Exporters were reimbursed for 4.1 billion tenge

For ten months of 2022, JSC «QazTrade» approved 264 applications from exporting companies for a total amount of 4.1 billion tenge. The costs of exporting finished products were reimbursed to 162 small and medium-sized businesses.

Among the applications considered, the largest number are applications related to the cost of delivering goods – 238 applications for 3.9 billion tenge and promotion of Kazakhstani products - 26 applications for 0.2 billion tenge.

In the context of industries, the advantage remains with the enterprises of the agro-industrial complex and the food industry, they approved 148 applications for 2.1 billion tenge. Of these, 77 applications totaling 1.5 billion tenge were approved for reimbursement to flour exporters. This is about 40% of the volume of all funds allocated for reimbursement of export costs in 2022.

In addition, applications have been approved to companies exporting other non-metallic mineral products, electrical equipment, as well as those specializing in supplies in the field of metallurgical production, plant and animal husbandry, production of chemical products, finished metal products, computers, electronic and optical equipment and others.

According to Nuraly Bukeikhanov, General Director of «QazTrade» JSC, 587 more applications are currently under consideration.

«The service for the examination of applications from exporting companies is not fully automated, it is carried out by our specialists individually. Since the number of documents for individual applications can reach up to a thousand, the period for their consideration increases for objective reasons. 587 applications submitted in 2022 are currently in the works, all of them will be considered. The remaining 4.7 billion tenge intended for the payment of refunds to exporters will be fully utilized», -he assured.

At the same time, JSC «QazTrade» together with the Ministry of Trade and Integration of the Republic of Kazakhstan takes all necessary measures to optimize the process of accepting applications from entrepreneurs.

«We have prepared a description and special requirements for converting the service to digital format, and now we are working on appropriate solutions», - Nuraly Bokeikhanov said.

According to the law, Kazakhstani enterprises are entitled to reimbursement of part of the costs associated with the export of non-primary goods for export. This, in particular, includes the costs of exporters for product promotion, maintenance of branches, retail space, warehouse and retail shelves abroad, registration of trademarks outside our country, the costs of passing foreign certification and accreditation of subjects of industrial and innovative activity, delivery of goods and payment for transportation by road, rail, air, sea transport and some others.

This year, applications for reimbursement of part of the costs of exporting processed goods were accepted from March 24 to April 24.

Reference: JSC "Center for the Development of Trade Policy «QazTrade» - provides measures of state support to small and medium-sized businesses to reimburse part of the costs of exporting processed goods, selling Kazakhstan's non-primary products, contributes to increasing the export potential of Kazakhstan. The sole shareholder of JSC «QazTrade» is the Ministry of Trade and Integration of the Republic of Kazakhstan.