Kazakhstan raises customs duties by 40 percent for confectionery products from Kyrgyzstan
Kazakhstan has raised customs duties by 40 percent for confectionery products from Kyrgyzstan, Deputy Economic Regulation Minister Oleg Pankratov said today, CA-NEWS reported.
"The prices for confectionery products of Kyrgyzstan raised by 40 percent and have become not competitive with Kazakh products," Pankratov said.
It is not profitable for Kyrgyz producers to export their products to Kazakhstan now.
"We encounter such interesting steps of Kazakhstan now, which are unclear for us. Kazakhstan introduced restrictions for export of vegetable oil, which led to price hikes. Now Kazakhstan creates obstacles in connection with foot-and-mouth disease not only for agricultural products, but also for products of the processing industry, which can not fall under such restrictions due to heat treatment. We see what may happen in case Kyrgyzstan does not enter the Customs Union. This trend will persist," Pankratov said.