Kazakhstan and South Korea discuss strategic partnership development

    President Nursultan Nazarbayev and his South Korean counterpart, Park Geun-hye have discussed
    the development of strategic partnership as well as the key aspects for cooperation between the two
    countries, the Kazakh presidential press service reported.
    The meeting took place during the G20 Summit in Saint-Petersburg (Russia).
    In particular, the parties involved discussed projects in trade, energy, investment, machine-building
    sectors and advanced technology.
    Nazarbayev and Park Geun-hye also discussed issues on the international agenda and the
    strengthening of regional security.
    They also spoke the implementation of the agreements reached during the visit on part of former
    South Korean President Lee Myung-bak to Kazakhstan.
    Nazarbayev noted Kazakhstan is cooperating closely with South Korea.
    "Today our countries are cooperating actively in the trade, economic and investment fields. The
    Korean company is involved in the construction of a thermal power plant in our country. We have
    implemented a number of joint projects in engineering and petrochemical spheres. Moreover, the
    intergovernmental commission on economic cooperation is working well and the investment
    portfolio amounted to about $8 billion as a result." he said.
    During the meeting Nazarbayev congratulated Park Geun-hye on election to the post of president
    and invited her to pay a visit to Kazakhstan, Trend wrote.