and exporters will gain access to the Chinese market through the Group's channels and be able to increase export sales in China.

According to the report, in the first phase of the project, packaged flour and vegetable oil will be procured, followed by other Kazakh commodities.