17.06.2009, 13:39 2443

Kazakhstan and Brazilian leaders held negotiations in Astana

The President of the Republic of Kazakhstan, Nursultan Nazarbayev, and the President of the Federal Republic of Brazil, Luis Inacio Lula da Silva, are holding negotiations in Astana, the agency reports.

Astana. June 17. Kazakhstan Today - The President of the Republic of Kazakhstan, Nursultan Nazarbayev, and the President of the Federal Republic of Brazil, Luis Inacio Lula da Silva, are holding negotiations in Astana, the agency reports.

During the negotiations, the Presidents noted progressive development of trade and economic cooperation. In 2008, volume of Kazakhstan-Brazilian goods turnover has increased by almost twice and has totaled $275 million. Volume of mutual trade does not yet correspond to the economic potentials of two countries.

The President of Kazakhstan said that we need to create an important mechanism of cooperation - the intergovernmental commission on trade and economic cooperation to develop business cooperation. The head of the state said all the necessary conditions for foreign investors have been created in Kazakhstan.

The officials also discussed possibilities of participation of the Brazilian business in the important projects of diversification of the Kazakhstan economy.

The perspective directions of cooperation are energy, metallurgy, mechanical engineering, agriculture, aircraft and space researches, tourism and sports.

N. Nazarbaev and Luis Inacio Lula da Silva also exchanged opinions concerning world politics.

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