Rustam Minnikhanov: “Goods turnover between Tatarstan and Kazakhstan may be increased in 3 times till 2011”

23 September 2008, Tuesday
For the present moment goods turnover between Tatarstan and Kazakhstan is $ 700 million. Rustam Minnikhanov considers that this figure may be increased at the expense of petrochemistry and oil refinery.

Head of RT Government emphasized the construction of new international transport corridor Western Europe- Kazakhstan-Western China. He underlined that the main transport corridors are overloaded, logistic expenses influence on attractiveness of produced goods. It may have a bad effect on intertrade development and economic growth of both countries.

The conception of project decision regarding this problem in Russia was developed in 2004. According to it the new transport corridor may reduce the period and net cost of goods delivery in 3 times.

RT Prime Minister said that according to protocol that was signed between Ministry of transport of Russia and Kazakhstan, the project was started in republic. Kazakhstan Prime Minister informed that their part of transport corridor will be finished till 2012.

Moreover, one of the joint projects between 2 countries - the production of KAMAZ automobiles is being successfully realized in Kazakhstan.
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