Bakhyt Sultanov spoke at a briefing in the CCS

Today, on July 26, 2022, Deputy Prime Minister - Minister of Trade and Integration of the Republic of Kazakhstan Bakhyt Sultanov spoke at a briefing in the CCS.

The press conference was devoted to the pressing issues of the NWPT, ORC, trade markets and measures taken to curb prices for basic foodstuffs.

The Deputy Prime Minister dwelt in detail on the prospects for the development of its own sugar production.
- As Deputy Prime Minister, I joined this issue. And I will now deal, among other things, with the policy of stimulating and subsidizing the production of food products," B. Sultanov said. - Our goal is to increase the production of sugar from domestic raw materials, thereby reducing import dependence.
Also, as measures, he called the maximum provision of domestic sugar factories with raw materials from India and Brazil.

With the full-fledged development of the industry and with the growth of production volumes, the food belt will be provided, there will be no interruptions, the risks of shortage and increase in the cost of sugar will decrease. Given this, it is important to establish an effective supply chain of participants and create a modern trading infrastructure.

Bakhyt Sultanov spoke about the revision of approaches to the implementation of the model of the National Commodity Distribution System in connection with changes in financing conditions and the revision of the level of state obligations under the PPP agreement.

At the same time, he said that there are 9 ORCS operating in the country.

Today there is a problem of lack of interconnection with farmers, SECS and retail chains, - said Sultanov.
Therefore, the Ministry is working on the creation of a unified information system, to which private ORCS, wholesale markets, vegetable storages, retail chains, food producers and secs will be connected.
In addition, mechanisms have been developed for agricultural producers to enable modernization, construction of vegetable storages and storage of fruit and vegetable products.

The Deputy Prime Minister spoke about the results of the audit of 122 markets, which resulted in the measures included in the draft law on the implementation of certain instructions of the Head of State.
For example, an information system will be created that will ensure competitive and free access of domestic producers to retail space.

The Minister also spoke about the use of the "Analytical Trading Platform "Qdata" as part of the stabilization of prices for NWT.

The analytical platform provided government agencies with high-quality analytics, including through data on the dynamics and structure of imports/exports, infrastructure congestion, changes in prices for goods and services.

Today, thanks to this platform, the Government has a single source of information about the stocks of raw materials and goods, production and consumption volumes.
In turn, based on the available information, it is possible to quickly regulate the market, develop effective and correct solutions, and identify hidden market dependencies.