In the course of the meeting President Nursultan Nazarbayev pointed out that this year marks the 20th anniversary of establishment of diplomatic relations between Kazakhstan and Estonia and expressed an interest in mutually beneficial and dynamic cooperation between the two countries.
The head of state emphasized that the growth of the two economies exceeded 7 percent last year and invited the Estonian companies to cooperate with Kazakh businessmen.
“Kazakh-Estonian business forum is taking place nowadays in Astana. As for me, I support all activities targeted to promote the bilateral cooperation. We are actively implementing the forced industrial innovative programme; build new plants and factories, as well as attract modern technologies. Due to the dynamic development of the economy and the favorable macroeconomic indicators, Kazakhstan has an opportunity to invest in different projects abroad,” the President highlighted.
The Estonian Prime Minister thanked the President for a warm reception and emphasized the importance of the development of bilateral cooperation. Prime Minister Ansip also pointed out that there are prospects to boost the bilateral ties in different areas of economy.
There are 54 joint companies with participation of the Estonian capital functioning in Kazakhstan. They are specialized in furniture and food production, as well as in the fields of construction and architecture.
In 2011, the trade turnover between the two countries accounted for US$ 63 million. In the first half of 2012 the trade amounted to US$ 13.2 million.