Kazakhstan, France discuss investment cooperation
Azerbaijan, Baku, Nov. 4 / Trend E. Kosolapova/
Kazakh Prime Minster Karim Massimov and French Minister of Industry, Energy and Digital Economy Eric Besson have discussed today in Kazakhstan development of bilateral trade, economic and investment cooperation, Kazakh prime minister's press service reported.
The parties focused on joint projects implemented in the oil and gas and transport industries as well as in the nuclear energy.
The goods turnover between Kazakhstan and France made up $4.9 billion in 2010, including Kazakh export in the amount of 4.4 billion and import in the amount of $501 million. This is 25 percent more compared to the index of 2009.
The goods turnover reached $4.490 billion in January to October 2011, including Kazakh export in the amount of 4.041 billion and import in amount of $449 million.
Kazakhstan's main export goods are oil, metals, chemical products and agricultural products. France exports electrical and mechanical equipment, medicaments, cosmetics, cars, food products and construction materials.
France has invested $8.291 billion in Kazakhstan since 1993. The two states are presently cooperate in the oil and gas, ore mining, aerospace, nuclear industries, engineering and banking sectors.