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Contactless payment and Metaverse - key trends in fintech in Central Asia

The PLAS Forum "Fintech without Borders" was held in Almaty on October 26-27. Digital Eurasia", the general sponsor of which was Visa, the world leader in the digital payments industry. Kristina Dorosh, Vice President, spoke about the main trends of fintech in Central Asia. One of the key trends is contactless payment, namely Visa Tap to Phone technology, which allows you to turn an Android smartphone with NFC into a POS terminal for receiving contactless payments. By the way, Kazakhstan is a world leader in the development and penetration of this technology.

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Contactless payment and Metaverse - key trends in fintech in Central Asia

"Smart" G4 City will appear in the Almaty region

During a working trip to the Almaty region, the President got acquainted with the G4 City project. As part of this project, 4 modern thematic districts will be built along the Almaty-Konayev highway: Gate District, Golden District, Growing District and Green District. Each region will have its own specialization. The Gate District cluster will become a business and financial center, the Golden District will become an educational and medical hub. The Growing District will house a trade and logistics and innovation-industrial zone.

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"Smart" G4 City will appear in the Almaty region

Early presidential elections in Kazakhstan

Kassym-Jomart Tokayev delivered a Message to the people of Kazakhstan at a joint meeting of both houses of the Parliament, announced the holding of early presidential elections in Kazakhstan in the fall of 2022. "I propose to hold extraordinary presidential elections this fall. For the successful implementation of comprehensive reforms on the path to creating fair Kazakhstan, a new trust mandate of the people is needed. For me, the interests of the state are above all.  Therefore, I am ready to shorten my term of office and go to early presidential elections.

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Welcome new ACIK Member

We are pleased to introduce a new ACIK Member: KPSP Engineering KPSP Engineering Limited Liability Partnership is one of the biggest leading Design and Engineering institute in Kazakhstan. Taking into account the constant need in the territory of the Republic of Kazakhstan for implementation of industrial, social and infrastructure projects, the main direction of Company's activity is construction design. The Company has experience, qualified human resources, necessary software and technical fleet that allows it to participate in design of objects of any complexity both in the territory of the Republic of Kazakhstan and abroad.

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Welcome new ACIK Member

We are pleased to introduce a new ACIK member: T.A.L. Group Since the last 30 years T.A.L. Group is one of the main European stockist/traders of steel pipes. T.A.L. Group put great focus in order to guarantee prompt delivery and full satisfaction of any specific requirement that its more  than 4.000 active customers might have. T.A.L. Group Warehouse is 65,000 tons of pipes stored in 6 locations, with a total area of ​​200,000 sq.m. T.A.L. Group provides works and services on international level with the office of T.

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Sabit Shontakbayev saved a girl from falling from the 8th floor in Nur-Sultan

The child hanging from the eaves of an eighth-floor balcony was rescued by a man living on the floor below.  The girl, born in 2019, was at home with her parents at the time of the fall.  At that very moment, there was no one near the child.  Fortunately, our hero, Sabit Shontakbayev, born in 1985, who lives on the seventh floor, saw a hanging crying child.  Without hesitation and risking his own life, he took action to save and in a matter of seconds caught the girl, thereby saving the life of the child.

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Increasing cooperation between Kazakhstan and Italy

Marco Beretta, ACIK President, shared information about the activities carried out between the countries with the Atameken Business channel.  The main aspects of development in cooperation between Kazakhstan and Italy are agriculture, where the Italian company TreBio shows great interest in agricultural products from Kazakhstan, oil products, and cultural exchange.  Thanks to the launch of direct flights between Italy and Kazakhstan, by Neos airline, cooperation between our countries will receive a new round of development and will increase their volumes.

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EU Plans to Create Easier Schengen Visa Application Procedures

The European Commission has proposed to EU countries to digitize the process of obtaining Schengen visas and introduce the possibility of applying online through a visa platform SchengenVisaInfo reports. The new Migration and Asylum Pact has set the goal of fully digitizing visa procedures by 2025. This is expected to improve the process by reducing costs and burden on EU Member States and applicants, while improving security in the region. According to the European Commission, the harmonization and unification of visa application procedures in the Schengen area will help to avoid "buying a visa" by applicants who apply in an EU country with faster data processing, and not in the country they plan to visit.

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