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Kazakhstan ready to cooperate with Zimbabwe in mining industry

Business Materials 21 January 2019 17:25 (UTC +04:00)
Kazakhstan ready to cooperate with Zimbabwe in mining industry

Baku, Azerbaijan, Jan. 21

By Rashid Shirinov – Trend:

Kazakhstan is ready to cooperate with Zimbabwe in the mining industry and in the supply of agricultural products, Trend reports referring to the Kazakh media.

The remarks were made by the President of Kazakhstan Nursultan Nazarbayev at a briefing on the results of the official visit of the Zimbabwean President Emmerson Mnangagwa to Kazakhstan.

"We have met at the level of heads of state for the first time since 1992, when we established diplomatic relations. This meeting is of particular historical importance for the development of relations between Kazakhstan and Zimbabwe and for strengthening cooperation between the regions of Central Asia and South Africa," Nazarbayev said.

He noted that the parties discussed the prospects of bilateral cooperation between the two countries and exchanged views. The president noted that trade cooperation between the countries is at a low level.

"There is an opportunity to establish cooperation in certain areas. Our countries are similar. Zimbabwe is very rich in its subsoil and various minerals. Our countries are also similar in agriculture. Therefore, Kazakhstan is ready to consider cooperation in the mining industry and supply of food, wheat, meat and other agricultural products," said Nazarbayev.

It should be noted that presently Kazakhstan imports only tobacco from Zimbabwe. Kazakh enterprises are involved in joint mining projects in Zimbabwe.

Diplomatic relations between Kazakhstan and Zimbabwe were established in 1992. The trade turnover between the two countries in January-October 2018 amounted to $637,000, which is 24.7 percent higher than in the same period of 2017.

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