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Kazakhstan ratified agreement with Azerbaijan on provision of land 10 января 2013, 18:00

Azerbaijan will lease out a 0.5-hectare land lot in Khatinsk region of Baku to Kazakhstan for 49 years at the cost of 1 manat a year.
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Photo courtesy of biznesinfo.az Photo courtesy of biznesinfo.az
Kazakhstan President signed a law On ratification of the Agreement between governments of Kazakhstan and Azerbaijan on mutual provision of lands for construction of buildings of diplomatic representative offices, Tengrinews.kz reports citing the President’s official website. Azerbaijan will lease out a 0.5-hectare land lot in Khatinsk region of Baku to Kazakhstan for 49 years at the cost of 1 manat a year. Kazakhstan party will, in its turn, provide Azerbaijan with a 0.5-hectare land lot in the area of the Presidential Park in Astana, also for 49 years at the cost of 1 tenge per year. During discussion of the document in the upper chamber of Kazakhstan Parliament, one of the deputies stressed that foreign diplomatic missions should consider Astana’s architectural features when constructing their buildings. Deputy Foreign Minister Kairat Sarybai found this notice fair and said that Kazakhstan would not lose with the choice of place in Baku. “According to my colleagues, the land has a view on the Caspian Sea and is located in a prestigious region of Baku,” deputy Foreign Minister said.
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