Tatyana Gracheva

According to the Kazakh Trade Ministry, The UzQazTrade foreign trade company was founded by QazTrade trade policy development centre and UzTrade JSC to boost mutual trade turnover between the countries. QazTrade director general Nuraly Bukeikhanov said that Kazakhstani companies will increase the amount of goods delivered to both markets due to the development of a joint company. Generation of proposals on lifting restrictions and barriers in mutual trade will be also contributed to. Purchase of fruit and vegetable products from Uzbekistan to meet the domestic need is the first thing planned. The selling of Kazakhstani flour goods in the territory of Uzbekistan with an opportunity for further exports to Afghanistan is expected to get the company’s help. Granting preferences on supply chain costs are agreed on by Kazakhstan and Uzbekistan. Also, the efficiency of state measures to reduce Kazakhstan’s dependence on imports from the third countries will be contributed to by the project. A 29.8% growth was reached by the sales between the two nations in 2022 ($5 billion dollars). In 2021 this amount equaled to $3.8 billion dollars. The rise of ore, wheat, sunflower oil and meat exports made Kazakhstan’s total exports grow up by 33% ($3.7 billion dollars). A 21.4% increase was shown by Kazakhstan’s import in 2022 ($1.3 billion dollars). Spark-ignited engines, grapes and bricks are the main items imported by Kazakhstan.

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According to Kazinform, a meeting of the Government has been held by Prime Minister Alikhan Smailov to discuss the measures of development of the Trans-Caspian International Transport Route (TITR). A twofold reduction of the terms of transit cargo transportation via the territory of Kazakhstan (from 12 to 6 days) was emphasized by the participants of the meeting. They expect this indicator to reach 5 days in 2023. They have already reduced the terms of cargo transportation from China to the Black Sea ports via the Trans-Caspian International Transport Route from 38-53 to 19-23 days, and it will reach 14-18 days at the end of 2023. The joint work of the member-countries on the elimination of ‘sticking points’ on the route, the introduction of through rates and the implementation of other measures made this progress possible. The measures of further modernization of Kazakhstan’s railroad infrastructure, renewing rolling stock, and expanding the merchant marine and capacities of the Aktau and Kuryk seaports were also discussed at the meeting. The plans of creating a container hub in Aktau, renewing the transshipping vehicles fleet, renovating oil-loading terminals, as well as building a new mooring and multi-functional and grain terminals in the Kuryk Port were announced by the participants. 10 petro-barges, eight ferries, six tankers and container ships are expected to operate on the Caspian Sea until 2030. The preparation of an agreement between Kazakhstan and China on the TITR development aimed at simplification of customs procedures and approval of guaranteed volumes of transportations via the route was another topic raised at the meeting. The task given by the Prime Minister was to accelerate the procedure of harmonization of the document by the relevant governmental authorities of Kazakhstan for its further discussion at the inter-state level.

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