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Nazarbayev suggests Ukraine creating joint venture in mechanical engineering in Kazakhstan

Astana. March 7. Kazakhstan Today - Nursultan Nazarbayev suggests the Ukrainian party manufacturing transport and agricultural mechanical engineering at the press conference after the negotiations with the President of Ukraine Victor Jushchenko on Thursday, the agency reports. "We suggested the Ukrainian party taking part in development of transport mechanical engineering. The same concerns the spheres of agricultural mechanical engineering," N. Nazarbayev said. "This branch is well developed in Ukraine. For the last years our landowners purchased almost 300 units of agricultural machinery of the Ukrainian manufacture. Kazakhstan suggests creating joint venture on manufacture, repair and service of this technology," he emphasized. According to the official data, bilateral commodity turnover between Kazakhstan and Ukraine in 2007 made $2.6 billion, having increased by 64 % in comparison with the last year. Thus, the Kazakhstan export made $1.1 billion with prevalence of oil and mineral oil, production of metallurgy, machine and equipment, and agro industrial production. Import of Ukrainian production made $1.5 billion. These are machines and equipment, production of metallurgy, food, chemical, construction and processing branches.

Resourse: Kazakhstan Today

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