08.04.2008, 19:14 3079

Kazakhstan, India to deepen cooperation in oil-and-gas sphere

Kazakhstan and India plan to deepen cooperation in oil-and-gas sphere. The arrangement was reached today during the meeting of the President of Kazakhstan Nursultan Nazarbayev with Vice President of India Mohammad Hamid Ansari, the agency reports.

Astana. April 8. Kazakhstan Today - Kazakhstan and India plan to deepen cooperation in oil-and-gas sphere. The arrangement was reached today during the meeting of the President of Kazakhstan Nursultan Nazarbayev with Vice President of India Mohammad Hamid Ansari, the agency reports.

During the negotiations the parties discussed the questions of intensification of cooperation in oil-and-gas branch, including oil block Satpaev at the Caspian shelf, perspectives of expansion of bilateral interaction in the field of information technologies, tourism, and military-technical cooperation.

According to the press service, the parties have supported development of cultural-humanitarian contacts, first of all in education and science.

The parties expressed readiness to deepen cooperation in the field of investments and banking.

During the negotiations the parties confirmed mutual support and foreign policy initiatives of two countries.

Commodity turnover between two countries in 2007 made nearly $200 million, export - $48 million, import - $147 million.

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