BAKU, Azerbaijan, Feb.8
Trend:
Kazakhstan’s Ministry of Trade and Integration is planning to introduce new instruments to double the volume of non-resource exports, the ministry’s head Bakhyt Sultanov said at the board meeting, Trend reports referring to a source in the ministry.
"We are planning to improve the institutional legal framework to apply the principle of a single window for exporters. The potential of our institutions can really double and develop further,” Sultanov noted. “Thus, this will directly affect the task of doubling the volume of non-primary exports. For this we need to introduce new tools.”
"We have proposed to implement such an instrument as trade financing - this is the financing of our export products. Besides, a register of export manufacturers will be formed for a simplified return of value added taxes," the minister said.
"Pragmatic export planning will be based on a smart analytics system called Big Data Management. All the work will be implemented through our portal - export.gov.kz," added Sultanov.