(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 15. Kazakhstan wants
to sign an agreement on trade and economic cooperation with
Azerbaijan, Trend reports citing KazTag.
'To approve the attached draft agreement between the government
of the Republic of Kazakhstan and the government of the Republic of
Azerbaijan on trade and economic cooperation,' the draft resolution
of the government of Kazakhstan said.
It follows from the draft agreement that 'each of the parties,
on the territory of its state and in accordance with the
legislation of its state, creates favorable conditions for
cooperating economic entities and refrains from actions that could
harm the interests of the other side.' In addition, the parties
'contribute to the establishment of direct contacts between
business entities, regardless of the legal form and form of
'The agreement between the government of the Republic of
Kazakhstan and the government of the Republic of Azerbaijan on
trade and economic cooperation is a framework document that lays
the foundations for cooperation in such areas as: trade,
investment, entrepreneurship, protection of the balance of
payments, and is concluded in order to further develop and
strengthen existing bilateral trade and economic relations between
the parties', stated in the explanatory note to the document.
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