President Gul Calls On Turkish Companies To Invest In Kazakhstan

Turkey's president who is on an official trip to Kazakhstan has called on Turkish companies to invest in this Country.

Speaking at a joint conference with his Kazakh counterpart Nursultan Nazarbayev in Astana on Tuesday, President Abdullah Gul said Kazakhstan was in the customs union with Russia and Belarus which made production in this country very appealing.

Gul said the trade volume between Turkey and Kazakhstan in the previous year had reached 3 billion USD adding that they aimed to increase it up to 10 billion USD.

'We attach importance to production as well as trade, therefore I invite Turkish companies to invest in Kazakhstan", said Gul.

Gul who said that he believed investments would increase soon thanked Kazakh contractors for the convenience provided to Turkish contractors.

Gul said that during the meeting with Nazarbayev they discussed bilateral relations as well as regional issues.

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Gul said majority of the problems in the region occurred in the Caucasus and Asia.

It is important to solve problems before they grow into greater problems. It is harder to solve problems once wars and conflicts break out. It is important to take precautions and solve problems with diplomatic and political means and build confidence" said Gul.
Kazakhstan Willing To Improve Trade Ties With Turkey
Kazakhstan's president said Tuesday his country was willing to triple the current 3 billion USD trade volume with Turkey.

"Trade volume has dropped a little bit due to recent global economic crisis but we want to grow it," Kazakh President Nursultan Nazarbayev told a joint press conference with Turkish President Abdullah Gul who is on a formal visit to Kazakhstan.

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Nazarbayev said Turkey and Kazakhstan could work together on energy, agriculture and trade, and he asked for a new project to boost trade ties between the two countries.

Nazarbayev also said that uranium-rich Kazakhstan was seeking ways to cooperate with Turkey about swap of enriched uranium.

"We are two sister nations having a common historic root" Nazarbayev said.

"Kazakhstan has assumed chairmanship of the Organization for Security and Cooperation in Europe. And in July, Turkey will take over the rotating presidency of the Conference on Interaction and Confidence-Building Measures in Asia. Astana and Ankara are working hand-in-hand on international affairs. These two nations will play an important role in Asia and Europe" he said.
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