Azerbaijan, Baku, Nov. 24 / Trend E. Kosolapova/
Kazakhstan's Prime Minister Karim Massimov and his Ukrainian counterpart Mykola Azarov discussed in Astana the ways of promoting trade and economic relations between the two countries, Kazakh Prime Minister's press-service reported.
Massimov and Azarov noted the necessity of strengthening the economic cooperation between the two countries.
The agreements to be achieved as a result of talks will become the foundation for the Action Plan between the countries for 2012-2013 or the Road Map-4.
Ukrainian delegation, headed by Prime Minister Mykola Azarov is on an official visit to Kazakhstan on Nov 23-24.
During the meeting the parties touched upon the use of transit potential of Ukraine and Kazakhstan and cooperation in the nuclear power industry and space sphere.
According to Azarov, Ukraine is ready to participate in the Industrialization Program of Kazakhstan.
Massimov proposed Ukrainian enterprises to develop joint production in the territory of Kazakhstan. In turn, Azarov proposed Kazakhstan's companies to take part in new projects in the territory of Ukraine.
Kazakh-Ukrainian trade turnover increased by 1.5 times in January to August of 2011 compared to the same period of 2010 to $2.9 billion. Kazakh exports to Ukraine in this period increased by 4 times compared to the same index of 2010 to $1.8 billion. Ukrainian import to Kazakhstan in increased by 28.4 percent to $1.1 billion in January-August, 2011.