KazTransOil plans to transit 25,000 tons of Russian oil to Uzbekistan in March
Images | Depositphotos
In accordance with the oil supply schedule approved by the Ministry of Energy of the Republic of Kazakhstan, in March KazTransOil JSC plans to transport 25,000 tons of Russian oil through the territory of the Republic of Kazakhstan to the Republic of Uzbekistan along the route Omsk - Pavlodar - Shymkent - oil loading rack Shagyr (loading at railway tanks).
In 2023, the expected volume of Russian oil transit to the Republic of Uzbekistan through the system of main oil pipelines of KazTransOil JSC will make 250, 000 tons, Kazinform quotes the company’s press service.
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Kazakhstan companies can increase manufacturing production by another $46 billion
Images | primeminister.kz
The Prime Minister of Kazakhstan Alikhan Smailov continued a series of meetings with representatives of medium-sized businesses to discuss topical issues and measures of state support. The meeting on May 26 was attended by entrepreneurs from Akmola, Kostanay, Pavlodar and North Kazakhstan regions, primeminister.kz reports.
Deputy Minister of Industry and Infrastructural Development Ilyas Ospanov said that there is a possibility to increase the production in the manufacturing industry by $46 billion through domestic reserves, while Kazakhstan has the potential to additionally supply the macro-regional market with products worth almost $300 billion.
Among the main areas where there is an opportunity to develop domestic production: oil and gas engineering, production of construction materials, food and fertilizers, steel products, goods of aluminum and copper industries, processing of iron ore, cotton fiber, wool, leather, etc.
As a direct measure of state stimulus, this year it is planned to finance manufacturing projects worth over 500 billion tenge, including through the Industrial Development Fund and the Development Bank of Kazakhstan.
Yerbol Karashukeyev, Minister of Agriculture, noted that at present the agro-industrial complex of the country has a positive development dynamics. In this case the state continues to work on expanding access to finance and opening up new markets for manufactured products.
So, in part of the reform of subsidies, taking into account the proposals of the business community, a compromise version was developed, which provides for pinpoint changes aimed at reducing corruption risks, but with the preservation of the main contours of the current system.
Besides, in order to increase the availability of subsidies to agricultural producers, "waiting lists" have been launched within the implementation of the Unified Information System, which guarantee the satisfaction of submitted applications on a first-come, first-served basis. In general, at least 425 billion tenge will be allocated for subsidizing agriculture this year.
Through Agrarian Credit Corporation JSC 140 billion tenge is allocated for spring field and harvest works this year, of which 70 billion are medium-term and will be returned next year until April.
With regard to crediting, the forward purchase programme will be continued via NC Prodkorporatsiya for more than 71 billion tenge and 20 billion tenge is allocated to increase the authorised capital of JSC KazAgroFinance for the purchase of agricultural and fodder harvesting equipment. However, in all regions will start implementation of the program of crediting investment projects of agro-industrial complex by experience of North-Kazakhstan region. This year it will allocate 100 billion tenge for construction of 65 dairy farms. It is planned to give credits at 2.5 per cent up to 10 years with the maximum sum of 5 billion tenge.
In terms of expanding markets for domestic livestock products, work is underway to include Kazakhstan enterprises in foreign exporters' registers. Today 3 282 enterprises have the right to supply their products abroad.
With regard to plant products, over the past two years, 901 Kazakhstan enterprises were included in the register of the General Administration of Customs of China.
The participants of the meeting discussed the issues of preferential financing, providing stability of subsidies, modernization and automation of production, connection to engineering infrastructure, availability of land resources, development of small industrial zones, increase of localization, export support, fight against unfair competition and a number of other issues.
Speakers included heads of companies Enbek, Greenhouse Technologies of Kazakhstan, CHN, Turkey PVL, Raduga, Asyl Farms, Adal Agro, Asyl Farms, TEHNOPARK KZ, and others.
The heads of the central state and local executive bodies gave detailed comments on the topics raised. In particular, during the meeting the ways to solve several problematic issues were identified, for the rest the Prime Minister instructed the authorized agencies to carry out the appropriate study.
