On 4 July the AIFC Court and International Arbitration Centre (“IAC”) signed Memorandums of Understanding with the European Business Association of Kazakhstan (EUROBAK). EUROBAK is a strategic partner of the AIFC Court and IAC. 

The signing ceremony was organised in the framework of a joint roundtable within the Astana Finance Days. The roundtable was opened by Mr. Christopher Campbell-Holt, Registrar and Chief Executive of the AIFC Court and IAC, with contributions from The Rt. Hon. The Lord Woolf CH, AIFC Court Chief Justice, Barbara Dohmann QC, IAC Chairman, H.E. Sven-Olov Carlsson, Ambassador, Head of the EU Delegation to Kazakhstan and EUROBAK Honorary Board Member, and Julie Kussidi, EUROBAK Executive Director.

Ms. Kussidi commented: 

“Considering the importance of the AIFC Court and International Arbitration Centre it is a great honour for the European Business Association of Kazakhstan to sign these Memorandums of Understanding. We believe in our continued cooperation in the future.”

Mr. Campbell-Holt added: 

“The AIFC Court and IAC have successfully cooperated with EUROBAK for some time and we are delighted that we have now agreed MOUs which will further our cooperation for the future.  European investors can be assured that they will receive dispute resolution at the AIFC of the very highest quality with application of the best international standards.”

At the roundtable senior representatives of European companies and diplomatic missions had the opportunity to learn more about the AIFC Court and IAC and how to use their services.

EUROBAK is a non-commercial organisation representing the European business community in Kazakhstan. It was formed upon the joint initiative of EU companies, working and investing in Kazakhstan, and the Delegation of the European Union to Kazakhstan.

On 4 July the International Arbitration Centre at the AIFC (“IAC”) launched its new service, Arbitration-Mediation or “Arb-Med”.  Arb-Med is a process where a dispute is first referred to arbitration.  If parties are unable to settle their dispute through arbitration, they may attempt mediation.

The Arb-Med service was launched with a demonstration of a arb-med resolution of a financial dispute lead by an arbitration panel consisting of the IAC Chairman, Barbara Dohmann QC, and two IAC Arbitrators, Dr. Stephan Grigolli and Thomas Kruemmel.  Sir Robin Jacob, an IAC Arbitrator and Mediator Panel member and a Justice at the AIFC Court, was the mediator.  Four leading lawyers from the Kazakhstan legal community presented legal arguments to the arbitrators and mediator.  

The IAC’s Arb-Med service and demonstration is the first of its kind at an international arbitration centre in Eurasia.  Unlike arb-med services at other arbitration centres, at the IAC the mediator who is appointed to mediate the dispute has not been an arbitrator in that dispute.  The mediator is independent from the arbitrators and is a neutral facilitator.  It is expected that Arb-Med at the IAC will further enhance its capacity to resolve commercial disputes as quickly and cost effectively as possible.

The IAC has so far trained 36 Kazakh nationals with an international accredited mediator qualification in cooperation with the Centre for Effective Dispute Resolution in London which is a leading provider of mediator training.  The latest of these trainings happened in Nur-Sultan and Almaty in June 2019.

Mr. Christopher Campbell-Holt, Registrar and Chief Executive of the AIFC Court and IAC, commented:

“The IAC is committed to becoming the number one choice for alternative dispute resolution in Eurasia.  Arb-Med is our latest initiative and we are proud to launch this new service today.  We are also developing a mediator community in Kazakhstan that will be qualified to provide the very best international standards of mediation to assist parties to resolve their commercial disputes quickly and cost effectively at the IAC.”

The Astana Financial Services Authority (AFSA), the regulatory body of the Astana International Financial Centre (AIFC), has become a participant to the IOSCO Multilateral Memorandum of Understanding concerning Consultation and Cooperation and the Exchange of Information (IOSCO MMoU). 

Becoming a signatory to the MMoU confirms that the AIFC financial regulatory framework complies with global standards for the exchange of information on cross border financial activities in capital markets and protection of confidential information. The AFSA will enhance its upervision of cross-border securities’ transactions to ensure market integrity and stability and to facilitate enforcement of AIFC regulations and rules.

In an increasingly globalised environment for the capital market the MMoU provides critical tools for effective cooperation among regulators. Signing the IOSCO MMoU will allow the AFSA to cooperate on cross-border enforcement with the other 123 regulatory authorities who are also signatories to the MMoU and an integral part of the global capital market. 

