The 7th CICA Business Council Plenary Session and the 9th CICA Business Forum took place in Astana this November, bringing together representatives from India and other Asian nations. The event focused on strengthening regional economic ties and enhancing cooperation between businesses and governments.
With participation from nearly 100 companies across Asia, the forum resulted in key agreements aimed at fostering growth and development. Major areas of focus included training programs, joint investment initiatives, and new formats for business-government interaction. These initiatives are expected to streamline collaboration and boost trade among CICA member states.
One of the most notable highlights was the report on Kazakhstan’s trade with CICA members, which reached an impressive $82 billion in 2023. The figure reflects the growing role of CICA in promoting cross-border trade and investment. As an active participant, India remains a key player in strengthening these ties, contributing to increased trade volumes and investment opportunities.
The successful conclusion of the plenary and forum highlights CICA’s growing influence as a platform for economic cooperation in Asia. By encouraging member states to collaborate on training, investment, and policy alignment, the forum aims to create a more integrated and prosperous Asian economy.
