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Kazakhstan, Pakistan Sign Investment, Defence and Diplomatic +29° / +14°C WEDNESDAY, SEPTEMBER 9, 2015 No 17 (83) www.astanatimes.com Nazarbayev’s State Visit to China Kazakhstan, IAEA Results in Deals Worth $23 Billion Sign Milestone Agreements for Country to Host LEU Bank procuring the LeU and the first By Michelle Witte decade of operational costs. The signing of the agreements ASTANA – Kazakhstan and marks the beginning of the LEU the International Atomic Energy bank’s practical implementation. Agency (IAEA) signed three The bank, which is expected to be agreements on Aug. 27 in Astana operational by the end of 2017, is that are expected to advance the to be housed in the Ulba Metallur- international effort to place a low- gical Plant in Ust-Kamenogorsk, enriched uranium (LEU) fuel bank which already stores 800 tonnes in the country. of uranium materials, according The Kazakh government and to Shkolnik, and has 60 years of the IAEA signed an agreement on experience in storing and handling placing the bank in Kazakhstan such materials. The LEU bank is and the Kazakh Ministry of Energy expected to eventually hold 90 and the IAEA signed an agreement tonnes of uranium hexafluoride, on the physical establishment of which will be stored as an option of the bank and a technical services last resort for countries with peace- agreement with the operator, ac- ful nuclear power programmes in cording to a Kazakh Ministry of the event of a disruption of their Foreign Affairs announcement. commercial fuel supplies. The agreements were signed in At the ceremony in Astana, a ceremony attended by Minister Nunn said that “locating the fuel of Foreign Affairs of Kazakhstan bank in Kazakhstan is a corner- Erlan Idrissov, Minister of Energy stone in developing a new and of Kazakhstan vladimir Shkolnik, improved approach to managing IAEA Director General Yukiya the risks associated with produc- Amano and CEO of the Nuclear ing fuel for civil nuclear power.” Threat Initiative (NTI) Sam Nunn. Later, addressing international The NTI is a major funder of the media after the signing, he said “I project, having offered to provide think it’s a real compliment to Ka- the initial $50 million to kickstart zakhstan; it’s a vote of confidence President of Kazakhstan Nursultan Nazarbayev (L) and President of China Xi Jinping in Beijing on Aug. 31. the initiative in 2006, a contribu- by the international community in tion made by its advisor, billion- Kazakhstan, in terms of locating By Altair Nurbekov and new stage of comprehensive stra- industry in the Mangystau Oblast capital’s selection as host of the aire Warren Buffet. The IAEA esti- the fuel bank here.” Malika Orazgaliyeva tegic cooperation and witnessed in West Kazakhstan. 2022 Winter Olympics. mates that the bank will cost $150 million, an amount that includes Continued on Page A3 BEIJING – Kazakh President the signing of 11 bilateral inter- Xi noted that the strategic part- “Beijing will become the first Nursultan Nazarbayev held bilater- governmental and commercial nership between Kazakhstan and city in the world to [have] hosted al meetings with Chinese President agreements. China has been continuously [both] the summer and winter Xi Jinping and representatives of The total cost of the 45 joint pro- growing and the joint declaration Olympic Games,” he noted. political and business circles dur- jects approved during his three-day is the outcome of many years of In turn, Xi welcomed Kazakh- ing an Aug. 30-Sept. 1 state visit stay could reach $23 billion, the fruitful cooperation. In addition, stan’s accession to the World Conference to Beijing. He also participated in Kazakh President told reporters the parties discussed issues of bi- Trade Organisation (WTO), not- a massive parade dedicated to the following the meetings. The larg- lateral cooperation in the trade, ing its importance for intensifying 70th anniversary of the Allied vic- est projects are dedicated to ex- economic, investment, financial, bilateral relations. The parties also tory in the Asia Pacific theatre dur- panding production at the Pavlodar cultural and humanitarian spheres. agreed to augment cooperation in on Constitution ing World War II held on Aug.3. Aluminium Plant and constructing Nazarbayev congratulated the green technologies in preparation On Aug. 31, Nazarbayev and Xi a factory to produce machinery Chinese people on the World War for EXPO 2017. signed the joint declaration on a and equipment for the petroleum II victory anniversary and the their Continued on Page A4 Held at Palace of Independence Kazakhstan, Pakistan Sign Investment, liament; the chairman and mem- By Aiman Turebekova bers of the Constitutional Council of Kazakhstan; delegations of in- ASTANA – The international ternational organisations including Defence and Diplomatic Training conference “Constitution: unity, the UN, the venice Commission stability and prosperity,” dedicated of the Council of Europe, the Or- to the 20th anniversary of the Con- ganisation for Security and Coop- stitution of Kazakhstan was held eration in Europe, the European Agreements during Sharif’s Visit at the Palace of Independence