Kazakhstan, Estonia sign agreement on investment protection
Azerbaijan , Baku, 20 April / Trend
An agreement on encouragement and mutual protection of investments has been signed today in Tallin, Estonia, between Estonian Minister of Economic Affairs Juhan Parts and Kazakh Foreign Minister Yerzhan Kazykhanov , RIA Novosti reported quoting the Estonian Ministry of Economy .
According to Parts , the treaty creates favorable conditions for investors , ensuring their rights and freedom of action both in Kazakhstan and Estonia . The Estonian parliament will soon ratify ag reement .
Trade turnover between Kazakhstan and Estonia amounted to $ 74.5 million in 2010, nearly 1.5 times more than in 2009 ($ 54.3 million ). Kazakhstan has registered 26 joint ventures in the fields of trade , finance , architecture, engineering and construction.
Kazakh delegation led by President Nursultan Nazarbayev arrived in Tallinn on Wednesday .