ASTANA, Kazakhstan, November 9. Agreements on
the transit of Russian oil to China, in addition to fuel to Uzbekistan
by way of the territory of Kazakhstan, have introduced cooperation in
the power sector to a qualitatively new stage, stated President of
Kazakhstan Kassym-Jomart Tokayev throughout a gathering with Russian
President Vladimir Putin, Development studies.
”Over the previous 3 years, commerce turnover has elevated by extra
than 30 %, and this optimistic development continues. Primarily based on the
outcomes of 8 months of this yr, mutual commerce amounted to $17
billion, which can also be a file determine,” he stated.
In response to Tokayev, industrial cooperation is growing
dynamically.
As Tokayev famous, Russia is the undisputed chief within the quantity
of enterprises with international capital in Kazakhstan.
”Greater than 20,000 Russian corporations are registered in our
nation. Direct investments from the Russian Federation, in accordance
to our estimates, exceeded $20 billion. Furthermore, about $3.5
billion have been invested within the final two years alone. In flip,
the quantity of Kazakh investments reached $6 billion. It’s
gratifying that this can be a mutual course of,” he stated.