On 25 October 2019 H.E. Mr. Russ Jalichandra, Ambassador of Thailand to the Republic of Kazakhstan, witnessed the Signing Ceremony of the Memorandum on Understanding between Thailand’s National Innovation Agency (NIA), represented by Mr. Pun-Arj Chairatana, NIA Executive Director, and Baiterek National Managing Holding as well as QazTech Ventures at the sidelines of the Forum ‘NEXT TECH ENTREPRENEUR’19’ in Nur-Sultan, Kazakhstan. The areas of cooperation under the MoU include (1) cooperation in launching and facilitation of ventures and investment focused on agritech, fintech, and travel tech (2) exchange of skills and best practices in innovation ecosystem development (3) mutual support in launching Kazakhstani startups in Southeast Asia and Thai startups in Central Asia and (4) exchange of experiences in governmental support of the venture capital industry. The said MoU should serve as a mechanism to boost the cooperation with the field of startups between Thailand and Kazakhstan.