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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)

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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