25 November 2011 | 09:44

Trade turnover between Kazakhstan and Ukraine grow by 70%

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PM Nikolai Azarov of Ukraine. Photo courtesy of focus.ua PM Nikolai Azarov of Ukraine. Photo courtesy of focus.ua

Kazakhstan’s President Nursultan Nazarbayev met PM Nikolai Azarov of Ukraine November 24. During the talks the sides discussed a wide range of issues related to bilateral ties between the two nations. For the 9 months of 2011 the trade turnover between the two countries grew by 70%, reaching $2.5 billion. Ukraine is the largest trade partner after Russia out of the CIS states. Ukranian PM expressed his admiration for the architecture and development of Astana. “It has been 7 years since I last visited Kazakhstan. The changes in the capital city and in the economy development are truly striking. Suffice it to say that the nation’s GDP stands at $200 billion, a bit over than that of Ukraine”, he said when speaking at the Kazakh-Ukrainian business forum in Astana November 24.

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Kazakhstan’s President Nursultan Nazarbayev met PM Nikolai Azarov of Ukraine November 24. During the talks the sides discussed a wide range of issues related to bilateral ties between the two nations. For the 9 months of 2011 the trade turnover between the two countries grew by 70%, reaching $2.5 billion. Ukraine is the largest trade partner after Russia out of the CIS states. Ukranian PM expressed his admiration for the architecture and development of Astana. “It has been 7 years since I last visited Kazakhstan. The changes in the capital city and in the economy development are truly striking. Suffice it to say that the nation’s GDP stands at $200 billion, a bit over than that of Ukraine”, he said when speaking at the Kazakh-Ukrainian business forum in Astana November 24.
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