The bilateral cooperation between Russia and Kazakhstan is not only based on confidence, but in an alliance in every sense, said Russian President, Vladimir Putin, on Thursday, meeting with his Kazakh counterpart, Nursultán Nazarbayev, in Astana
During the visit started officially on Thursday, the Russian leader and his host analyze bilateral relations in the context of the Economic Eurasian Union (EEAU) that Moscow and Astana share together with Armenia, Belarus and Kirgizstan.
Putin highlighted that global economy and that of both countries face difficult times, but he stated that despite these difficulties, bilateral trade in rubles maintains growth.
The visiting President highlighted the great investment volume and extolled the conditions created for the development of both economies in the EEAU. “We have already seen proposals of partners regarding development of relations between economic associations,” he added.
They express their will to cooperate with the Eurasian Union in different formats and all that will be subject to analysis during this State visit, according to the Russian head of State.
Kremlin sources said that Russia and Kazakhstan review perspectives of creating joint ventures in the metallurgic, mining, chemical, and light industries and lumber processing.
Both leaders meet for the 13th occasion this year. Last September they attended in the regional cooperation forum, held in Sochi.
The agreements scheduled to be signed include the delimitation of sea bottoms in the northern sector of the Caspian Sea and specific questions on the joint exploitation of the central oil block.
The inking of an inter-government agreement on missile launching from the Dombarovsky district, in the Orenburg region, as part of the bilateral collaboration projects in the space field is also expected.
Putin and Nazarbaev will also address issues on regional integration inside the EEAU and topics of the current international situation as Ukraine and Syria, with a final communiqué to be released to the media, detailed adviser to the Kremlin, Yuri Ushakov.
From Astana, the Russian president will travel on Friday to the town of Burabai to attend the Summit of heads of State of the Community of Independent States, formed by Armenia, Belarus, Kazakhstan, Kirgizstan and Russia.
The devaluation of the ruble reduced in 2014 Russian-Kazakh trade turnover by 10.5 percent, totaling 21 billion 100 million dollars, with an unfavorable balance for the Central Asian nation.
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