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Sheikh Khalifa reviews co-operation with Nazarbayev

posted on 09/10/2002: 2525 views


ASTANA - Kazakhstan President Nursultan Nazarbayev yesterday received H.H. Sheikh Khalifa bin Zayed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the Armed Forces, who is visiting Kazakhstan on the invitation of the Kazakh President. Sheikh Khalifa conveyed to Nazarbayev the greetings of H.H. Sheikh Zayed bin Sultan Al Nahyan and his best wishes for the Kazakh people for further development and prosperity. For his part, Nazarbayev lauded the excellent relations between his country and the UAE. He expressed his appreciation for Sheikh Zayed's nationalistic and humanitarian roles in supporting Muslim causes in various fields, thus giving the UAE a high status among the community of nations.



Nazarbayev said that the UAE and Kazakhstan had taken big strides in consolidating co-operation between the two countries in various fields, particularly the economic and commercial co-operation. He added that Sheikha Khalifa's visit would further strengthen the already flourishing ties and would give the two sides the opportunity to exchange views on ways of increasing joint investment and tourism. Sheikh Khalifa for his part expressed his delight over his visit to Kazakhstan which he said was in the framework of Sheikh Zayed's keen desire to extend bridges of co-operation to various Muslim and friendly countries.



Kazakhstan is rich with commercial minerals. In terms of chromium, vanadium, bismuth and fluorine reserves Kazakhstan knows no second in the world while in resources of iron, chromate, lead, zinc, tungsten, molybdenum, phosphorite, copper, potassium and cadmium the country holds one of the leading places. On the territory of the country they have discovered nearly 160 deposits of oil and gas. Their reserves - known to this day - are approximately equal to present day resources of the whole of the Western Europe. These oil and gas fields contain about 20,000,000,000 barrels of oil and 700,000,000 ton of gas condensate. Sum total of the cost there is estimated in the region of US$4 billion. The Tenghiz field only ranks as one of the largest deposits of the world. (The Emirates News Agency, WAM)

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