Moldova and Kazakhstan intend to sign a commercial-economic cooperation agreement. The Government of Moldova has given the go-ahead to start negotiations on the accord. The document is to be signed this October, within the fifth meeting of the Moldovan-Kazakh intergovernmental commission for commercial-economic cooperation, IPN reports.
The cooperation between the two states will cover investment projects, creation of joint companies and financial-industrial groups, the supply of industrial products and goods from the petrochemical industry. An important aspect is the joint participation in the creation and utilization of the transport infrastructure and goods storage terminals. The sides will also cooperate in the agro-industrial sector, tourism, science and technology.
The agreement will be valid for a period of five years and will be extended automatically for another five years if none of the sides asks for its termination.