Kazakhstan and Malaysia trade agreement implemented

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Prime Minister of Malaysia Najib Tun Razak met with the Kazakh President and Prime Minister in Astana to discuss bilateral trade agreements between their two countries.  Trade has been increasing between them, going from $30 million to $100 million between 2009 and 2010, and the countries hope that they will continue to grow after the implementation of five key trade stimulators.

The first is a Malaysian investment in training and implementing a successful Islamic bank in Kazakhstan.  Next, Kazakh and Malaysian companies will work together to breed cattle in Kazakhstan and use the halal-certified meat both domestically and internationally.  Malaysia will also invest in the oil and gas industry in Kazakhstan, along with electricity generation through independent power providers.  Finally, a Malaysian company will build a Malaysian-style hotel in the capital city of Kazakhstan to promote tourism and business.  All five methods will be implemented as soon as possible.

 

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Reading Time: 1 minute

Prime Minister of Malaysia Najib Tun Razak met with the Kazakh President and Prime Minister in Astana to discuss bilateral trade agreements between their two countries.  Trade has been increasing between them, going from $30 million to $100 million between 2009 and 2010, and the countries hope that they will continue to grow after the implementation of five key trade stimulators.

Reading Time: 1 minute

Prime Minister of Malaysia Najib Tun Razak met with the Kazakh President and Prime Minister in Astana to discuss bilateral trade agreements between their two countries.  Trade has been increasing between them, going from $30 million to $100 million between 2009 and 2010, and the countries hope that they will continue to grow after the implementation of five key trade stimulators.

The first is a Malaysian investment in training and implementing a successful Islamic bank in Kazakhstan.  Next, Kazakh and Malaysian companies will work together to breed cattle in Kazakhstan and use the halal-certified meat both domestically and internationally.  Malaysia will also invest in the oil and gas industry in Kazakhstan, along with electricity generation through independent power providers.  Finally, a Malaysian company will build a Malaysian-style hotel in the capital city of Kazakhstan to promote tourism and business.  All five methods will be implemented as soon as possible.

 

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