Kazakh President meets with Brazilian counterpart

The talks were held in narrow and extended formats. The presidents discussed the prospects of development of bilateral relations, opportunities of the Brazilian business participation in breakthrough projects and diversification of Kazakhstan?s economy. The parties exchanged opinions on the issues of international policy and expressed interest in deepening of bilateral cooperation in ensuring regional and global security, countering international terrorism, consolidating financial and economic stability. The volume of Kazakh-Brazilian trade turnover amounted to USD 274.4 million in 2008, including USD 26.5 million of export (products of chemical industry), USD 247.9 million of import (food and agricultural products, base metals, equipment). The index increased 1.9 times as compared to the year of 2007. Perspective directions are energy, metallurgy, engineering, agriculture, aviation and space research, tourism and sport. The Brazilian President makes return visit to Kazakhstan and the first ever visit to the Central Asian region.