in Union, the Court of the Eurasian Astana on Aug. 28, the Akorda Economic Union, the German So- By Michelle Witte press service reported. ciety for International Cooperation President of Kazakhstan Nur- and the German Foundation for In- ASTANA – Kazakhstan and Pa- sultan Nazarbayev attended the ternational Legal Cooperation; the kistan signed memoranda of under- event and noted in his welcoming heads of constitutional agencies; standing on trade and investment, address that the Aug. 30, 1995, ref- representatives from the courts, defence and strategic studies and erendum on the constitution was prosecutors and human rights in- foreign services training during the conducted correctly. stitutions from 28 countries; and Aug. 25-26 official visit of Prime “If our approach to state-building foreign and domestic lawyers, po- Minister of Pakistan Nawaz Sharif, had inclined toward hasty, politi- litical scientists and experts. the Dawn news agency reports. cally abstract schemes, we definite- Participants analysed and evalu- “I am impressed by the scale ly would have suffered a failure. Of ated the legal achievements of of the socio-economic progress course, the price of failure would Kazakhstan and shared their expe- of Kazakhstan … We wish your be catastrophic. The experience rience of constitutional develop- country further progress and pros- of many newly independent coun- ment and legal reforms. perity. Our countries have great tries … is very sad. We know that “Kazakhstan today is a respect- potential to improve relations and the construction of a state is an ed and dignified country and offers mutually beneficial cooperation” extremely delicate, complicated, an example of the concrete imple- Sharif told President of Kazakh- time-consuming and sometimes mentation of all the provisions and stan Nursultan Nazarbayev at their painful process. Creating a new principles of the constitution. We first meeting of the visit, accord- country cannot be done based on a can consider that the state and the ing to a statement from the Akorda strict timetable and utopian plans. social system are effective, even presidential residence. Sharif and Sustainable stability goes together if there is room for further devel- Nazarbayev met in both small and with economic progress and wel- opment. Our basic law has all the extended formats. Sharif also met fare. As a result, without stability legal tools for the successful de- Prime Minister of Kazakhstan Ka- within the country, the chance of velopment and self-renewal of the rim Massimov and Foreign Minis- bringing some potentially success- nation. We have set a global target ter Erlan Idrissov during his visit. Prime Minister of Pakistan Nawaz Sharif (L) and President Nazarbayev meet in a narrow format in Astana. ful changes to the country would – by mid-century – to make Ka- “[Kazakhstan] will never forget be zero,” the President said. zakhstan one of the 30 most devel- that Pakistan was one of the first agenda, the centuries-old ties of use every opportunity to open a new speech welcoming Sharif during The conference was also attended oped countries in the world based countries to recognise the independ- friendship and cultural ties make page in our relations. I am confident their negotiations in an extended by Prime Minister of Kazakhstan on the Kazakhstan 2050 Strategy,” ence of our country. The similarity us close and brotherly countries. In that your visit will serve exactly this format, the Akorda reports. Karim Massimov; the chairman Nazarbayev said. of our positions on the international light of new realities, it is time to purpose,” Nazarbayev said in his Continued on Page A3 and members of Kazakhstan’s Par- Continued on Page A2 INSIDE NATION & EURASIA&WORLD ECONOMY & BUSINESS EDitoriaLS OPINIONS NatioN & SPORT Three Space Travellers, Including Kazakh National Bank Says Dedollarisation Allowing National Currency to Float Is ZHAMISHev: Deficit of Tenge Liquidity in U.S. Participation in EXPO 2017 Discussed Cosmonaut, Blast off from Baikonur Is Inevitable A4 Economically Sensible A6 Kazakhstan’s Market A7 during Commissioner’s visit, World Bank to Cosmodrome A2 EAEU Nations, China to Share Customs No Need to Sacrifice Health for Cheap IBATULLIN: Central Asia Must Unite to Participate B1 FM Idrissov Attends Third Pacific Islands Information A5 Products A6 Revive the Aral Sea A7 Kazakhstan Dominates ASBC Asian Development Forum Leaders’ Summit A3 Confederation Boxing Championships B7 US$ 1 = 243.10 KZT 1 Euro = 271.52 KZT 1 Rouble = 3.55 KZT A2 NATION WEDNESDAY, SEPTEMBER 9, 2015 NATIONAL Three Space Travellers, Including Kazakh Cosmonaut, NEWS IN BRIEF On Sept.1, all first-graders in Kazakhstan were given the book, “Kazakhstan, My Motherland,” Blast off from Baikonur Cosmodrome on behalf of President Nursultan Søren Kierkegaard. Mogensen cy congratulated ISS commander Nazarbayev, Kazinform reported. By Aiman Turebekova served in September as an aqua- Gennady Padalka on achieving a The illustrated book contains in- naut for NASA’s NEEMO 19 mis- world record for length of stay in formation about the state symbols ASTANA – A Russian Soyuz FG sion.
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