Kzakh President Nursultan Nazarbayev began a two-day visit to the United Arab Emirates on January 15.
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces sat at the signing of the agreements with Nazarbayev.
The two countries agreed to assign land for diplomatic missions, adjust a deal om mutual visa exemptions and establish a consular commission.
They also signed memorandums on tourism and international transportations, religious affairs and Expo 2020.
During a meeting between UAE and Kazagh, Sr Sultan Al Jaber, Minister of State, said the UAE is looking forward to promoting cooperation with Kazakhstan in trade, investment, energy, mining, agriculture, logistics, infrastructure and food security.
There are about 200 Emirati companies operating in Kazakhstan, with UAE investments in the country estimated to have reached $2 billion, from 2005 to early 2016. Non-oil trade between the countries was $185 million in 2015.
Trade between the two countries was about $275 million from January to October 2016, which was 3.4 times more than the same period from the previous year.
The increase was largely because of higher exportation of Kazakh’s agricultural products.
UAE airlines operate 15 weekly passenger flights and two weekly cargo flights to and from Kazakhstan.
Nazarbayev is due to attend the world Future Energy summit in Abu Dhabi on January 16.
Kazakhstan aims to promote more favorable investment climate by improving the country’s tourism and travel capabilities. According to the Kazakh Foreign Ministry, the non-requirement of Visas for international tourists would “open up additional opportunities” for Kazakhstan’s business community and “facilitate international contacts in different spheres.”
Countries part of the European Union, the Organization for the Economic Co-operation and Development (OECD) and other states in Central and Southern Asia could travel to Kazakhstan without a need for Visas to improve its tourism economies since January 1 this year. Aside from Western countries, travelers from the UAE, Malaysia and Singapore could stay up to 30 days in the country without a visa.