QazTrade launches new acceptance of applications for reimbursement of exporters costs
From April 21, 2023, the acceptance of applications from domestic export-oriented companies for reimbursement of part of the costs will start. Over the past two years alone, the operator of state measures to support non-commodity exporters, QazTrade, has reimbursed the costs of over 300 companies in the amount of about 15 billion tenge.
As the Vice-Minister of Trade and Integration of the Republic of Kazakhstan Kairat Torebayev noted, this tool of state support is in great demand among Kazakhstani enterprises promoting their goods and services to foreign markets.
Applications will be accepted at 09.00 on April 21 and will last until 17.00 on July 21 this year.
«This year, taking into account the numerous wishes of exporting companies, we have increased the application period from one to three months. The Ministry of Trade and Integration together with QazTrade carried out work on the automation of applications. The changes are aimed at speeding up the processing of documents, transparency of expertise. Business representatives were involved in testing the new system. We have tried to make the process as focused as possible on recipients of state support», - Kairat Torebayev stressed.
The expenses to be reimbursed include the expenses 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, by sea and some others.
The biggest demand among domestic exporters is the delivery of goods by rail.
In the context of industries, traditional activity in 2022 was shown by food producers. Most of them are represented by enterprises producing butter, flour, bakery, flour confectionery, pasta, drinking water and beverages, fish processing companies and others. In total, 229 applications for a total amount of 3.7 billion tenge were approved by the exporting companies of the agricultural sector last year.
In 2022, compared to 2021, there was an increase in the volume of refunds for all types of applications. Payments on applications from manufacturers of paper and paper products have increased significantly – 5.5 times, chemical industry products – 4.7 times, fish farming enterprises – 4.5 times, textile manufacturers -3.8 times.
In 2022, the largest number of approved applications fell on exporters from Kostanay region, Almaty, Almaty, Karaganda, Pavlodar regions and Shymkent.
Basically, the enterprises sent finished products to nearby countries. Of these, 17.8% of Kazakhstan's goods were exported to Uzbekistan, Russia accounted for 16.1% of exports, followed by Afghanistan, Tajikistan and Kyrgyzstan. In addition to these five, domestic companies sent products to European countries, as well as to the UAE, Canada, the USA and other foreign countries.
According to Nurala Bukeikhanov, General Director of QazTrade, applications remaining from 2022 will be considered first of all this year. This is about 300 applications worth 7 billion tenge.
In total, 8.85 billion tenge was allocated for cost recovery to exporting companies in 2022.
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, sales of Kazakhstan's non-raw materials, contributes to increasing the export potential of Kazakhstan. The sole shareholder of «QazTrade» is the Ministry of Trade and Integration of the Republic of Kazakhstan.
Applications are accepted through the web portal https://export.gov.kz