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France Kazakhstan trade deal


France Kazakhstan trade deal


Kazakhstan’s government has signed two billion euros worth of deals with French companies during a visit to Paris by the country President Nursultan Nazarbaïev.

It is part of the central Asian country’s push to modernise and attract foreign investment.

Aerospace group EADS has agreed a joint venture to assemble helicopters in Kazakhstan, 45 of which will then be bought by the government.

Engineering group Alstom will sell nearly 300 trains to Kazakhstan as part of an 800 million euro deal which also involves Russian Railway equipment maker Transmashholding.

And energy firm Areva is to build a nuclear materials assembly plant in Kazakhstan.

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