Kazakh and Chinese presidents discuss cooperation

Photo: Kazakh and Chinese presidents discuss cooperation / Kazakhstan

Azerbaijan Baku, April, 6 / Trend E. Kosolapova/

Kazakh President Nursultan Nazarbayev within the official visit to China met with his Chinese counterpart Xi Jinping, the Kazakh President's press-service reported on Saturday.

The two presidents discussed a wide range of issues of bilateral cooperation and strategic partnership. The parties also exchanged views on current international issues and the upcoming Boao Forum for Asia, as an important platform for discussing the global development issues.

According to Nazarbayev, Kazakhstan highly appreciates the cooperation with China within the international organizations and expressed Kazakhstan's support to China's intention to take on the chairmanship of the CICA for the period of 2014-2016.

Within the meeting the parties stressed an increase in the intensity of trade and economic cooperation. The Kazakh-Chinese trade turnover rose by 12.5 percent to $24 billion in 2012.

The Presidents agreed to increase bilateral turnover to $40 billion by 2015. The parties also agreed to hold special consultations to strengthen bilateral trade.

Nursultan Nazarbayev and Xi Jinping also discussed cooperation in the transport sector, cross-border cooperation, as well as transboundary rivers issues. They agreed on supply of Kazakh grain and flour to China, as well as their transit through the territory of China to the third countries.

Within the visit of the Kazakh President to Chine, the parties signed an agreement on establishment of the Kazakh-Chinese Business Council between the Kazakh Fund Samruk-Kazyna and the Chinese Committee on the Promotion of International Trade, an agreement on cooperation and a road map for strengthening of the economic and investment relations between the Fund Samruk-Kazyna and CITIC Group. Moreover the parties signed an agreement on the basic principles of cooperation on expansion and operation of the Kazakhstan-China pipeline.

Moreover, the parties agreed on Xi Jinping's state visit to Kazakhstan.

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