For Press

15/05/2017

The AIFC and «Zhejiang «Jumore» E-commerce Co. Ltd» signed a Memorandum of Understanding

Today the Astana International Financial Centre and «Zhejiang «Jumore» E-commerce Co. Ltd» signed a Memorandum of Understanding.

The parties agreed on assistance in attracting direct investments in projects implemented as part of the "One Belt, One Road" initiative, and development of the stock market.

According to Kairat Kelimbetov, Governor of the AIFC, the expertise of «Jumore» company, which cooperates with more than 130 countries, including the members of the G20 and countries along the “Belt and Road” initiative, is extremely significant for the AIFC.

«Registration of Kazakhstan’s projects on «Jumore» E-commerce Platform, as well as the experience and technological resources of this company will give an additional impetus to the development of the AIFC as a financial hub,” - K. Kelimbetov said.

Reference

AIFC. In December 2015 President of the Republic of Kazakhstan Nursultan Nazarbayev signed the Constitutional law “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to form a leading international centre of financial services. For the first time in the post-Soviet region, Common law framework will be introduced in the AIFC. English shall be the official language of the AIFC.

The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in the financial services, to develop local capital markets, ensuring their integration with the international capital markets, and to develop markets for insurance and banking services and for Islamic financing in the Republic of Kazakhstan.

 

JUMORE is the world's first and only cross-border e-commerce platform of Ecosystem for Business, aka E4B, dedicating to commodities, goods and services. The E4B Eco-System initiated by JUMORE is dedicated to help global enterprises, industries, regions and countries to conduct the interconnectivity and efficient collaboration of goods, services, and information through a global, intelligent internet platform, thereby fully optimize the global industrial structure, achieve mutual benefits and win-win.

At present, JUMORE has reached cooperation with 126 countries all over the world, including the G20, APEC and B&R countries. It helps countries and enterprises to access the E4B global industrial ecosystem, to achieve interconnectivity and win-win, and promote the healthy economic development of all countries.