Mukhtar Bubeyev, Acting CEO of the AFSA, said: “Signing the IOSCO MMoU is an important milestone in formation of regulatory framework of AIFC and development of capital markets in the AIFC. We are very proud to be part of the large group of signatories to the IOSCO MMoU and to demonstrate our commitment to international enforcement cooperation». 

The Astana International Financial Centre (AIFC) signed partnership agreement with the World Economic Forum (WEF) Center for the Fourth Industrial Revolution.

The Centre for the Fourth Industrial Revolution is a hub for global, multi stakeholder cooperation to develop policy frameworks and advance collaborations that accelerate the benefits of science and technology.

For the first stage AIFC identified the following 3 priority project areas:

1) Artificial Intelligence and Machine Learning; 

2) Blockchain and Distributed Ledger Technology;

3) Digital trade.

Being partner of the Center means AIFC can work alongside governments, policy makers, regulators, industry and academia to establish a framework that best enables emerging technologies. This builds on the AIFC’s collaboration with the start-up community through its Innovation Labs, digital groups and local industrial partners to prototype and deliver outcomes not only for Kazakhstan’s economy, but also for the region.

“The AIFC is pleased to join the World Economic Forum’s Center for the Fourth Industrial Revolution as a partner to support Kazakhstan’s national ambitions in transforming the country into one of the safest, most stable, ecologically sustained states of the world with a dynamically developing economy in line with the Kazakhstan 2050 strategy, as well as taking the lead in advancements in digital technologies as part of the Digital Kazakhstan initiative,” – mentioned Governor of AIFC, Kairat Kelimbetov. 

“The Astana International Finance Centre bring a unique perspective to the Centre Network. We are looking forward to working with them across our artificial intelligence, blockchain and digital trade project areas,” – said Murat Sonmez, Head of the World Economic Forum Centre for the Fourth Industrial Revolution Network.

Depending on the depth of the engagement, partners can engage with a number of projects each year, and may be entitled to embed key personnel within the Centre for extended periods. Engagement allows for attendance at the Annual Meeting of the New Champions, the Forum meeting devoted to science, technology and innovation, held annually in China. In addition, it gives access to the Forum’s online platforms, TopLink and Transformation Maps. Partnering organizations will also be able to participate in meetings and workshops at the Center.
AIFC joins Centre partners that are global companies with the scale and ambition to help chart Fourth Industrial Revolution governance. Those include: Accenture, Cognite, Deloitte, Deutsche Bank, Dubai Electricity and Water Authority, McKinsey & Company, Microsoft Corporation, Mitsubishi Chemical Holdings Corporation, SAP, Saudi Aramco, Splunk, Inc.,Suntory Holdings Ltd., Takeda Pharmaceuticals, Visa Inc.

AIFC legal affairs conference «AIFC law: Further Steps to Development» took place during the Astana Finance Days. The event was dedicated to the jurisdiction of the AIFC and its future steps. 

Representatives of leading international law firms such as Baker & McKenzie, White & Case, Norton Rose Fulbright, Curtis Mallet-Prevost, embassies, universities, professors and lawyers attended the conference.  

Guests had the opportunity to discuss with reputable international experts, including respected authors, judges and legal experts, such as the Chairman of AIFC Court Lord Woolf, the Chairman of the AIFC International Arbitration Centre, Queen’s Counsel Barbara Dohmann, and the Chairman of the AIFC Legal Advisory Council Michael Blair. 

The speakers discussed the latest changes in the law of the AIFC, explained the legal features of the AIFC. The practical aspects of the application of the AIFC law and the possibility of implementing initiatives in maritime and transport law within the framework of the development of the AIFC were also considered. 

Special attention was paid to the AIFC Court on the basis of the principles of the law of England and Wales. The speakers accentuated the importance of alternative dispute resolution at the International Arbitration Center, which is important for business development in Eurasia and beyond.

AIFC Islamic Finance Conference is taking place during the Astana Finance Days. Participants are discussing the most important issues in the development of Islamic finance, the role of Council on the principles of Islamic finance, as well as prospects for the Islamic financial services industry in Kazakhstan.

During panel sessions, experts are discussing the use of Islamic finance instruments in the real sector of the economy and attracting investment.

