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Kazakh PM discuss bilateral cooperation with ambassadors of Italy, Germany, U.S.

Kazakhstan Materials 16 November 2011 16:47 (UTC +04:00)
Kazakhstan’s Prime Minister Karim Massimov discussed bilateral cooperation with the Heads of diplomatic missions of Italy, Germany and the U.S. accredited in Kazakhstan
Kazakh PM discuss bilateral cooperation with ambassadors of Italy, Germany, U.S.

Azerbaijan, Baku, Nov. 16 / Trend E. Kosolapova/

Kazakhstan's Prime Minister Karim Massimov discussed bilateral cooperation with the Heads of diplomatic missions of Italy, Germany and the U.S. accredited in Kazakhstan, Kazakh Prime Minister's press-service reported.

The trade turnover between Kazakhstan and Germany rose by 22 percent in 2010 compared to 2009 index and made up $3.58 billion. The trade turnover between two states made up $2.5 billion in nine months of 2011, including Kazakh export of $1.26 and the import of $1.28 billion.

The investment cooperation of Kazakhstan and Germany is successfully developing. Germany invested in the Kazakh economy $ 816.5 million. Kazakh investments to Germany, has reached $239 million.

The volume of trade between Kazakhstan and Italy increased by 30 percent compared to the 2009 to $11 billion last year. Meanwhile the mutual trade volume in 9 months of 2011increased by 45 percent compared to the same period of 2010 to $ 11.55 billion.

The trade turnover between Kazakhstan and U.S reached $1.5 billion in the first half of 2011 compared to $1 billion in the corresponding period last year.

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