MTI of the Republic of Kazakhstan amended the Rules for reimbursement of part of the costs to exporters

By Order of the Deputy Prime Minister - Minister of Trade and Integration of the Republic of Kazakhstan dated December 8, 2022 No. 470–NK, amendments were made to the Rules for Reimbursement of part of the costs of Subjects of Industrial and Innovative Activities for the promotion of domestic goods and services of the manufacturing industry, as well as information and communication services to foreign markets within the framework of international obligations.

More than 1,000 items, including flour, meat, salt and others, have been returned to the list of goods whose export costs are subject to reimbursement.

Additionally, amendments have been made aimed at optimizing the current regulatory document. In particular, the Rules specify the issue of exceptions for participation in the program for the reimbursement of export costs, clarify the wording on the conclusion of agreements and processes for the return of budget funds in case of non-fulfillment of counter obligations, as well as the wording on the validity period of documents confirming the status of a domestic producer. Adjustments have been made to the concept of inconsistency between the application and the documents attached to the application, as well as the period of consideration of the submitted materials. The document specifies the cases when it is necessary to conclude trilateral-quadrilateral agreements when considering applications from representatives (distributors, traders), a separate item on counter obligations of exporters has been added.

Amendments to the draft Rules were posted on the Open NPAs website from November 1 to November 15, 2022 for public discussion with the National Chamber of Entrepreneurs of the Republic of Kazakhstan and accredited associations of private entrepreneurs, the Public Council on Trade and Integration of the Republic of Kazakhstan and agreed with interested state bodies.

The changes will apply to applications from exporters sent for cost recovery in 2023.