Kazakhstan set to boost non-primary exports

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ASTANA (TCA) — The national export strategy of Kazakhstan has set an ambitious goal of increasing the volume of non-primary exports by half by 2025, and this task has been set before the country’s Export Insurance Company KazakhExport, the Company’s Chairman Ruslan Iskakov said in an interview with Primeminister.kz.

Iskakov said that the company is working with exporters of processed goods, non-raw materials, manufacturing enterprises and exporters of services. Today, it focuses on manufacturing enterprises and processing industries.

Iskakov said that at the end of 2017, Kazakhstan’s processed exports increased by more than 22%.

“In the second half of the year we will open the first wave of representative offices in accordance with the export strategy of Kazakhstan, where the markets are distributed according to priorities,” Iskakov said. “Of course, the first wave will still be Western China, these are the regions nearest to our borders, most likely it will be Urumqi. In order, first, to overcome language barriers, which, among other things, our entrepreneurs face. And working with China is quite difficult, from the point of view of understanding, gathering information, etc. Therefore, there should always be a person in the place who knows the domestic market, knows the business community, who will talk daily with local entrepreneurs, talk about what opportunities are available, and at the same time give feedback.”

“The second direction is the Russian Federation. We will have three representative offices in the border regions: the Siberian, the Urals and the Volga region. We see from our portfolio a lot of contracts of our entrepreneurs with Russian buyers in these regions, and the potential is very large.

“And, of course, Central Asia and the Caucasus are priority markets,” Iskakov said.

In 2019, a representative office in Iran will also be opened.

Sergey Kwan

TCA