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The session featured a revamped format: rather than delivering a series of individual presentations, Financial and Business Association of Euro-Asian Cooperation (FBA EAC) President Li Shuobing and Bakhytbek Bayseitov, President of the Association of Banks of the Republic of Kazakhstan (ABRK), delivered a joint address exploring strategies to effectively capitalize on emerging economic trends.
In response to the moderators' key question regarding which shifts in the global economy present new opportunities for the EAEU and CIS countries, Li Shuobing observed that global trade and manufacturing are being restructured along new routes. Corporations are increasingly seeking reliable supply chains located closer to both end markets and raw material sources. Eurasia holds a strong competitive advantage in this regard, boasting abundant resources, a vast consumer market, and strategic transport corridors.
"Our objective for the coming five years is to deliver well-prepared projects, harmonize standards and certification processes, and establish clear, predictable logistics. This demands serious, practical groundwork," he emphasized.
Li Shuobing further noted that the business focus is shifting away from simple trade, raw material exchanges, and basic logistics toward production localization, joint management, and deep industrial cooperation.
The President of the FBA EAC highlighted several promising avenues for cooperation: advancing industrial automation, implementing green technologies, modernizing the manufacturing base, and developing cross-border logistics networks.
The Head of the FBA EAC specifically emphasized that the successful implementation of these initiatives is unattainable without a robust and transparent financial infrastructure. To ensure objective partner assessments and minimize risks, Li Shuobing proposed the development of a unified credit system—one that is transparent and allows for the accurate benchmarking and comparison of data.
"Establishing a transparent credit system and unlocking the full potential of the Khorgos SEZ will empower businesses to operate with greater confidence, while providing investors with clear and reliable mechanisms of cooperation that seamlessly bridge the markets of the East and the West."
The joint address by Li Shuobing and Bakhytbek Bayseitov stands as a testament to a long-term and reliable partnership. This alliance between two leaders—uniting the financial strength of Kazakhstan with the industrial potential of Eurasia—sets a strategic direction of friendship and cooperation for the entire business community.
21 October, 2026
LEADERS' DIALOGUE: LI SHUOBING AND BAKHYTBEK BAYSEITOV DISCUSS PROSPECTS AND OPPORTUNITIES FOR GLOBAL BUSINESS
On October 16, 2026, the "Eurasia 2030" Leaders' Dialogue was held during the III Eurasian Financial and Economic Forum in Khorgos.
The session featured a revamped format: rather than delivering a series of individual presentations, Financial and Business Association of Euro-Asian Cooperation (FBA EAC) President Li Shuobing and Bakhytbek Bayseitov, President of the Association of Banks of the Republic of Kazakhstan (ABRK), delivered a joint address exploring strategies to effectively capitalize on emerging economic trends.In response to the moderators' key question regarding which shifts in the global economy present new opportunities for the EAEU and CIS countries, Li Shuobing observed that global trade and manufacturing are being restructured along new routes. Corporations are increasingly seeking reliable supply chains located closer to both end markets and raw material sources. Eurasia holds a strong competitive advantage in this regard, boasting abundant resources, a vast consumer market, and strategic transport corridors.
"Our objective for the coming five years is to deliver well-prepared projects, harmonize standards and certification processes, and establish clear, predictable logistics. This demands serious, practical groundwork," he emphasized.
Li Shuobing further noted that the business focus is shifting away from simple trade, raw material exchanges, and basic logistics toward production localization, joint management, and deep industrial cooperation.
The President of the FBA EAC highlighted several promising avenues for cooperation: advancing industrial automation, implementing green technologies, modernizing the manufacturing base, and developing cross-border logistics networks.
The Head of the FBA EAC specifically emphasized that the successful implementation of these initiatives is unattainable without a robust and transparent financial infrastructure. To ensure objective partner assessments and minimize risks, Li Shuobing proposed the development of a unified credit system—one that is transparent and allows for the accurate benchmarking and comparison of data.
"Establishing a transparent credit system and unlocking the full potential of the Khorgos SEZ will empower businesses to operate with greater confidence, while providing investors with clear and reliable mechanisms of cooperation that seamlessly bridge the markets of the East and the West."
The joint address by Li Shuobing and Bakhytbek Bayseitov stands as a testament to a long-term and reliable partnership. This alliance between two leaders—uniting the financial strength of Kazakhstan with the industrial potential of Eurasia—sets a strategic direction of friendship and cooperation for the entire business community.
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