Arab Today, arab today kazakh president trade with russia reaches record 20 bln
Last Updated : GMT 20:29:46
Arab Today, arab today
Arab Today, arab today

Kazakh president: trade with Russia reaches record $20 bln

Arab Today, arab today

Arab Today, arab today Kazakh president: trade with Russia reaches record $20 bln

Moscow - Ria Novosti

Kazakh President Nursultan Nazarbayev praised on Monday his country’s relations with Russia, saying that bilateral trade has reached $20 billion. “For the first time in our 20-year history of independence we have reached a trade [with Russia] of $20 billion, which is a huge figure for Kazakhstan,” Nazarbayev said after his meeting with Russian President Dmitry Medvedev in Moscow. Medvedev said that Russia’s relations with Kazakhstan “are developing ideally, but there are always issues for talks and there are always particular economic nuances.” The presidents of Russia, Kazakhstan and Belarus gathered for a summit on Monday to discuss the three countries\' integration within a common economic space and the Eurasian Economic Community, a post-Soviet economic bloc intended to promote cooperation both with Europe and the Asia-Pacific region. In November, Medvedev, Nazarbayev and Belarusian President Alexander Lukashenko signed a declaration on Eurasian economic integration and a roadmap of integration processes aimed at creating a Eurasian Economic Union.

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