Over 20 deals signed during Kazakh president’s visit to US

More than 20 agreements on cooperation in investment, trade and economy were signed during Kazakh President Nursultan Nazarbayev’s visit to Washington, his press service said on Wednesday.

"Within the framework of the head of state’s official visit, more than 20 commercial documents about cooperation in investment, trade and economy were signed, with an aim to carry out projects in aviation and space research, petrochemical and agricultural sectors, as well as infrastructure development projects, worth about $7 billion in total," the press service said in a statement.

Three intergovernmental agreements were signed during the visit.

The US Department of State said that as a result of the president’s visit to Washington, Kazakhstan purchased US goods and services worth $2.5 billion in total. The sides also set to develop bilateral trade, which stood at $1.9 billion in 2016.

"During the visit, numerous commercial contracts and documents were concluded, including new agreements between The Boeing Company, GE Transportation, GE Digital, Chevron, Air Astana, KazTemirZholy, SCAT Airlines, and the Samruk-Kazyna National Wealth Fund for the purchase of US products and services valued at over $2.5 billion," the Department of State said.