President reminded that the foreign trade turnover in 2011 amounted to $126 billion, 40% up from 2010.
After 2014 the two nations will be relying on swap operations: Samruk Kazyna Sovereign Wealth Fund Head Umirzak Shukeev.
Kazakhstan has prolonged a moratorium on fuel export to Kyrgyzstan to better provide the local market with fuel.
An export transaction in Europe normally takes 27 days, whereas in Kazakhstan it takes 81 days: Kairat Kelimbetov.
Minister of Agriculture talked about the problems of storage and transportation of grain at the Ministry’s board meeting on February 3.
In a separate statement the Minister said that Kazakhstan extends the ban on exports of light petroleum products through the end of 2012.
Export duty on crude remains at $40 per ton.
Drop of prices of energy and mineral resources exported by Kazakhstan is inevitable: Karim Massimov.
One of the hurdles to the exports plan is shortage of railway grain carriers.
Kazakhstan’s foreign trade with the Customs Union – Russia and Belarus – in January – November 2011 grew almost 40% against the like period of 2010.
6 billion tenge ($40 million) were allocated from the budget to export Kazakhstan-made diesel-electric locomotives.
Kazakhstan will prolong fuel export ban.
A memorandum between Astana AgroProduct and Italian Naba Carni on a joint horse-breeding venture was signed in Astana.
Kazakhstan may join the world’s top five oil exporting nations, Noe van Hulst, IEF Secretary General said.
Eggs and chicken, supplied to Kazakhstan by Russia and Belarus are almost past their sell-by date.
According to the Agriculture Minister, in October grain exports made up 600 000 tons. Plans are there to export 8 million tons to traditional markets.
Export contracts for over $10 million were signed after presentations of Kazakhstan's commodities in Azerbaijan on October 24-25: KAZNEX INVEST.
As of today grain has been harvested in 99.7% of the area under grain, with 29.3 million tons thrashed so far.
The free trade agreement was signed in St. Petersburg by Russia, Ukraine Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moldova and Tajikistan.
Kazakhstan's export to Russia and Belarus made $7 billion during the year of existence of the Customs Union.