Economic growth is possible due to modernization of industry, innovations and production of high-value added products, President of Ukraine Viktor Yanukovych said during the meeting with Kazakh President Nursultan Nazarbayev in Astana, the President’s press office informs.

"We are well aware that economic growth may be such, when all possibilities are used, when there are innovations, when there is modernization of industry, promotion of high-value added products," Yanukovych said.

The Head of State stressed that the country's economic modernization is very important under conditions of highly competitive global markets.

During the meeting, the parties discussed issues of cooperation between Ukraine and Kazakhstan.

As Nazarbayev pointed out, bilateral relations develop normally, and trade turnover between the countries grows.

The Kazakh President added that the two countries are set to remain in close contact.

In turn, Yanukovych thanked Nazarbayev for the opportunity to meet with colleagues and negotiate in a wide format.


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