ASTANA, Kazakhstan, November 9. Agreements on
the transit of Russian oil to China, in addition to gasoline to Uzbekistan
by the territory of Kazakhstan, have introduced cooperation in
the vitality sector to a qualitatively new stage, mentioned President of
Kazakhstan Kassym-Jomart Tokayev throughout a gathering with Russian
President Vladimir Putin, Pattern stories.
“Over the previous 3 years, commerce turnover has elevated by extra
than 30 p.c, and this optimistic pattern continues. Based mostly on the
outcomes of 8 months of this yr, mutual commerce amounted to $17
billion, which can also be a report determine,” he mentioned.
In accordance with Tokayev, industrial cooperation is creating
As Tokayev famous, Russia is the undisputed chief within the quantity
of enterprises with international capital in Kazakhstan.
“Greater than 20,000 Russian firms 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 it is a mutual course of,” he mentioned.