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©Turar Kazangapov
Tenge depreciation not enough to help Kazakh exporters

In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.

Tenge depreciation not enough to help Kazakh exporters
©Temirlan Ospanov
National Champions to increase Kazakhstan's exports and GDP

National Champions are expected to develop Kazakhstan's industry and considerably increase non-commodity exports by 2018.

National Champions to increase Kazakhstan's exports and GDP
©Turar Kazangapov
Kazakh tenge real exchange rate down by 24.7% in 2015

National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

Kazakh tenge real exchange rate down by 24.7% in 2015
©Reuters.com
Kazakh tenge depreciation doesn't help exporters

Kazakh tenge's depreciation has not helped the Kazakhtani producers to increase their export revenues, experts say.

Kazakh tenge depreciation doesn't help exporters
Photo© Turar Kazangapov
Current tenge exchange rate is adequate: Kazakhstan central bank Governor

Governor of the National Bank of Kazakhstan Kairat Kelimbetov sees the current tenge exchange rate as adequate under the circumstances.

Current tenge exchange rate is adequate: Kazakhstan central bank Governor
Photo courtesy of the press office of Russian Kremlin
Food is the most stable currency: Nursultan Nazarbayev

According to Nursultan Nazarbayev, Kazakhstan and Russia have a big advantage when it comes to food security.

Food is the most stable currency: Nursultan Nazarbayev
Heads of the EEU member states: Serj Sargsyan, Alexander Lukashenko, Nursulatn Nazarbayev, Almazbek Atambayev and Vladimir Putin. Photo © kremlin.ru
Kazakh-Kyrgyz boarders opened with Kyrgyzstan's accession to EEU

The President of Kazakhstan Nursultan Nazarbayev and Almazbek Atambayev, President of Kyrgyzstan, have opened the customs border between the two countries.

Kazakh-Kyrgyz boarders opened with Kyrgyzstan's accession to EEU
Photo courtesy of replyua.net.ua.
Food in Kazakhstan is very delicious: EBRD President Sir Suma Chakrabarti

According to EBRD President Sir Suma Chakrabarti, food in Kazakhstan is very delicious and the best wheat in the world grows in this Central Asian country.

Food in Kazakhstan is very delicious: EBRD President Sir Suma Chakrabarti
©Tengrinews.kz
Saudi Arabia interested in importing Kazakh grain

Saudi Arabia has expressed interest in importing grain from Kazakhstan.

Saudi Arabia interested in importing Kazakh grain
©Tengrinews
Sanctions reciprocation and ruble trouble affect Kazakhstan

Kazakhstani political scientist Dosym Satpayev points to the sanctions against Russia and the ruble trouble as having effect on exports and domestic production in Kazakhstan.

Sanctions reciprocation and ruble trouble affect Kazakhstan
Telegraf.com.ua
Kazakhstan to double its grain exports to Iran

The biggest importer of Kazakh grain for the 2013-2014 year was Iran with its 1 255 000 tons of grain, followed by Uzbekistan with its 885 400 tons, Azerbaijan (815 600 tons), Russia (658 600 tons).

Kazakhstan to double its grain exports to Iran
Kazakhstan mulls halving crude export duty

In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.

Kazakhstan mulls halving crude export duty
Photo courtesy of gscn.com.cn
Kazakh Minister of Agriculture may stop subsidising grain exports

The Minister of Agriculture of Kazakhstan has proposed to abandon subsidization of grain exports in favour of other developments in agriculture.

Kazakh Minister of Agriculture may stop subsidising grain exports
Photo courtesy of uzdunyo.keo.su
Kazakhstan thinking of reducing crude export duty rate

Starting from April 1, 2014 the crude export duty rate was raised from $60 to $80 per ton of crude.

Kazakhstan thinking of reducing crude export duty rate
Photo courtesy of autocentre.ua
Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy

Cheap gas from Russia can put a stop to the work of Kazakhstan’s oil refineries.

Russia's cheap gas may shut down Kazakhstani oil refineries: Minister of Energy
Photo courtesy of vesti.kz
Kazakhstan bans fuel export

Kazakhstan has introduced a half-year ban on export of fuel outside the territory of the Customs Union.

Kazakhstan bans fuel export
Photo © RIA Novosti
Kazakh National Fund grows despite drop in oil prices: Minister of Finance

Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.

Kazakh National Fund grows despite drop in oil prices: Minister of Finance
France and Kazakhstan to sign agreements worth $530.3 million

For the first 9 months of 2014 the bilateral trade turnover figure made up $4.7 billion, with major Kazakhstan’s exports being oil, metals and chemicals.

France and Kazakhstan to sign agreements worth $530.3 million
Sk.kz
Kazakhstan suspends power supplies to Russia over rouble depreciation

Kazakhstan is looking for alternative markets for its coal as Russia is seeking to replace Kazakhstan’s coal with coal mined at Russia’s Kuzbass.

Kazakhstan suspends power supplies to Russia over rouble depreciation
REUTERS ©
Energy Ministry official on Ukraine’s readiness to purchase gas from Kazakhstan

According to him, Kazakhstan’s gas can only be supplied to third countries across Russia; and within the agreements currently in place, access to Russia’s gas transportation system can only be provided to meet energy needs of the Eurasian Economic Union member states.

Energy Ministry official on Ukraine’s readiness to purchase gas from Kazakhstan