Alikhan Smailov stressed that the government will actively support initiatives of medium-sized businesses to create and expand new production facilities. Among main priorities here are localization, introduction of new technologies, digital transformation of enterprises, creation of competitive products of middle and upper redistribution, development of modern infrastructure.
For this purpose support is provided at all stages of the life cycle of production - from raw material base to promotion of finished products in domestic and foreign markets", - Prime Minister said.
He added that this year 170 projects worth more than 1 trillion tenge are planned for industrialization and 300 projects worth 540 billion tenge for agro-industrial complex. In parallel, the list of tax and customs preferences, including for exporters of finished products. At the local level support is provided on the allocation of land, infrastructure and other issues within the competence of the Akimats.
Alikhan Smailov pointed out that an important direction is increasing the efficiency of state support measures.
Businesses that receive state support should expand their production and ensure growth in the output of non-resource products. The priority should be given to the saturation of the domestic market. We must get the greatest economic effect from each project, which will contribute to the further diversification of the economy and the creation of permanent jobs," he said.
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Kazakhstan may increase exports of processed products to Kyrgyzstan by $100 million
Images | Ministry of Trade and Integration
The Ministry of Trade and Integration together with QazTrade is conducting a trade mission of Kazakhstani companies in Bishkek. As Vice Minister of Trade and Integration of Kazakhstan Kairat Torebayev said today at the opening of the Kazakh-Kyrgyz business forum, our country can increase exports of processed products to Kyrgyzstan by $ 100 million, press service of the Ministry of Trade and Integration reports.
We estimate the potential for increasing exports of Kazakh processed products to Kyrgyzstan in excess of $ 100 million. These are mainly products of the food, chemical, machine-building, pharmaceutical, metallurgical industries", - the Vice Minister of Trade and Integration of the Republic of Kazakhstan noted.
Kazakhstan is one of the three main trading partners of Kyrgyzstan. The trade turnover between our countries in 2022 amounted to $ 1.1 billion.
According to the Plenipotentiary Ambassador of the Republic of Kazakhstan to the Kyrgyz Republic Rapil Zhoshybayev, the next task for business is to bring the volume of trade to $ 2 billion. In addition, he outlined the main joint projects on which active work is underway. In particular, Rapil Zhoshybayev said that our countries are at the final stage of signing an agreement on four boarding houses located in the Issyk-Kul region.
Right now, investors are being invited to participate in projects to expand infrastructure and build new facilities", - Rapil Zhoshybayev said.
In turn, Deputy Minister of Economy and Commerce of the Kyrgyz Republic Kanat Abdrakhmanov listed priority areas for development: these are energy, tourism, agriculture, subsoil use and light industry. In addition to the traditional sectors of the economy, according to the representative of the Government of Kyrgyzstan, a serious impetus will be given to the creative industry, which will become a promising niche for business.
The creative industry is a new sector of the economy, and we consider it one of the beneficiaries of growth in the coming years. To develop this new direction, the concept of creative economy for 2022-2026 has been approved in Kyrgyzstan", - Kanat Abdrakhmanov shared at the business forum.
Within the framework of the trade mission, negotiations were held between Kazakhstani manufacturers and potential partners, which were held in the B2B format. As a result of the meetings, Kazakh businessmen signed export contracts for the supply of domestic goods to Kyrgyzstan for $ 35.2 million. The companies agreed on the supply of metal structures, diesel generators, food (confectionery, chicken eggs and egg powder, noodles, jams, apple juice, honey), as well as the provision of consulting services.
The business forum was attended by more than 100 enterprises of the two countries, as well as representatives of national companies and government agencies.
Reference:
By the end of 2022, the volume of exports from Kazakhstan to Kyrgyzstan increased by 10.5% and amounted to $ 745.3 million. Kazakhstan exports to Kyrgyzstan mainly parts and accessories for cars and tractors, electricity, tobacco products, coal, mineral and carbonated waters, passenger cars, flat rolled non-alloy steel clad.
The basis of Kyrgyz imports are ores and concentrates of precious metals, other hot-rolled unalloyed steel rods, polished glass, plastic containers.
