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Armenian-Kazakh Relations Enhancing

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  • Armenian-Kazakh Relations Enhancing

    ARMENIAN-KAZAKH RELATIONS ENHANCING

    ARKA News Agency
    Dec 11 2007
    Armenia

    YEREVAN, December 11. /ARKA/. Armenian-Kazakh relations make a great
    leap forward, said Charge d'Affaires of Kazakhstan to Armenia Yerlan
    Kubashev.

    The testimony of Armenian-Kazakh friendly relations is bilateral
    visits and dialogues between both country leaders, as well as CSTO
    cooperation, according to him.

    Kubashev believes Armenia and Kazakhstan should develop bilateral
    economic relations. A number of negative factors impede bilateral
    cooperation, particularly, absence of borders, problems with transport
    communications, lack of competence in marketing, Kubashev said.

    "In this connection, we meet with Armenian entrepreneurs to improve
    the situation," the Charge d'Affaires said.

    He pointed out that an expo of Armenian goods will be held in
    Kazakhstan in 2008.

    Kubashev attached importance to the role of the Armenian-Kazakh
    intergovernmental commission on economic cooperation. He pointed
    out that the members of the commission are to meet in Kazakhstan in
    April 2008.

    The Charge d'Affaires believes the Armenian Disapora in Kazakhstan
    (which numbers about 30,000) can greatly contribute to the development
    of bilateral economic relations. Armenians in Kazakhstan are actively
    involved in the country's economy, particularly in such spheres as
    construction and hotel business.

    45,000 small Armenian enterprises were registered in Kazakhstan in
    late 2006 with 21 joint corporations. Their main directivities are
    trade, production and sales of construction materials.

    Armenian-Kazakh trade turnover totaled $191.3mln in January-October
    2007 - 62.4% increase. Armenian exports to Kazakhstan totaled $6.6mln -
    80.4% increase as compared to January-October 2006.

    Kazakh imports to Armenia totaled $184.7mln - 61.8% increase in
    the reporting period. Imports from Kazakhstan totaled $4.2mln by
    increasing thrice.

    The share of Kazakhstan in Armenia's foreign trade turnover was 5.5%
    in January-October 2007.
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