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Over 20 deals signed during Kazakh president’s visit to US

January 17, 7:51 UTC+3 MOSCOW

Kazakhstan purchased US goods and services worth $2.5 billion in total

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MOSCOW, January 17. /TASS/. More than 20 agreements on cooperation in investment, trade and economy were signed during Kazakh President Nursultan Nazarbayev’s visit to Washington, his press service said on Wednesday.

"Within the framework of the head of state’s official visit, more than 20 commercial documents about cooperation in investment, trade and economy were signed, with an aim to carry out projects in aviation and space research, petrochemical and agricultural sectors, as well as infrastructure development projects, worth about $7 billion in total," the press service said in a statement.

Three intergovernmental agreements were signed during the visit.

The US Department of State said that as a result of the president’s visit to Washington, Kazakhstan purchased US goods and services worth $2.5 billion in total. The sides also set to develop bilateral trade, which stood at $1.9 billion in 2016.

"During the visit, numerous commercial contracts and documents were concluded, including new agreements between The Boeing Company, GE Transportation, GE Digital, Chevron, Air Astana, KazTemirZholy, SCAT Airlines, and the Samruk-Kazyna National Wealth Fund for the purchase of US products and services valued at over $2.5 billion," the Department of State said.

According a fact sheet, released by the US Department of State and the Kazakh president’s press service, the country’s air carriers signed agreements with Boeing worth $1.3 billion.

"During their visit, the two leaders celebrated two separate deals between Boeing and Kazakh airlines totaling over $1.3 billion, sustaining an estimated 7,100 direct and indirect US jobs," the statement reads.

Specifically, Kazakh air carrier SCAT Airlines ordered six Boeing 737 MAX 8 airplanes. With the first aircraft scheduled for delivery in March 2018, these will be the first 737 MAXs owned and operated in Kazakhstan and Central Asia.

In addition, Kazakhstan’s flagship air carrier Air Astana affirmed its commitment, under the terms of an existing contract, to purchase three 787 Dreamliners, which are scheduled for delivery in 2021.

Nazarbayev’s official visit to the United States began on Tuesday and will last through Thursday. During his visit, the Kazakh leader is expected to visit New York, where he will chair a high-level UN Security Council debate on confidence-building measures in the non-proliferation of nuclear weapons on January 18.

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