On June 1, 2017 in Almaty an agreement was signed between the Financial and Banking Association of Euro-Asian Cooperation and First International Energy Corporation S.A. (FIEC S.A.).

FIEC S.A. is a strategic partner of Beijing Tai Cloud Согр. and promotes the BlockChain technologies in Central Asia, Middle East and Europe. Beijing Tai Cloud Согр. is the most competent company regarding BlockChain technology and is a strategic partner of Shanghai National Form Investment Management Ltd. (under the Agreement №HXSHGS20170509 dd. 09/05/2017 on investment, international trade etc.). Shanghai National Form Investment Management Ltd. is one of the biggest investment and industrial companies in China. It provides with potential opportunity to involve a wide range of large Chinese companies into investment, trade and other economic activity in the EAEU area.

On behalf of FBA EAC the Agreement was signed by Alexey Smolyakov, the Head of FBA EAC Representative office in Kazakhstan and by R.Koishibayev, Vise-President of FIEC S.A.

The Agreement contains a number of measures to develop mutually advantageous cooperation including the project on legal and financial support of the deals made by UCEX on BlockChain technology basis.