Imports to Kazakhstan from Kyrgyzstan in 2022 increased by 1.8% and amounted to 382.4 million dollars.
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KZT240bln to be spent on Balkhash town's development
Images | el.kz
Karaganda region’s authorities plan to create a tourist cluster in the town of Balkhash, Kazinform reports.
According to Governor of Karaganda region Yermaganbet Bulekpayev, 240 billion tenge are envisaged for Balkhash town’s development.
Our goal is to create a tourist cluster in Balkhash. The draft comprehensive plan has been submitted for approval", - he added.
He noted that the region has the biggest number of single-industry towns. Following the example of Saran town, other single-industry towns including Balkhash will be developed too.
As per the President’s instruction, we are working today on building infrastructure for new enterprises. More than 3,000 permanent jobs will be created. The case of Saran town will be applied in regards to other single-industry towns, with the consideration of their peculiarities," the Governor added.
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Kazakhstan exports processed goods to 106 countries around the world
Images | Ministry of Trade and Integration
Vice-Minister of Trade and Integration Kairat Torebayev spoke about measures to develop non-primary exports in Kazakhstan at the Central Communications Service, press service of the Ministry of Trade and Integration reports.
Last year, we reached a record level of exports of processed products at $26.5 billion. This trend has continued this year", - the Vice Minister said.
In the first quarter of 2023, the total volume of foreign trade in processed products increased by 32% compared to the previous indicator of the same period last year and amounted to $ 18.8 billion. Exports of non-primary goods for the same period amounted to 5.9 billion US dollars, showing an increase of 7.6%.
A significant increase in export deliveries was shown by a number of product names. Thus, sales of flour abroad last year increased by 70.8%, petroleum products - by 52.2%, passenger cars - by 46%, sunflower oil - by 19.9%, and fertilizer exports increased 2.8 times.
In three months of 2023, Kazakhstan sent finished export products to 106 countries of the world, while the list of importing countries expanded compared to the same period of the previous year. The new markets for Kazakhstan's exports are the Syrian Arab Republic, Senegal, North Macedonia, Somalia, Guinea, Cyprus.
The main buyers of processed products from Kazakhstan are traditionally Russia, China, Uzbekistan, Turkey, the Netherlands, Great Britain, Japan, Kyrgyzstan, Georgia and Afghanistan.
According to the results of last year, there are 650 active exporters of non-primary products in the country, which have been exporting for at least three years. Of these, 463 enterprises took advantage of non-financial measures of state support. These are export acceleration programs, launching on marketplaces, participation in trade missions and reimbursement of part of the export costs.
Each measure shows the result in the form of a return on the invested budget money. So, according to the acceleration program, the refund for one budget tenge amounted to 158 tenge, for withdrawal to marketplaces - 213 tenge, for service support measures - 652 tenge", - the Vice Minister of Trade and Integration cited such data at a briefing in the CCS.
Last year, thanks to the Accelerator's support, 38 export contracts worth about 260 million US dollars were concluded. As of today, 2 contracts have already been signed for the supply of products to Uzbekistan for $19 million, 1 long-term contract for the supply of household chemicals to Russia for a total of $1.3 million (600 million a year) and 2 more contracts for the supply of copper products to the Chinese market for $5 million. Negotiations are also underway with South Korea on the supply of Kazakhstani food products.
Since the beginning of 2023, 5 trade and economic missions have been conducted through QazTrade in such countries as Vietnam (Hanoi), Azerbaijan (Baku), Iran (Tehran), China (Xi'an), Uzbekistan (Tashkent). As a result of the trade and economic missions, export contracts worth more than $300 million were signed.
5 more trade and economic missions will be organized by the end of the year. In addition, it is planned to present the national stands of the Republic of Kazakhstan at the annual Shanghai Import Exhibition in Shanghai (China), the 8th EXPO China-Eurasia XUAR and others.
Another relevant tool for promoting goods to foreign markets provides for the withdrawal of domestic exporters to an electronic trading platform Alibaba.com . In 2020-2022, 220 companies were placed on the trading platform, their total sales amounted to about 225 million US dollars. This year, 70 companies will have access to golden marketplace accounts.