The first day of the conference also includes presentations of the main directions of the Master Plan (Roadmap) for Islamic Finance in Kazakhstan, prepared by a consultant in the framework of a grant of technical assistance from the Islamic Development Bank and the report of the Islamic International Rating Agency (IIRA) on the main macroeconomic and social factors that characterize Kazakhstan’s economy and affecting the country’s sovereign rating.

On July 4, a workshop of subsidiaries of the Islamic Development Bank (ITFC, ICD, ICIEC) will be held, at which Islamic financial instruments aimed at developing the private sector of the Organization of Islamic Cooperation member countries will be discussed.

There will also be a session “Halal Lifestyle: the Experience of Tatarstan” of the Investment Development Agency of the Republic of Tatarstan, which will reveal the experience and challenges that Tatarstan faces on the path to building an Islamic economy.

Conference participants noted the need for such events for a more detailed consideration of Islamic finance, which allows for consideration of global trends and the sharing of information on the most modern innovations in the industry.

As part of Astana finance days, a meeting of the highest collegial body of the Astana International Financial Centre (AIFC) – the AIFC Management Board, chaired by President of the Republic of Kazakhstan Kassym-Jomart Tokayev, was held.

The meeting was also attended by Deputy Chairman of the Council – Prime Minister of Kazakhstan Askar Mamin, Minister of Finance of Kazakhstan Alikhan Smailov, Minister of National Economy of Kazakhstan Ruslan Dalenov, Chairman of the National Bank Yerbolat Dosayev, Governor of AIFC Kairat Kelimbetov and authoritative leaders of major international financial institutions, such as President of the European Bank for Reconstruction and Development Suma Chakrabarti, President of the Islamic Development Bank Group Bandar Al Hajjar, and the head of the global bloc of governments and the public sector of an investment and corporate bank Citigroup Julie Monaco.

During the meeting of the Council an official presentation of the AIFC annual report was held.

Bandar Hajjar noted the great work that the AIFC has done since the official opening and stressed that the Islamic Development Bank is a strategic partner of the Republic of Kazakhstan and will continue to develop mutually beneficial relations and work on increasing the portfolio of projects.

Suma Chakrabarti noted that the EBRD is a partner of the AIFC and is working closely together on green financing at the AIFC platform, which will benefit and profit to all of Kazakhstan in the future.

During the meeting of the AIFC Management Board, the President of the first foreign company to become an issuer at the AIFC Stock Exchange (AIX) Polymetal management company JSC, also gave a speech.

“On April 17 of this year, ordinary shares of Polymetal International plc were included in the official list of the International Financial Center Astana. At the close of trading the volume of placement amounted to 1,690,440 shares in the amount of more than 17 million US dollars. Demand for stocks exceeded supply by more than 2 times! Trading results exceeded all our expectations. We believe that in the medium term, the AIFC will acquire significance as the main regional investment platform of the whole of Central Asia. AIX will become a place of attraction for investors from Uzbekistan, Azerbaijan, Turkey and, of course, China,” said Igor Finogenov.

It is worth noting that the main tasks of the Council are to determine the strategic directions of development of the AIFC and assist in creating favorable conditions for the formation of a world-class international financial services centre.

The participation of the President of the Republic of Kazakhstan and the heads of state bodies of the country in the work of the AIFC Governance Council testifies to the support and control of the initiative at all levels of government. Meanwhile, the participation of representatives of large international financial corporations and leaders of the region’s innovative business provides a professional look at the situation in the AIFC and its development prospects.

The Astana Financial Services Authority (AFSA) registered the 200th company with the AIFC. This event coincided with the holding of Astana Finance Days, the annual financial conference that traditionally brings together global experts and government officials, representatives of business and academia in early July.

The geography of registered participants of the AIFC covers more than 20 countries, including Kazakhstan, Russia, Estonia, Latvia, the United Kingdom, Italy, Finland, the USA, China, Hong Kong, Singapore, Malaysia, India, the United Arab Emirates, and Turkey. AIFC participants operate in such areas as banking, stock market, asset management, private banking, Islamic finance, credit rating and others.

The largest companies providing financial and support services include a branch of China Construction Bank (China), Altyn Bank (Kazakhstan), a representative office of China Development Bank (China), Paladigm Capital Pte (Singapore), WOOD and Co. (Czech Republic), Shinhan Investment Corporation (South Korea), Russell Bedford (USA), Renaissance Capital (Cyprus), Analytical Credit Rating Agency (Russia).

