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The President of the Republic of Kazakhstan Mr. Nursultan Nazarbayev is
arriving Islamabad on a two-day official visit to Pakistan on December 8,
2003.
During this visit a bilateral Investment Treaty will be signed between the two
Governments. The Federal Minister for Privatisation & Investment Dr. Abdul
Hafeez Shaikh will sign on behalf of the Government of Pakistan, while the
Kazakh Minister for Trade & Industry Mr. Abllbek Jaxybekov will sign on behalf
of his country. The visiting distinguished guest, the Kazakh President Mr.
Nursultan Nazarbayev will also attend a Business Forum on 9th of December to
which he is bringing 30 top businessmen from Kazakhstan. Dr. Abdul Hafeez
Shaikh will host this function on December 9,2003. The Forum will also launch
President Mr. Nursultan Nazarbayev's book "Epicenter of Peace".
Four other agreements will also be signed on development of academic
cooperation between National University of Modern Languages and the Oblai Khan
University, cooperation in the sphere of environment, agreement between the
State Bank of Pakistan and the National Bank of Kazakhstan on conditions for
opening subsidiary Banks and cooperation in the area of Banking Supervision
and on the establishment of bilateral relations in the field of urban economic
management. The agreements will be signed in the presence of the President
General Pervez Musharraf and the President Nursultan Nazarbayev.
The Kazakh delegation includes the Kazakh Ministers for Foreign Affairs Mr.
Kassymzhomart Tokaev, Education & Science Mr. Zhaksybek Kulekeyev, Trade &
Industry Mr. Abllbek Jaxybekov, Chairman National Bank of Kazakhistan, Mayor
of Astama, Capital of Kazakhstan and thirty businessmen.
Pakistan and Kazakhstan have set up Joint Ministerial/ Economic Commission,
which first met in January 1993. So far four meetings of JMC had taken place
since its inception. A quadripartite Agreement on Traffic in transit between
Pakistan, Kazakhstan, Kyrgyzstan and China was signed in Islamabad on November
24, 1998. The implementation rules of this agreement were finalized and signed
at a ministerial level meeting of signatory countries on November24, 1998.