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Kazakhstan exports cereal and flour worth nearly $1.5 B

Business Materials 14 September 2019 12:02 (UTC +04:00)
The value of export of cereal and flour by Kazakhstan has exceeded $1.4 billion during 2018, including $965.447 million worth of cereal and $445.997 million worth of flour.
Kazakhstan exports cereal and flour worth nearly $1.5 B

Baku, Azerbaijan, September 14

By Nargiz Sadikhova - Trend:

The value of export of cereal and flour by Kazakhstan has exceeded $1.4 billion during 2018, including $965.447 million worth of cereal and $445.997 million worth of flour, Trend reports with reference to the press office of the Ministry of Trade and Integration of Kazakhstan.

This became known during the VI annual Social Council of Participants of Railways Transport of Cereal Cargo Market of Kazakhstan held on September 11, 2019, in Nur-Sultan.

This year's event became the international area for discussion of issues for all members of cereal market: state organizations, traders, expeditors, transport companies, legal entities and representatives of railway administrations of Kazakhstan, Uzbekistan and Turkmenistan.

During the meeting, the issues of Kazakh cereal export were discussed including new volumes, new routes, prospects of further development of transport logistics, and the state policy in area of manufacturing, trade and processing of seeds and oil crops.

Vice Minister of Trade and Integration of Kazakhstan Azamat Askaruly noted during the meeting that the export of cereal and flour account for the significant share in Kazakh export. The value of export of these two products amounted to $1.4 billion in 2018.

"Our ministry will work on improving positions of these goods on foreign markets," he said.

Furthermore, Askaruly talked in detail on benefits offered by the roadmap for promotion of non-commodity good and services export for exporters. He also noted the changes in this area.

"With an idea of coordination of measures of state support, we have created Single Window for support of exporters on the base of The Center for the Development of Trade Policy, which has been named QazTrade," he concluded.

(1 USD = 386.71 KZT on September 14)

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