27.09.2023, 19:27 64061

The Minister of Trade and Integration met with journalists

The Minister of Trade and Integration met with journalists
Images | Ministry of Trade and Integration
A press-conference was held in Astana with the participation of Minister of Trade and Integration Arman Shakkaliyev. The head of MTI announced the main directions of development of trade policy in the framework of the implementation of the Address of the Head of State, press service of the Ministry of Trade and Integration reports.

In the first half of 2023, Kazakhstan's trade turnover amounted to $67.2 billion, which is 4.3% higher than in the same period of 2022 ($64.5 billion). Trade turnover with the countries of the European Union for the 1st half of 2023 amounted to $20.2 billion, trade turnover with China - $13.6 billion, showing an increase of 20.5% compared to last year. Positive dynamics is observed in mutual trade with the countries of the Eurasian Economic Union. For 6 months of 2023, compared to the same period last year, the growth was 4.1% (from $ 13.3 billion up to $13.8 billion).

Work is underway to diversify Kazakhstan's trade and economic routes in the southern direction - access to the markets of South Asia and the Middle East, as well as to the ports of the Indian Ocean (Gwadar, Karachi) and the Persian Gulf (Chabahar, Bandar Abbas). Promotion of our goods to the markets of the EU, the USA and South-East Asia is under active consideration. By 2027, it is planned to increase the volume of non-resource exports to $ 46.5 billion.

It is planned to create 5 cross-border hubs for common trade and transportation space and strengthening strategic relations with partner countries to ensure the growth of trade turnover with them by an average of 30%.

For 8 months of 2023, domestic trade turnover amounted to 35.7 billion tenge and increased by 21% compared to the same period of 2022. The volume of attracted investments in trade for 8 months increased by 37.6% (from 163.6 billion tenge to 225.1 billion tenge). At the end of 8 months, inflation amounted to 6.6% (the same period of 2022 - 13.3%). The price index for socially important food products at the end of 8 months amounted to 3.4% (2022 -19.1%), which is 5.6 times lower than the rate of 2022.

For almost 4 months (15 weeks) the price index for socially important food products has been decreasing. In order to stabilize prices for socially important food products, vegetable products were released from stabilization funds. The total volume of formed stocks was 139.4 thousand tons, of which in order to restrain the seasonal growth of prices, vegetables (potatoes, carrots, onions, cabbage) in the amount of 118.6 thousand tons were released to the market. Work is underway to increase the share of modern trade formats up to 70%, the Roadmap for modernization of trade markets is being implemented to eliminate spontaneous trade and reduce the level of "shadow" economy in trade.

This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.

Found an error in the text?

Select the error and press Ctrl + Enter at the same time.

relevant news

Most viewed