Kazakhstan and Italy sign 180 million euros worth of contracts

Kazakhstan and Italy signed 10 memoranda worth a total of 180 million euros following a business forum in Astana.

Report informs that the signed documents provide for the creation of a joint investment fund, the development of the Digital Supply Chain 4.0 platform, joint risk insurance and an ESG roadmap.

Some of the memoranda include cooperation in the agricultural sector, as Kazakhstan wants to increase supplies of organic products to Italy.

In 2024, the value of trade turnover between Kazakhstan and Italy amounted to $19.9 billion.