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12 March 2007
Head of State Nursultan Nazarbaev continues his official visit to the Arab Republic of Egypt.

The solemn ceremony of meeting with the President of Kazakhstan was held in the residency of Egyptian President Hosni Mubarak in Cairo.

The Presidents of the two countries held narrowed and enlarged negotiations. A variety of issues of international politics and bilateral collaboration between Kazakhstan and Egypt were discussed during the negotiations.

At the negotiations in Cairo President Hosni Mubarak of Egypt underscored that the meetings in Astana and Sharm el Sheikh gave a new impulse to the development of Kazakhstani-Egyptian collaboration.

- We are keeping up with the process of intensifying and developing our bilateral ties, - Hosni Mubarak said.

The President of Egypt noted the intensified work of the Intergovernmental Commission. “This visit will assist to the development of the bilateral relations”, - Hosni Mubarak added and emphasized his brotherly feelings to the Leader of Kazakhstan.

Nursultan Nazarbaev in the response speech underscored that also had got brotherly feelings to the Head and people of Egypt. The President of Kazakhstan noted the positive trend in the development of trade economic relations between the two countries.

- The first lot of grain has been exported from Kazakhstan, and the grain import of Egypt will reach 1 million tons a year in the nearest future. Due to that the commodity turnover between the two countries will increase from 90 to 150 million dollars this year. And we will actively develop the export of grain from Kazakhstan. A grain terminal has been built in Baku. The same terminal is going to be built in Georgia, - Nursultan Nazarbaev said.

The President of Kazakhstan also suggested building the same terminal and a wheat flour plant in one of the Mediterranean seaports of Egypt.

Nursultan Nazarbaev noted that a large group of businessmen had arrived with him for participation in the first sitting of the Kazakhstani-Egyptian business council.

- Our investors are ready to contribute their money to the development of Egypt’s economy, and, in their turn, the Kazakhstani side greets the entering of Egyptian business to our country. Particularly, we are ready to invest to the construction of tourist objects in Sharm el Sheikh. Promising prospects exist for the collaboration of the two countries in the area of creating and developing a cotton cluster in South Kazakhstan. We greet the participation of the Egyptian business community in the development of cotton industry in Kazakhstan. There are good prospects for our collaboration in the area of pharmaceutical industry in Kazakhstan, - the Head of Kazakhstan pointed out.

Nursultan Nazarbaev proposed to develop a detailed concrete program – a “road map” for developing collaboration between the two countries in all areas.

- High technologies can be an important area of interaction. We are very interested in Egypt’s experience in implementing the project "Smart Village", - the Head of State said.

Besides, the sides discussed the issue of direct air link between Cairo and Almaty or Astana. The President of Kazakhstan also proposed to hold a Day of Egypt in Kazakhstan in 2008, particularly, to open an Exhibition of the National Museum of Egypt in Astana, to develop collaboration between the two capital cities.

Nursultan Nazarbaev expressed his full support and approval of the active peacemaking activities of Hosni Mubarak and invited Egypt to join the CICA.

Hosni Mubarak has underscored that today concrete instruction will be given to Egyptian ministers on developing agreements in order to implement the suggestions of the Kazakhstani side.

An official reception in honor of President Nursultan Nazarbaev of Kazakhstan was held on behalf of President Hosni Mubarak of the Arab Republic of Egypt after finishing the summit negotiations.

On the same day the Kazakhstani Leader met with Prime Minister Ahmed Nazif of the Arab Republic of Egypt.

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