Government to lower rates under hypothecary credits
The Prime Minister of Kazakhstan, Karim Masimov, today at the expanded session of faction of the People's Democratic Party Nur Otan in Parliament of Kazakhstan said the government of Kazakhstan made a decision to lower rates under hypothecary credits, the agency reports.
Astana. February 6. Kazakhstan Today - The Prime Minister of Kazakhstan, Karim Masimov, today at the expanded session of faction of the People's Democratic Party Nur Otan in Parliament of Kazakhstan said the government of Kazakhstan made a decision to lower rates under hypothecary credits, the agency reports.
"The credit rate will not exceed 9 % annual in tenge for socially unprotected groups of the population and the employees of social and budgetary sphere, for other borrowers - 11 % in tenge.
All the categories of citizens who fall under this criterion have an opportunity to re-finance in those banks in which they took those credits under this reduced price program," the Prime Minister said, having added that the decision to increase the term of deposits till 20 years has been accepted.
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Today we sign the Treaty on Deepening and Expanding Allied Relations, a historical document, which will give a new impulse to the development of the Kazakh-Kyrgyz ties," the Kazakh President said.
Kassym-Jomart Tokayev thanked Sadyr Zhaparov and the people of Kyrgyzstan for the humanitarian aid sent due to the massive floods in several regions of Kazakhstan. He pointed out dynamic development of the bilateral contacts. In his opinion,active political dialogue, close intergovernmental and interparliamentary ties give a special impulse to the relations.
Our bilateral trade and economic cooperation strengthens year by year. Last year, commodity turnover reached $1.5 billion having increased by 26%. We set a goal to raise this indicator to $2 billion. A number of promising projects are implemented in this area. In whole, the agreements in trade-economic sector are fulfilled," the Kazakh President noted.
Special attention was given to the expansion of cultural and humanitarian ties.
Holding the Days of Culture has already turned into a good tradition. We exchange experience in education. The contacts between the youth have intensified. Today we will open the monument to Manas in Astana, which proves a high level of the Kazakh-Kyrgyz relations. We are interested in bringing them to a brand new level," he stated.
Kassym-Jomart Tokayev emphasized he highly values the personal contribution of Sadyr Zhaparov to strengthening the traditional friendship and good-neighborly relations.
The President of Kyrgyzstan thanked Kassym-Jomart Tokayev for hospitality.
Kazakhstan is our close partner, fraternal nation and one of the major trade partners. Kazakhstan is a priority in our foreign policy. There are no politcal or regional disputes between our countries. Since the first days of my presidency, you have constantly supported me in international structures and issues related to the expansion of the Kazakh-Kyrgyz relations. We are ready to provide all possible assistance to the fraternal Kazakh people in flood relief efforts. Our countries enjoy centuries-long friendship, fraternity, good-neighborly relations, common culture, spirituality and religion. I am confident that our mutual cooperation, strategic partnership will strengthen further," said Sadyr Zhaparov.
The sides also discussed the issues of enhancing interaction in political, transport-transit, energy spheres, as well as regional and international agenda.
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Armenia is an important partner for Kazakhstan, Kassym-Jomart Tokayev
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Kazakh President Kassym-Jomart Tokayev met with President of Armenia Vahagn Khachaturyan, Kazinform News Agency learnt from the Akorda press service.
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Olzhas Bektenov pays working visit to Bishkek
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On the instructions of the Head of State, Prime Minister of the Republic of Kazakhstan Olzhas Bektenov made a short-term working visit to the Kyrgyz Republic, primeminister.kz reports.
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President Tokayev visits historic sites of Khiva
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As part of his working visit to Uzbekistan, Head of State Kassym-Jomart Tokayev visited the Itchan Kala settlement, located in the historic center of ancient Khiva. The Kazakh leader was accompanied by Uzbek President Shavkat Mirziyoyev, Kazinform News Agency cites Akorda.
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Kazakh-Uzbek tandem is a vital need, says President Tokayev
Head of State Kassym-Jomart Tokayev and Uzbek President Shavkat Mirziyoyev held an informal meeting in Khiva, Uzbekistan, Kazinform News Agency cites Akorda.
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China is a major foreign trade partner of Kazakhstan. At the end of last year, bilateral trade turnover totalled $31.5 billion. China's Xinjiang Uygur Autonomous Region borders four Kazakh regions. Xinjiang Uygur Autonomous Region accounts for over 64% or $20.3bn of the total trade turnover with China.
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