As part of the recent visit of the President of the Republic of Kazakhstan to the city of Xi'an, the National Pavilion was opened on an electronic platform "JD.com". In addition, in March, the construction of the Ozon fulfillment center in Astana was completed, at the site of which 15 thousand Kazakhstani sellers were registered, their sales volume exceeded 10 billion tenge in 2022.
One of the most popular measures of state support is the reimbursement of part of the costs to exporters. By the end of 2022, the state returned the costs in the amount of 8.8 billion tenge.
The main recipients of funds were small businesses, their share was about 48%. These are companies operating in the fields of food production and wholesale trade.
According to the Ministry of Trade and Integration, as a result of this support measure, the geography of exports expanded to three countries, Cyprus, France and Japan were added. The range of goods for which cost recovery is carried out has grown by 53 positions.
In 2023, applications for cost recovery have already been accepted since April 21 and will end on July 21. By the end of the year, QazTrade plans to approve applications in the amount of about 10 billion tenge, which will increase the number of enterprises that have used this support measure to three hundred.
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Kazakhstan producers interested in exporting goods to Qatar market - Alikhan Smailov
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Prime Minister of Kazakhstan Alikhan Smailov held talks with Prime Minister - Minister of Foreign Affairs of Qatar Sheikh Mohammed bin Abdulrahman Al-Thani as part of participation in the Third Qatar Economic Forum in Doha, primeminister.kz reports.
The parties discussed a wide range of bilateral cooperation issues. In particular, prospects for strengthening further cooperation in trade, agro-industrial complex, attraction of investments and civil aviation were considered.
Alikhan Smailov noted that in recent years there has been a consistent development of bilateral Kazakhstan-Qatar relations, which was facilitated by active contacts between the leaders of the two states.
Astana intends to maintain and strengthen the high level of interaction with Doha in both bilateral and multilateral formats," - the Prime Minister said.
He stressed that one of the strategic sectors for Kazakhstan's economy is the agro-industrial complex, which has a huge potential for further growth.
Currently, a large number of Kazakh companies - producers of meat and meat products, as well as food products in general express interest in exporting their goods to the Qatari market. In this regard, I believe it is advisable to accelerate the procedures for the harmonization of halal certificates between our countries," - Alikhan Smailov said.
In addition, he pointed to the growing interest of the Kazakhs and Qataris to travel in both directions. In particular, this contributed to increasing the number of direct flights of Qatar Airways in Almaty. In turn, the Kazakhstan company Fly Arystan also plans to start regular flights from Astana to Doha by the end of this year.
For his part, Sheikh Mohammed bin Abdulrahman Al-Thani expressed his readiness to strengthen effective cooperation across the spectrum of bilateral cooperation.
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Kazakhstan seeks to expand export to Saudi Arabia
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Kazakhstan eyes expanding its export to Saudi Arabia, Kairat Torebayev, vice minister of trade and integration of the country, said, Kazinform reports.
Work is ongoing to expand the list of companies with potential to export to Saudi Arabia. The list includes 34 companies producing meat and honey," said Torebayev, speaking at a briefing.
The speaker went on to say that as part of the recent visit of the Tajik President, 39 commercial agreements worth over $1.8bn, including $155.7mln worth of agreements on supplies of non-primary products to Tajikistan, were signed.
He added that the strategic cooperation agreements with the TALCO Tajik Aluminium Company were concluded.
Earlier it was reported that the country has conducted five trade and economic missions to Vietnam, Azerbaijan, Iran, China, and Uzbekistan since the beginning of this year, following which export agreements to the tune of over $300mln were signed.
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Kazakh capital to host IV Coal Industry Forum of Kazakhstan
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The IV Coal Industry Forum of Kazakhstan will be held as part of the XIII International Astana Mining & Metallurgy Congress on June 1, Kazinform reports.
The forum will debate pressing issues of the country’s coal industry, in particular, adoption of new high technologies, coal chemistry development, etc.
It is organized by the republican association of mining and smelting enterprises with the support of the Industry and Infrastructure Development Ministry.
The coal industry of Kazakhstan is one of the biggest economic sectors that fully meet the requirements of the country’s domestic household and population.
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