The Ministry of Trade told about the plans for the development of exports

The Ministry of Trade told about the plans for the development of exports

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

At the Board meeting, Vice-Minister of Trade and Integration Kairat Torebayev announced plans for the development and promotion of exports to the foreign market.

First. The Ministry will continue to provide support measures to export-oriented enterprises.

This year, it is planned to 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 mln 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.

Second. One of the tasks of the Ministry is to develop a subsidy rate of trade financing to foreign buyers of domestic processed goods and services to be provided under the new Law "On industrial policy".

Also in the plans of the Ministry of trade, the development of the draft law "On export-credit Agency of the Republic of Kazakhstan", which will allow you to exit regulation ADFM RK.

Third, it is planned to significantly expand the functionality of the export portal and create a Single Digital Window – Digital Export, by consolidating all state support measures for export-oriented enterprises.

The Ministry continues to develop the work on digitalization of state support measures on the basis of a Single Export Portal www.export.gov.kz.

At the moment, through this portal, exporters can submit applications for participation in the Export Acceleration Program, reimbursement of part of the costs, as well as for obtaining up-to-date export analytics.

In addition, since the imposition of emergency in the country on the basis of the Ministry began operations Crisis management centre for the support of exporters, in which a hotline via the telegram channel for operative decision exporters arising with the export of goods to foreign markets. To date, about 700 requests from exporters have been processed.

 

Press Service
Ministry of Trade and Integration of the Republic of Kazakhstan
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