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President Of Kazakhstan Calls Kazakhstani Business To "Head For Arme

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  • President Of Kazakhstan Calls Kazakhstani Business To "Head For Arme

    PRESIDENT OF KAZAKHSTAN CALLS KAZAKHSTANI BUSINESS TO "HEAD FOR ARMENIA"

    Regnum, Russia
    Nov 7 2006

    President of Kazakhstan Nursultan Nazarbayev and president of Armenia
    Robert Kocharyan took part in a business forum in Astana, REGNUM
    correspondent reports.

    Kocharyan who is staying in Kazakhstan with a two-day official visit,
    told the audience that economically speaking, Armenia and Kazakhstan
    are not competitors, thus, the president believes, the business has all
    grounds to develop mutually beneficial cooperation. The Armenian leader
    said that the both countries' economies are complementary regarding
    each other. "Our countries maintain great bilateral relations, free
    of any controversial and sensitive issues," Kocharyan said. He says
    that the IT, banking, and agricultural spheres, as well as ore mining
    and metallurgical industries may be attractive for the Kazakhstan's
    business.

    Nazarbayev called Kazakhstani business circles to more actively explore
    the new opportunities. "I call our companies - as the business requires
    - to head to Armenia, to their own and everybody's benefit, learn
    the situation and invest in Armenian economy, using legislation and
    chance." The Kazakhstani leader pointed that for the 15 years of its
    independence, Kazakhstan has invested $18bn in various international
    projects. In the Caucasus, Georgia has been lately receiving most
    investments.

    Kocharyan said that both countries until recently "never seriously
    worked on" the issue of active development of bilateral business
    contacts. Nazarbayev replied that the present friendly relations
    between Kazakhstan and Armenia and his personal friendship with
    president Kocharyan will help to develop the business partnership.
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