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NUR-SULTAN – Kazakh Export Chairman Aslan Kaligazin signed bilateral agreements with the key banks of Tajikistan to foster cooperation and improve the exports of non-commodity items from Kazakhstan, reported the Kazakh Export nationwide firm on Aug. 17.
The nationwide export insurance coverage firm agreed with Tajikistan’s Amonatbank State Financial savings Financial institution and Orienbank to increase the danger insurance coverage and commerce finance financial institution limits for importers buying non-primary merchandise from Kazakh producers. Tajik entrepreneurs who import items from Kazakhstan may also obtain concessional financing.
Over the previous six years, the insurance coverage firm allotted greater than 21 billion tenge (US$44 million) to help Kazakh entrepreneurs exporting items to Tajikistan, a part of the broader effort to help home exporters.
Because the starting of this 12 months, the corporate supplied over 1.8 billion tenge (US$3.7 million) to the nation’s exporters. Kazakhstan primarily exports helicopters and domestically assembled vehicles, meals merchandise and metals to Tajikistan.
In 2021, commerce turnover between two international locations elevated by 46.9 % over a 12 months and reached $1.2 billion.
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