15.07.2008, 17:22 2483

Kazakhstan and United Arab Emirates agreed to increase trade and economic cooperation

The President of Kazakhstan and the United Arab Emirates - Nursultan Nazarbayev and Sheikh bin Zayed Al Nahayan discussed today during negotiations in Astana prospects of trade and economic and political cooperation, the agency reports referring to the president's press service. "During the negotiations the Presidents discussed mechanisms of further increase of trade and economic cooperation," the press release informs.

Astana. July 15. Kazakhstan Today - The President of Kazakhstan and the United Arab Emirates - Nursultan Nazarbayev and Sheikh bin Zayed Al Nahayan discussed today during negotiations in Astana prospects of trade and economic and political cooperation, the agency reports referring to the president's press service.

"During the negotiations the Presidents discussed mechanisms of further increase of trade and economic cooperation," the press release informs. The necessity of activization of cooperation between business circles of two countries by involving experience, technologies, and investment from the United Arab Emirates in the projects of small and medium business of Kazakhstan has been touched upon.

The leaders of two countries stated that cooperation between Kazakhstan and the United Arab Emirates in political sphere has confidential and constructive character. "The parties emphasized affinity of positions on key international issues and importance of cooperation within the United Nations, OIC (Organization of Islamic Conference) and other international and regional organizations," the press release informs.

The Kazakhstan party highly estimated the decision of the United Arab Emirates to support the initiative of Kazakhstan on carrying out of the forum of Ministers for Foreign Affairs of the Muslim and western countries Common World: Progress through variety.

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