Wednesday, December 3, 2014
Kazakhstan, South Korea enjoy visa-free regime
The visa-free regime deal between Kazakhstan and South Korea has come into force, now the citizens of both countries may travel to each others' countries without visa requirements for up to 30 days.
The agreement on visa-free regime between the two countries was signed in the summer of this year by Presidents Nursultan Nazarbayev and Park Geun-hye, azh.kz refers to akipress. The document aims at further development of cooperation in all spheres, expansion of direct contacts between the citizens of Kazakhstan and South Korea. South Korea is one of the leading investors in the economy of Kazakhstan. The total volume of South Korean investments to Kazakhstan is about USD 8 billion. The volume of bilateral trade in 2013 amounted to USD 1.3 billion.
INC News, 03/12/2014-via AK Zhaik
Presidents of Kazakhstan, Iran, Turkmenistan launch Uzen - Bereket - Gorgan railroad
Kazakh President Nursultan Nazarbayev, Iran's Hassan Rouhani, and Turkmenistan's Gurbanguly Berdymukhamedov have launched today the new railroad Uzen - Bereket - Gorgan, the press service of the Kazakh leader said. This railroad line will allow to make direct deliveries of goods between the two countries via the shortest path which will shorten the time as well. Intergovernmental agreement on construction of the railroad was signed in 2007. The construction started in 2009, akipress.org reports.
“Due to the construction of the railway towards the Persian Gulf Kazakhstan’s trade turnover has increased by 38% this year,” Nazarbayev said on Tuesday at a press conference with Berdymukhamedov following their meeting in Ashgabat. Rail transit can serve the expansion of economic relations between Russia and Iran and the implementation of the Russian-Iranian trade treaty on supplies of Iranian oil in exchange for Russian grain, equipment and other industrial goods. The new trade route will strengthen trade and economic relations, as well as regional and geopolitical positions of Turkmenistan, Iran and Kazakhstan.
INC News, 03/12/2014-via AK Zhaik
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