Vice PM orders to streamline customs clearance procedures
An export transaction in Europe normally takes 27 days, whereas in Kazakhstan it takes 81 days: Kairat Kelimbetov.
Foreign trade growing
Kazakhstan’s foreign trade with the Customs Union – Russia and Belarus – in January – November 2011 grew almost 40% against the like period of 2010.
Ban on import of American cars will not affect Kazakhstan residents
New technical rules limiting import of certain cars to Customs Union countries will not affect Kazakhstan residents.
Russia and Belarus sell eggs and chicken almost past their sell-by date to Kazakhstan
Eggs and chicken, supplied to Kazakhstan by Russia and Belarus are almost past their sell-by date.
Kyrgyzstan government banned import of radioactive coal from Kazakhstan
Acting Prime-Minister of Kyrgyzstan instructed Kyrgyzstan's state customs service to ban import of coal from Kulandy mine.
January – August foreign trade turnover announced
Earlier Tengrinews.kz reported that Kazakhstan’s Ministry of Economy Development and Trade had raised estimated 2011 exports to 76.3 billion, $17.2 billon up against the earlier estimate.
Customs Union terminated import of 12 French companies' goods
12 French companies will not be able to import their commodities at the territory of the Customs Union countries.
Retail price ceiling for fuel will not be raised in October: Oil and Gas Minister
On Monday, September 26, Minister Mynbayev said that Kazakhstan would import 50 000 tons of high-octane petrol from the neighboring Russia to help combat fuel shortages.
Kazakhstan raises estimate 2011 exports
According to Kazakhstan’s Ministry of Economy Development and Trade, the growth is propelled by higher prices for major exports.
Kazakhstan and South Korea plan to bring up the trade turnover up to $900 million
According to President Nazarbayev, the overall investment of South Korea to Kazakhstan stands at $3.8 billion.
Kazakhstan to buy out export gold
Kazakhstan will replenish its gold reserves by means of buying out gold meant for export.
Without coordination of prices with Russia Kazakhstan won’t tackle fuel shortages: Helios
According to the Company’s Marketing Director, the only economic solution could be more favorable conditions for import of fuel as the domestic production capacities cannot meet the demand for high-octane fuel.
Customs Union to freeze import duties till 2012
Starting from August 25 a moratorium on changes in import duties will be in place in Russia, Belarus and Kazakhstan.
Kazakh meat king advises against American beef
Head of Kazakhstan’s meat union and director of a large agricultural company spoke about meat at the international cattle-breeding forum.
Foreign trade turnover Jan –Apr 41% up
Foreign trade turnover for the period made up $36.5 billion: Agency for Statistics.
Q1 2011 Kazakhstan’s foreign trade turnover 33.2% up
Exports for the period grew by 36%, with imports growing by 26%.
Kazakhstan’s exports to Customs Union grow by 57.2%
Kazakhstan’s exports to the Customs Union for the Q1 2011 totaled $ 1.9 billion.
Director of KazAlco does not agree with Georgian wines ban
Director of KazAlco Association commented on the advice of Gennadiy Onischenko to ban imports of Georgian wines to Kazakhstan.
Kazakhstan GDP grew 6.5% in Q1 2011
Ministry of Economic Development announced the Q1 2011 economic results. Customs Union yielded noticeable results.
UAE lifted ban on cattle import from Kazakhstan
United Arab Emirates lifted ban of small cattle import from Kazakhstan. World Organization for Animal Health (OIE) reported that Kazakhstan is a goat pox free zone.
