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Kazakhstan plans to set up dozens of joint ventures with China — president

The deals were signed during Nursultan Nazarbayev's visit to China
Kazakhstan’s President Nursultan Nazarbayev  Yekaterina Shtukina/Russian government's press service/TASS
Kazakhstan’s President Nursultan Nazarbayev
© Yekaterina Shtukina/Russian government's press service/TASS

ASTANA, September 17. /TASS/. Kazakhstan and China have reached accords on setting up dozens of joint ventures and implementation of projects with a total worth of $23 billion, Kazakhstan's President Nursultan Nazarbayev said during Thursday’s meeting with heads of the country’s oil and gas producing companies.

"During the visit to China, we signed agreements worth $23 billion with China. It is planned to create dozens of joint ventures that will be set up under several terms," the presidential press service quoted him as saying.