The two-day official visit of the President of
Kazakhstan, Noor Sultan Nazarbayev, to Pakistan along with a strong
delegation of officials and businessmen will go a long way in boosting
ties between the two countries especially in the economic field.
Besides signing 5 accords to boost economic and
banking ties, President Noor Sultan also inaugurated the meeting of the
Pak-Kazakh Business Forum which was attending by leading businessmen and
organization of the two countries. In his speech at the Business Forum,
Kazakh President Noor Sultan Nazarbayev noted growing economic
interaction between Pakistan and Kazakhstan and hoped bilateral trade
and commercial bonds would be further strengthened to their mutual
"For the last few years, revival and growth of
trade volume (between the two countries) have been observed, but it is
still extremely low", he told the Kazakh and Pakistani businessmen.
The President said the two countries have big un-exploited reserves to
significantly increase mutually beneficial trade and develop industrial
Nazarbayev, in this regard, mentioned the interest of
Pakistan government and private companies in the areas of construction
and reconstruction of food and processing installations in his country,
specially cotton fabric combines, sugar factories, flour-grinding
combines etc. Pakistan also desires to import great amount of pig iron,
super-phosphate fertilizers, cotton wool, raw leather and other
agriculture produce from Kazakhstan, he added. He, however, identified
high transport charges as the major hindrance to Pak-Kazakh growing
cooperation in economic fields. He hoped that the upcoming meeting of
ministers of transport of Kazakhstan, Kygyzstan, China and Pakistan in
Almaty will open constant auto-traffic through Karakorum Highway.
Earlier after his meeting with President Pervez
Musharraf, the two presidents in their joint press conference reiterated
their shared emphasis that a peaceful resolution of Kashmir dispute will
lead to stability and sustained economic progress of the region through
greater cooperation between all countries. President General Pervez
Mushrraf and President Noor Sultan Nazarbayev told the press after
overseeing inking of an investment treaty and other agreements that they
discussed peace and security issues and ways and means to bolster
bilateral cooperation for the mutual benefit of both the countries.
"We greatly value and appreciate very much the efforts of President
Musharraf for a peaceful solution of Kashmir issue. A peaceful solution
of Kashmir issue will benefit to all of us because that will lead to
major economic cooperation in this part of the world, Nazarbayev told
President Pervez Musharraf said during the meeting
the two leaders shared views on all major issues confronting the region.
" I briefed the Kazakh President on the efforts for resumption of
dialogue with India and our endeavors for settlement of Kashmir dispute
by peaceful means in accordance with the wishes of Kashmiri people. The
two leaders also reaffirmed the common view that peace and stability in
Afghanistan is imperative for the overall progress of cooperation
between Pakistan and Kazakhstan and other central Asian countries.
"We had complete identity of views on the situation in Afghanistan,
the evolving situation in Iraq and establishment of a Palestinian state,
Musharraf said adding that "The territorial integrity and
sovereignty of Iraq must be preserved along with its rights over its
natural resources, governance of Iraq is right of the Iraqi people and
it should be restored to them as soon as possible. "We support the
just struggle of our Palestinian brethren and their legitimate demand
for a homeland of their own".
President Musharraf said the two countries had a
comprehensive exchange of view on all issues of mutual interests.
"We discussed ways to augment the multi-faced relations which
encompassed all areas of mutual interest". The two sides agreed to
enhance relations in political spheres as well as economic cooperation.
The two countries, he said, decided to meet on regular basis to further
broaden and deepen their relationship." There is a firm resolve
between two countries to further deepen and strengthen the bilateral
economic relations." President Musharraf said he has accepted the
invitation extended by President Noor Sultan Nazarbayev to visit
Kazakhstan. The dates for the visit will be worked out between the two
Musharraf expressed the hope that interaction of
Kazakh businessmen with their Pakistani counterparts during the visit
will enhance bilateral trade relations corresponding with the existing
potential. He said the implementation of the agreements signed will
boost the bilateral relationship. He said the two ECO members will make
efforts for realization of the goal of economic cooperation between the
regional countries. The current visit of President Nazarbayev, he said,
has added strength to the relations between two countries.
The Kazakh President said the talks focused on
strengthening economic cooperation between the two countries.
Kazakhstan, he said, is capable of exporting to Pakistan energy
resources, metals, agricultural produce, food and milk products.
Pakistan, he said can export to Kazakhstan textile, medical equipment,
and domestic facilities. The two sides also, discussed the possibilities
of cooperation in the fields of defense and security issues and joint
ventures in oil and gas sectors.
President Musharraf told a questioner that the two
sides discussed the great linkage that geography provides for trade and
commercial activity bilaterally, between the two countries and also
internationally, by using the connectivity of Pakistan with the sea and
beyond. "We spoke of the communication infrastructure and the
facilitation of Pakistan through this communication infrastructure at
the port facilities for any exports and imports between the Central
Asian Republics and Kazakhstan into Pakistan and outside. The two
countries identified textiles; pharmaceuticals and surgical instruments,
leather goods and agriculture produce as areas for mutual trade and
In response to a question, Nazarbayev said he agreed
in principle to free trade between Kazakhstan and Pakistan and does not
see any political obstacle in the way as the two countries have no
political problem between them. It will be extremely good if a free
trade agreement is signed between the two countries. However, it can be
accomplished if the transportation network is to be developed within the
region through Afghanistan to Pakistan, he added.
The two countries, he said, expressed the agreement
that there should be air flight between them. He said it is encouraging
in the context of communication links that traffic will be opened on
Karakoram Highway as all the parties have agreed. He expressed the hope
that Islamabad will support Kazakhstan in its efforts to become a member
of the World Trade Organization (WTO).
In addition to the investment treaty, four agreement
were also signed by the two countries on development of academic
cooperation between the National University of Modern Languages and the
Oblai Khan University, cooperation in environment, the State Bank of
Pakistan and the National Bank of Kazakhstan on conditions for opening
subsidiary banks and banking supervision, and on urban economic