Date: 18 September 2018

Kazakh President Nursultan NAZARBAYEV and his delegation had an official visit to Turkey at the invitation of the Presidency. In the scope of the Turkey - Kazakhstan Investment Forum, with the participation of the Republic of Kazakhstan First Deputy Prime Minister Mr. Askar MAMIN and the Republic of Turkey Energy and Natural Resources Minister Fatih DÖNMEZ, KOSGEB and DAMU signed an Action Plan.

As a part of the continuing cooperation with Kazakhstan in the field of SME’s since 1992, a Memorandum of Understanding for SMEs was signed with DAMU in Ankara on 25 November 2011. The efforts to develop the commercial cooperation between the SMEs of the two countries were carried forward with this Action Plan, which was signed on 12 September 2018 in Ankara on the basis of this Memorandum of Understanding.

In the Action Plan for cooperation between SMEs in both countries which is signed by the President of KOSGEB Cevahir UZKURT, Ph.D. and the CEO of DAMU Mr. Abay SARKULOV, are the below actions:

-Establishing a working group between two institutions,

-Determination of sectoral areas where there is high potential for cooperation between the SMEs of Turkey and Kazakhstan,

-Sharing knowledge and experience between the two institutions in order to increase the effectiveness of the programs and services provided.

-Exchange of experts between two institutions,

-Organization of B2B activities and SME information days between SMEs of both countries


-Organization of activities for sharing information on investment opportunities in both countries.