Friday, August 28, 2015

China, Kazakhstan reach six-point consensus on advancing cooperation

English.news.cn | 2015-08-26


BEIJING, Aug. 25 (Xinhua) -- Chinese Vice Premier Zhang Gaoli and First Deputy Prime Minister Bakytzhan Sagintayev of Kazakhstan reached a six-point consensus to advance bilateral cooperation on Tuesday.
Zhang and Sagintayev co-chaired the seventh session of the China-Kazakhstan Cooperation Commission in Beijing, at which they summarized the results and planned future cooperation in the areas of manufacturing capacity, energy and resources, trade and investment, inter-connectivity, technology and people-to-people contact.
The two sides agreed to step up integration of the China-proposed Silk Road Economic Belt with Kazakhstan's new economic policy of the Bright Road. They will establish a joint work group on building the Silk Road Economic Belt as soon as possible and start drafting a guideline on bilateral cooperation at the earliest possible date.
The two sides vowed to deepen cooperation on manufacturing capacity. The two governments will sign an agreement on investment and manufacturing capacity cooperation as soon as possible. They will materialize a number of short-listed projects and accelerate study on establishing a bilateral fund for manufacturing capacity cooperation.
The two sides also agreed to boost bilateral trade to 40 billion U.S. dollars a year by strengthening cooperation on infrastructure, equipment manufacturing, construction materials, petrochemical industry, automobiles and agriculture.
The two sides vowed to advance construction of roads connecting the western part of China, Kazakhstan and western parts of Europe. They agreed to better facilitate cargo transport by trains between China and Europe and foster a smooth and stable Eurasia railway passage.


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