Kostanai region in Kazakhstan to export flour to China

ASTANA (TCA) — The first batch of flour from Kostanai region in northern Kazakhstan is expected to go to China this year, after Kostanai’s flour-grinding enterprise KazTorgTrans has agreed with Chinese importers on the first deliveries of its flour, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported.

Kazakh producers had the opportunity to present their products and find new business partners at the trade fair which was held in Beijing in mid-July within the framework of China’s One Belt, One Road program. A total of 13 Kazakh producers took part in the fair.

“We are developing and, accordingly, we are looking for new markets. Moving in the direction of China began with the support of Atameken in the spring. In China, only those companies that receive certain quotas can make flour and the rest are subject to a high tax. Therefore, they have an interest in importing our products. Here our interests converged, and we signed memorandums of intent to export our products,” said Veronika Derevyanko, manager of LLP KazTorgTrans.

In August, Chinese firms with whom the Kostanai company signed agreements will arrive in the Kostanai region to discuss the details of cooperation.

“Before, we exported to Uzbekistan, Turkmenistan, and Afghanistan. The arrangements with the Chinese side were the direct result of the consistent work of Atameken. I think cooperation with Beijing will be long and fruitful,” Derevyanko added.

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Times of Central Asia