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Kazakhstan, Britain sign joint declaration on strategic partnership

(Xinhua)

08:09, July 02, 2013

ASTANA, July 1 (Xinhua) -- Visiting British Prime Minister David Cameron on Monday signed a joint declaration on strategic partnership with Kazahstan during his visit to the Central Asian country, underscoring the importance of the growing ties between two countries. Cameron arrived in Kazakhstan on Sunday for a two-day state visit. His entourage included heads of more than 30 companies representing mining, oil and gas, machinery, financial, construction and aerospace industries. During his visit, deals worth of 1 billion U.S. dollars were also inked. Cameron said Britain and Kazakhstan would continue to develop and expand mutual investments into sectors including healthcare, education, real estate and financial services. Both countries would also boost bilateral trade.

Kazakhstan now has 600 UK-invested businesses and Britain is now ranked the third by foreign direct investment after the United States and the Netherlands, said Kazakh President Nursultan Nazarbayev, who stressed that they were to increase the dialogue with the United Kingdom in fields of raw materials in exchange for investments and advanced technologies.

He and Cameron on Sunday also held talks on prospects of cooperation in the fields of transport and space projects.

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