Oriented on making people closer

Avaza, September 19 | ORIENT. The session "Strengthening the Institutional Foundations of Trade. Accessing New Markets" was one of the key discussion platforms at the Investment Forum in Avaza. A high-level dialogue was ensured by the participation of representatives of relevant agencies and leading financial institutions from Turkmenistan, Uzbekistan, Afghanistan, Kazakhstan, and the United Kingdom. Charymukhammet Shallyev, Director of the CAREC Institute, moderated the session.

Strategic Dialogue on Financial Infrastructure

The discussion focused on the strategic mechanisms necessary for the effective development of trade and attracting investment. Particular attention was paid to investment and export insurance, as well as trade finance and lending instruments. The presence of global players such as the World Bank and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) underscored the willingness to work together to reduce risks and ensure the financial stability of projects in the region.

Developing Exchange Trading and Business Connections

Session participants also focused on practical tools for accessing new markets. Representatives of the State Commodity and Raw Materials Exchange of Turkmenistan and the Uzbek Republican Commodity and Raw Materials Exchange discussed the potential of exchange platforms to simplify and increase the transparency of trading operations. Meanwhile, the West London Chamber of Commerce, as an influential player in the European market, presented its approaches to supporting and promoting business.

The session demonstrated that countries in the region are moving from general statements to developing specific institutional solutions for trade development. The active participation of international partners and financial institutions demonstrates a mutual interest in creating a reliable and modern trading ecosystem. This dialogue will result not only in new contacts but also in the formation of a solid foundation for sustainable economic growth and strengthening the region's role in international trade.

Enejan KEPBANOVA

Photo: orient.tm