Kazakhstan intending to boost trade turnover with Bahrain14 april 2014, 14:10
Kazakhstan intends to boost the trade turnover with Bahrain, Kazakhstan’s President Nursultan Nazarbayev said following his talks with Sheikh Ḥamad ibn ʿIsā Āl Khalīfah in Astana, Kazakhstan’s capital city, a Tengrinews.kz journalist reports.
“The trade turnover figure of $1.5 million is rather low. I am confident your visit will give a boost to the trade and economic ties between the two nations”, President Nazarbayev said at the talks.
It’s the first official visit of Sheikh Ḥamad ibn ʿIsā Āl Khalīfah to Kazakhstan. President Nazarbayev emphasized that the delegation [of over 200 people] is a sign of good intentions of the visitors.
“We’ve covered a range of important issues today. Kazakhstan believes Bahrain to be a major partner among Arabic countries”, President Nazarbayev said.
In his turn, Sheikh Ḥamad ibn ʿIsā Āl Khalīfah expressed hope that the talks would be the first step towards further cooperation between the two nations. “We are looking forward to a close cooperation; hopefully, such cooperation will be our common task. We are glad to have signed memoranda of understating”, he said.
During the visit the two sides have signed memoranda of understanding in food security, finance, education, and investments. Earlier the two sides agreed on cooperation to produce aluminum.