22 November 2007
Kazakhstan’s President Nursultan Nazarbayev Pays State Visit to Romania

This morning in Bucharest, after official welcome ceremony held in the Cotroceni Palace, Nursultan Nazarbayev and Traian Basescu had narrowed and enlarged negotiations.

During the meeting, the Heads of State discussed a variety of issues of bilateral cooperation. The sides stated that there are no political contradictions or economic disputes between Kazakhstan and Romania, and expressed their intention to develop and strengthen bilateral trade economic and cultural humanitarian ties, and also the close interaction between the two countries in the UN, OSCE and other international organizations.

During the negotiations, President Nursultan Nazarbayev very high appreciated mutual understanding between our countries, particularly, Romania’s support of Kazakhstan’s candidacy to chair the OSCE in 2009.

Development of relationships with Romania is one of the priorities of Kazakhstan’s foreign policy in relation to Europe. This is grounded by not only political reasons, but also by Kazakhstan’s economic interests. A major cooperation area is in oil and gas industry. This summer, the KazMunaiGas national company bought 75 percents of stocks of Rompetrol Group TRG and became the owner of 630 petrol stations in 6 European countries and of two refinery plants situated in Romania.

The President said that the Kazakhstani side is currently implementing another large project. It is building 400 thousand square meters of housing in Romania.

Kazakhstan is interested to participate in the project of the Constanta-Trieste pipeline, which could be an alternative route for transporting oil from Kazakhstan to European consumer markets.

The sides discussed prospects of cooperation in transit transportation area, particularly, the opening of a direct air link, and also cooperation in the framework of the TRASECA project. This project is aimed at transporting loads from Central Asia to Balkans via Caucasus and further to Europe.

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