Around 25 licensed and accredited market participants – brokers and dealers – from Kazakhstan, China, Russia, South Korea and Europe operate on the AIFC Stock Exchange. More than forty companies provide support services, namely legal, auditing, accounting, consulting and rating services.

In order to become a Participant of the AIFC, it is necessary to register and obtain a license to conduct these or other services. More information about the registration procedure can be found on the AFSA website www.afsa.kz.

The official launch of the AIFC Law Pro Bono office took place during Astana Finance Days.

The event was attended by representatives of leading international and local law firms such as Baker & McKenzie, White & Case, Norton Rose Fulbright LLP, Curtis Mallet-Prevost, Grata International, and others.

In his welcoming speech, Marat Aitenov, First Deputy Chairman of the Board of Administration of the Astana International Financial Centre, noted that the AIFC Law Pro Bono Office seeks to create mutually beneficial conditions in which both parties – the practicing lawyer and the applicant for free legal services can benefit from the bono initiative.

“With the launch of the Astana International Financial Centre (AIFC), Kazakhstan is in a unique position to strengthen the rule of law, offering access to legal advice at the AIFC, which has a unique legal system that is unprecedented in the region. The AIFC Law Pro Bono office seeks to provide separate one-off advice on legal issues arising within the AIFC jurisdiction. The purpose of this scheme is to provide for everyone who wants access to legal advice, and, moreover, free of charge,” said Aitenov.

The office of AIFC Law Pro Bono offers free legal advice on legal issues arising in the jurisdiction of the AIFC, practicing lawyer can volunteer for those who need legal advice. The AIFC Law Pro Bono office is a unique platform that is a collection of traditional Bono values.

The round table “Eurasia and Emerging Markets: Competition or Cooperation?” was held at the Astana Finance Days financial conference.

Experts discussed the main aspects of Eurasian economic integration, as well as the need for cooperation between countries with emerging markets.

The speakers emphasized that in the modern world, cooperation and strategic partnership play an important role in international integration and the promotion of mutual benefits. At the same time, fair competition should remain the main incentive for economic efficiency.

The experience of international organizations such as ASEAN and the SCO were cited as an example for emerging markets. In particular, according to a number of experts, ASEAN, which this year marks its 50th anniversary, is a role model for regional cooperation.

At the same time, given the relatively small size of the market in the Central Asian region, the speakers noted the need for continuous improvement of effective management skills to ensure successful cooperation.

Particular attention was paid to the potential competitiveness of Central Asian economies, the importance of increasing trade, the abolition of visa requirements, opening of borders, and the introduction of other incentives to increase investment growth.

The speakers also discussed the role of the AIFC as one of the main platforms for maintaining cooperation and further enhancing the competitive advantages of the market participant.

Practical seminars on preparing companies for IPO are held within the framework of the Astana Finance Days events. The expert platform, whose architecture is a series of “Getting ready for IPOs” practical workshops for specialists of companies in preparation for entering the international capital markets and attracting foreign investment, was created on the basis of the AIFC Bureau for Continuous Professional Development (BCPD).

The program focuses on topical issues related to IPOs, the problems that companies may face in the process of entering the public market, and solutions that can be offered by AIFC experts.

The program is attended by leading experts in key areas of competence based on prestigious international certifications: investment management (CFA), risk management (FRM), accounting and auditing (ACCA), personnel management (HRCI), corporate management, legal support and building relationships with investors “before and after” IPO.

The expert event, initiated by the AIFC Bureau, is also aimed at developing investment literacy in the field of investment management, managing expectations from financial markets, protecting the interests of investors, and on the professional development of Kazakhstani specialists.

 This expertise is necessary for professional training of national and private companies in the context of preparation for entering the stock market, the privatization process and raising capital.

Experts from Kazakhstan, Great Britain, Australia, France, Italy are giving listeners with information sessions, workshops and guest lectures on topics relevant to the financial market of Kazakhstan, including:

● Professor Alexander Van de Putte, Chairman of the Academic Council of the AIFC;

● Sam Wang, Deputy General Manager, AIX;

● Marion Le Bruchec VP, Business Development Director, EMEA, GARP;

● Tamerlan Larionov, Director, Kornferry Hay Group Kazakhstan;

● Heiner Hartwich, Director of Bank Relations, AIFC and others.

