Kazakhstan’s exports to Customs Union grow by 57.2%

Kazakhstan’s exports to the Customs Union states in the Q1 2011 grew by 57.2% as compared to the like period of 2010, the Agency for Statistics reports. Exports for the period totaled $ 1.9 billion. Kazakhstan’s imports from the Customs Union grew by 46.7%, reaching $3.2 billion. The Customs Union between Russia, Kazakhstan and Belarus came into existence on January 1, 2010 to boost trade and investment. According to the statement made at the press-conference in Minsk, the Customs Union was formed on the WTO principles.