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. Last Updated: 07/27/2016

Oil, Atoms and High-Tech Dominate Kazakhstan Talks

Oil, nuclear and high-tech industries dominated talks between Prime Minister Mikhail Fradkov and Kazakh leaders in Astana, the government said in a statement Friday.

"Our talks have been highly constructive and were actively engaged in by both parties," Fradkov told a news conference after a meeting with Kazakh President Nursultan Nazarbayev and Prime Minister Karim Masimov. "In this relatively short amount of time we managed to discuss topics over a wide range of important issues."

The trade and economic turnover between the countries increased 30 percent in 2006 to $13 billion, he said.

Fradkov also said the two countries were actively cooperating in space and military programs and were planning jointly to establish chemical and petrochemical enterprises, the government said.

The delegation to the Kazakh capital included the head of the Federal Atomic Energy Agency, Sergei Kiriyenko, who told reporters that the two countries were negotiating on the possibility of building a nuclear power plant near the Caspian port of Aktau, although he did not offer a timeframe, Interfax reported.

Kazakhstan is seeking to increase the amount of crude pumped via the Atyrau-Samara pipleline up to 25 million tons per year from the current 15 million tons, a goal supported by Russia.

The talks with Nazarbayev also focused on issues of integration and common economic space.

The joint Russian-Kazakh Eurasian Development Bank has started financing of the Zarechnoye uranium mine, he added. In December, Russia and Kazakhstan, the biggest uranium producers in the former Soviet Union, opened the Zarechnoye mine in southern Kazakhstan. Both nations have a 45 percent stake in the venture, in which Russia shares technical expertise with Kazakhstan in exchange for uranium needed to cover a domestic deficit.