COVID-19 Latest
Kazakhstan|business|June 23, 2016 / 06:04 PM
Russia, Kazakhstan discuss joint projects worth $25bn

AKIPRESS.COM - http://static.ca-news.org/upload/ennews/2/576662.1462508696.m.jpgRussia and Kazakhstan are discussing joint projects with a total value of $25 billion, Kazakh President Nursultan Nazarbayev said in an interview with Rossiya-24 on Thursday, Russian media report.

Nazarbayev said the focus for Russian-Kazakh cooperation would be, among other spheres, on processing agricultural products, adding that Kazakhstan could also partially displace Russian imports of South American meat, RIA Novosti reports.

"Some 6,000 joint [Russian-Kazakh] ventures have been developed since [the Eurasian Economic Union] EAEU… and now we have projects worth $25 billion in total to implement. But if we do not count oil and gas-related projects, there are some $6-7 billion left for engineering, processing, small and medium-sized enterprises, services," he told Rossiya-24 television.

According to the Kazakh president, the transport and logistics sector is also one of the the aspects of the countries' bilateral cooperation.

The EAEU is an international organization set up with the aim of streamlining the flow of goods and services between its member countries, including Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.

All rights reserved

© AKIpress News Agency - 2001-2024.

Republication of any material is prohibited without a written agreement with AKIpress News Agency.

Any citation must be accompanied by a hyperlink to akipress.com.

Our address:

299/5 Chingiz Aitmatov Prosp., Bishkek, the Kyrgyz Republic

e-mail: english@akipress.org, akipressenglish@gmail.com;

Follow us:

Log in


Forgot your password? - recover

Not registered yet? - sign-up

Sign-up

I have an account - log in

Password recovery

I have an account - log in