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U.S. will provide $4.5 million in aid to Kazakhstan in 2012

18 january 2012, 13:15
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U.S. Embassy in Kazakhstan. Photo by  Danial Okassov©
U.S. Embassy in Kazakhstan. Photo by Danial Okassov©
The United States will render support in the amount of $4.5 million to Kazakhstan in 2012, Tengrinews.kz reports citing deputy Minister of Economic Development and Trade Marat Kussainov.

“The U.S. are rendering Kazakhstan technical aid in health, education, support of small and medium business and trade. During 20 years of cooperation the United States has rendered support to Kazakhstan in the amount of $9 million. Aid in the amount of $4.5 million is expected to be received by December 2012,” Kussainov said at the Senate meeting on January 11.

The Senate ratified the Agreement between the governments of Kazakhstan and the U.S. regarding cooperation on simplifying support-rendering process. This document was signed in Washington on May 20, 1992 and came into effect the same day. It was acting until 2002, when Kazakhstan Tax Code came into effect. The Tax Code provides for ratification of this agreement to give it priority. The document states that the goods, supplies and other property provided and used in relation with the U.S. support programs, may be imported to Kazakhstan, exported and used without any charges, customs duties, import and other taxes set forth by Kazakhstan legislation; movement of planes and ships involved in support programs by the U.S. Government shall be exempted from payment of airdrome and port charges and navigational payments in Kazakhstan.

“In case private U.S. organizations perform other activities that are not listed in this agreement, such organizations will be subject to taxation as per the legislation of Kazakhstan,” Vice-Minister said.

The agreement is intended for humanitarian aid from the U.S. Government to Kazakhstan, as well as economic and technical cooperation on a free basis.

Senator Gani Kassymov objected to ratification of the document, saying that compared to the 1990s, Kazakhstan did not need any aid. “Yes, we needed help in the 1990s, but the situation has changed and right now we are helping some of the countries of the world,” the Senator said.

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