Astana International Exchange (AIX) is pleased to announce that Kazpost JSC and Renaissance Capital investment company have become trading members of AIX. The certificates were awarded to the heads of these organizations during the visit of the President of the Republic of Kazakhstan, Kassym-Zhomart Tokayev, to Astana International Financial Centre. 

“We are pleased to welcome our new trading members, who will allow thousands of Kazakhstan and foreign investors to access the AIX platform,” – said Tim Bennett, CEO of AIX. – Wide coverage of Kazpost’s client base and experience of participation in the previously held “People’s IPO”, as well as the unique geography of Renaissance Capital’s coverage will open new opportunities for the clients of these companies in the Central Asian capital market.” 

Saken Sarsenov, Chairman of the Management Board of Kazpost JSC highlighted: 

“Astana International Exchange is a world class platform and we are glad to obtain access to it. This shall allow Kazpost to provide a wider scope of opportunities to its clients to invest using this modern trading platform. I can assure that as a broker Kazpost will actively contribute to the development of capital market in Kazakhstan.”

Christoph Charlier, Chairman of the Board of Directors of Renaissance Capital said: 

“Astana International Exchange’s tech platform meets most advanced requirements and expectations of the market participants and offers great opportunities for the stock exchange and its partners. We are happy to be able to provide our clients with a full-fledged exchange access to participate in the national privatization programme as well as Sovereign and corporate securities offerings. Being one of the leading investment banks in emerging and frontier markets, Renaissance Capital has a multi-year successful track record of implementing transactions for Kazakh issuers in equity and debt capital markets and promoting Kazakhstan’s investment case among international investors.”

Kazpost JSC provides brokerage services on the basis of a license for brokerage and dealer activities with the right to maintain customer accounts as a nominal holder, as well as transfer-agency activities since 2000. The brokerage client base of Kazpost includes more than 32 thousand active individual accounts. Company’s each regional branch employs specialists in brokerage services. There are more than 100 brokerage service points in the postal communication centers throughout the country. 

Renaissance Capital is a leading emerging and frontier markets investment bank providing access to 50 markets across the globe, with operations in Africa, Central and Eastern Europe, North America and Asia. Founded in 1995, the Firm has established market-leading positions in each of its core businesses – equity and debt capital markets, M&A, markets business division, including equity & equity derivatives, fixed income, FX & FX derivatives, commodities and REPO & financing; as well as research and prime brokerage. It has one of the largest EEMEA distribution and execution platforms, with Sales and Trading teams present in London, Moscow, New York, Johannesburg, Cape Town, Lagos, Nairobi and Cairo. 

The final round of the Visa Everywhere Initiative (VEI) was held in Fintech Hub of the Astana International Financial Centre (AIFC) as part of the Fintech Summit Astana Finance Days. Twenty teams from Kazakhstan, Uzbekistan, Kyrgyzstan, Singapore and Russia presented their working prototypes and detailed business models in front of the jury, which included independent fintech experts and representatives from Visa, Alfa-Bank, Halyk bank, First Credit Bureau and ABC-I2BF Seed Fund. 

The projects of the Visa Everywhere Initiative participants were presented in such areas as financial literacy, financial services for individuals, financial services for small and medium businesses, new technologies and products in insurance (Insurtech), B2B services for the financial sector, mobile financial services for Beeline. By decision of the jury, the following five teams became winners: 

– reKassa (Kazakhstan)

– LendingStar (Singapore)

– Nebank.kz (Kazakhstan)

– NumbaPay (Kyrgyzstan)

-Marta (Uzbekistan)

Nurlan Kussainov, CEO of the AIFC mentioned, “We are very pleased with the results of the program with Visa. We are especially happy with the high evaluation of the program by participant start-ups, mentors and partners. For us, this is a confirmation that we correctly chose the direction, which is support for young innovative companies that will bring the change and fundamental improvements in the financial services of the country and the region.”

Senior vice president and director of Visa’s regional division on the CIS & South-Eastern Europe, Vera Platonova noted, “Today, about 5 billion people worldwide have mobile devices, but almost 2 billion do not have access to reliable and secure financial services. This speaks of the high demand and importance of programs such as the Visa Everywhere Initiative, aimed at finding innovative solutions to help improve financial literacy, access banking services, make safe and fast payments. We are pleased that the first VEI project in Central Asia was successful and generated interest among a large number of participants. All of them showed interesting ideas for solving the future tasks in the field of payments and commerce. We hope that the Visa Everywhere Initiative will become a regular platform for the creation and implementation of Fintech-relevant solutions for the market, which in turn will contribute to the digitalization of the Central Asian economy.” 

