Kazakhstan, China sign agreements on economic and humanitarian cooperation

BEIJING. April 16. KAZINFORM. /Talgat Baimukhambetov/ President of Kazakhstan Nursultan Nazarbayev and Chairman of the People?s Republic of China Hu Jintao have signed a joint statement and took part in the official ceremony of signing of a package of intergovernmental, interdepartmental and corporate agreements and contracts in Beijing today.
None
None
In the presence of the two presidents Kazakh Vice Prime Minister Umirzak Shukeyev and Deputy Chairman of the National Development and Reform Commission of China Zhang Guobao signed a memorandum between the governments of Kazakhstan and China on integrated cooperation in the sphere of energy and crediting. Memorandums of mutual understanding were signed between the ministries of agricultures of the two states. Kazakh Ministry of Transport and Communications and Chinese Transport Ministry signed mutual understanding memorandum on creation of the auto transport corridor ?Western Europe ? Western China?. Besides, there was signed a protocol on introduction of amendments to the agreement between Kazakh Ministry of Education and Science and Chinese Ministry of Education on cooperation as of June 3, 2003. Samruk-Kazyna National Welfare Fund and China Development Bank signed a framework agreement of cooperation in the financial sphere. Among other signed documents are a framework loan agreement between Kazakhstan Development Bank and Export-Import Bank of China to the amount of USD 5 billion; cooperation agreement between Kazakhtelecom JSC and Huawei Technologies Co., Ltd; framework agreement on expansion of cooperation in oil and gas sphere and support of borrowings to the amount of USD 5 billion between KazMunaiGaz JSC and CNPC; share purchase agreement between Central Asia Petroleum Ltd and Mangistau Investments BV. USD 5 billion allocated by the Chinese side will be budgeted intp the MangystauMuniaGaz deal and project of Beineu-Bozoi-Akbulak gas pipeline construction.
Currently reading