Export Acceleration

On February 8, the Board of the Ministry of Trade and Integration of the Republic of Kazakhstan was held online.

The Ministry will continue to provide support measures to export-oriented enterprises, - Vice-Minister of Trade and Integration Kairat Torebayev said At the Board meeting

According to him, this year, it is planned t.organize 10 trade and economic missions and 2 international exhibitions (Shanghai (China), Expo Dubai (UAE), as a result of which 80 export contracts worth 100 thousand US dollars are expected to be signed.

130 new exporters will be brought to foreign markets under the Export Acceleration program. In addition, 50 exporters will be brought to the international electronic platform Alibaba.

Also reported providing a framework of tools KazakhExport export trade financing in the amount of KZT 24,1 billion, and pre-export financing – 5 billion tenge, and for the provision of insurance support to exporters scheduled worth about 200 billion tenge.

Regarding the reimbursement of part of the costs for the promotion and transportation of products. Kairat Torebayev noted that in order to encourage domestic exporters to produce high-value-added goods, a package of amendments was adopted that provides for up to 80% of the cost recovery of high-value-added goods and a share of local content.

Also, in order to increase the export of non-primary products, the Ministry, together with business and industry departments, launched a project to accelerate the promotion of exports of goods and services with the greatest export potential.

The diagnostics revealed additional potential for 16 items of goods and services worth $ 17.3 billion by 2025.