During the event, discussions were held with the participation of experts from leading Kazakh and international companies. Experts discussed key trends in fintech at the global level, examples of successful models of fintech cooperation between financial organizations and startups, managing and attracting world-class cadres, profitable models for collaboration, conditions for encouraging investments, examples of initiatives around the world that have forced innovation. 

All VEI participants get the opportunity to realize their developments and ideas in cooperation with Visa or its partners – banks, insurance companies, mobile operators. Partners of the program are Alfa Bank, Beeline, Centras Insurance, Halyk Bank, Wooppay, Forte Bank, KPMG, Kazpost, Al Hilal Bank, and others. 

VEI is a global Visa program to support Fintech startups, which is held for the first time in Central Asia in partnership with AIFC. During the 1.5 months of the application process, from mid-March to late April, 93 applications were submitted for participation in the VEI program in areas from financial literacy to artificial intelligence. Applications were submitted at the idea stage, as well as at the stage of projects ready for implementation. 34 teams from 93 reached the semifinals, which took place on May 23-24 in the Fintech Hub of the AIFC. 

For the first time, the Visa Everywhere Initiative started in 2015, and during this time more than 4,000 start-ups participated in the program, 220 finalists received mentoring support, and 70 winners received prizes totaling more than $1 million. Today, VEI startups have attracted more than $2.5 billion in investment. 

Astana International Financial Centre (AIFC) and Busan International Financial City Promotion Center signed a memorandum of understanding within the framework of the Astana Finance Days financial conference.

The parties intend to take an active part in mutually beneficial expansion of business networks, the development of common business strategies and projects aimed at growing the economy and promoting regional projects, as well as sharing knowledge through various programs and events. 

The document was signed by Chairman of the Board of the AIFC Administration Nurlan Kusainov and Head of the Busan International Financial City Promotion Center Yang Ho Park.

The purpose of the Memorandum is to provide a common framework for cooperation between the Parties in matters of common interest, as well as for the expansion and development of both centers. 

Busan International Financial City Promotion Center and the AIFC will share best practices, including in such areas as regulatory structure, international financial trends and financial instruments, information on banking, financial services and securities legislation.

The centers will help each other in organizing seminars and conferences, as well as in the field of personnel training and professional development.

Several exhibitions of contemporary art are helding in the capital of Kazakhstan with the support of the AIFC. The exhibition was organized by the KULANSHI center and the artULA gallery. Locations for the exhibitions were kindly provided by the organizers of Astana Finance Days.

The personal exhibition of paintings by Kazakh artist Bakytnur Burdesbekov “The Poetry of Color” dedicated to the fine art of Kazakhstan of the XXI century and represents such genres as landscape, portrait, industrial landscape. Among the works presented at the exhibition are both early, well-known paintings, and new works by the author.

The key theme of Burdesbekov’s paintings is the depiction of the unique life of the city and its inhabitants through a free abstract-realistic vision of various states of the capital. The contrast of morning and night, hot days and rainy evenings, weekdays and weekends, sights and abandoned places of the city make it possible to expand the horizons of perception and show how the city’s energy charges its inhabitants with kindness and love, pushing them to new achievements.

The exhibition “Heaven and Earth”, organized by the KULANSHI Center for Contemporary Art, presents works by native artist Leyla Mahat. The exhibition introduces visitors to the main source of inspiration for the author – nature. “Heaven and Earth” is a declaration of love to the homeland, from which the artist draws new strength and vital energy.

“Esthesis” is the title of an exhibition of Russian artists Konstantin Inal-Ipa, Valery Sakhatov, Inna Bazhutina, Valeryan Bakharev, Anastasia Popova, and HARDEN. The exhibition was organized by artULA Gallery – a gallery dedicated to the art of the XX – XXI centuries.

The exposition invites the viewer to plunge into their own feelings from communicating with the works, to look beyond the horizon together with the authors, perhaps discover new spaces for themselves, be filled with color, creative expression, subtlety of perception and scale of works that speak to their viewers in the language of Emotional Intelligence.