Ministry of Trade and Integration of the Republic of Kazakhstan
For which individual goods have the rates of import customs duties been reduced?
MTI RK has carried out work to reduce the rates of import customs duties on certain goods necessary for domestic business In order to reduce the cost of production and increase the competitiveness of Kazakhstani goods on the world market, as well as to enable metallurgical enterprises to predict financial and production indicators for short and long-term periods, The Ministry, based on the manufacturer's request, initiated a reduction in the rate of import customs duty of the EAEU ETT in relation to oxalic acid at the site of the Eurasian Economic Commission.
As a result of negotiations with the EAEU member states, it was decided to establish the rate of import customs duty on oxalic acid in the amount of 0% for a period of 2 years.
The reduction of the import customs duty rate will allow to increase production volumes and reduce the cost of production, increase the profitability of production. The saved funds from the cancellation of the duty will allow further development of the production technology of collective concentrates of rare earth metals, which will positively affect the demand for the Kazakh export product of the manufacturer on the world market.
In addition, a similar proposal in order to support domestic manufacturers of diapers, Sachiko-Olzha Products LLP supported Russia's proposal to extend the zero duty on the raw material-superabsorbent, which is necessary for the production of diapers. According to the manufacturer, the 0% rate on superabsorbent allowed the company to increase revenue by 30% on average, sales of diapers by 20%, increase exports and increase the staff.
In general, there is an increase in exports from Kazakhstan of finished products in the form of diapers to the Russian Federation, Uzbekistan and Tajikistan.
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