World Bulletin/News Desk
Kazakh President Nursultan Nazarbayev addressed on Friday a Turkish-Kazakh Trade and Business Forum in Istanbul.
Nazarbayev said the trade volume between Turkey and his country stood at 4 billion USD which he said "does not fit with our close relations and brotherhood."
Nazarbayev said big Turkish companies have yet to make investments in Kazakhstan, adding they the Kazakh government was ready to provide 50 percent of the capital needed launch projects in his country.
"Economy is the foundation of all relations. If there is economy, there is politics and there is cooperation," Nazarbayev said.
Turkish President Abdullah Gul and his Kazakh counterpart Nursultan Nazarbayev on Friday also attended a flag hoisting ceremony at the Turkic Council building in Istanbul.
Speaking at the meeting, Gul said Turkey, Kazakhstan, Azerbaijan and Kyrgyzstan had signed the agreement which founded the Turkic Council in 2009, adding that the council members are determined to show solidarity on the basis of respect and equality.
On Friday's ceremony, members of the Turkish Council were hoisted at the council's General Secretariat headquarters in Istanbul.
Turkish lira dips to 3.1270 versus US dollar at 0830 GMT
Turkish Interior Ministry announces suspensions amid FETO probe
Turkish Culture Minister Nabi Avci inaugurates exhibition, which will run until Nov. 10
Democratic presidential hopeful Clinton has received as much as $4M in contributions from FETO
Turkish justice minister says it's U.S.' turn to process with Turkey's extradition request, done within U.S. standards
Defense Minister Fikri Isik says 'For us, there is no need for NATO to keep forces in the Aegean anymore'
'No elected municipality board can have the right to support extremist groups,' says Numan Kurtulmus
Turkish president also provides further details on Operation Euphrates Shield
Security forces also seize RPGs, rifles, grenades, ammunition belonging to extremist group
Extremists detonate improvised explosive device in Bingol province, security source says
Turkey’s justice minister says Ankara wants US courts to process evidence submitted on terror leader
Mevlut Cavusoglu rules out PKK/YPG extremist groups' involvement in retaking Raqqa from ISIL
Istanbul chief public prosecutor's office issues orders to arrest 123 suspects