Dordoi Insurance and China's CASME Build Joint Trust Infrastructure

Dordoi Insurance has partnered with China's CASME to establish a shared infrastructure for trust in cross-border transactions. This initiative addresses the critical need for reliability in international deals, whether involving goods, equipment leasing, or investment. The collaboration aims to ensure partners are legitimate, obligations are fulfillable, and risks are properly assessed. The memorandums of understanding were signed following a forum in Hengqin, China, focused on trade and economic cooperation among small and medium-sized enterprises within the Belt and Road Initiative. The forum, held from May 28-30, gathered nearly a thousand participants from various countries. CASME, a prominent Chinese business association, represents interests and provides services like investment, financing, and legal support to its vast network of enterprises. Dordoi Insurance's participation, facilitated by the Chamber of Commerce and Industry of the Kyrgyz Republic, aligns with CASME's mission to verify, support, and facilitate cross-border cooperation. Bakai Akmatov, CEO of Dordoi Insurance, met with Shang Shiwei, director of CASME's Belt and Road Committee, to discuss project selection, company verification, B2B support, deal structuring, and risk protection mechanisms. This high-level contact signifies a shared agenda focused on building a robust framework for international business.

“

In any cross-border transaction, be it a supply of goods, equipment leasing, or an investor entering a project, the same question arises sooner or later: can one trust the other party and how can the deal be financed. Is the partner real, are the obligations executable, are the risks calculated.