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Kazakhstan Economic Diversification and Customs Union

Kazakhstan Economic Diversification and Customs Union

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Published by Achaemenid Advisors

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Published by: Achaemenid Advisors on Jun 20, 2011
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06/20/2011

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Economic Diversificationand Customs Union:
New opportunities
Ministry of Industry and New TechnologiesRepublic of Kazakhstan
 
STATE PROGRAM
for Accelerated Industrial-Innovative Developmentof the Republic of Kazakhstan
2
Based on domesticdemandExport-orientedSectorsof «thefutureeconomy»
Mining and Metallurgical Complex Atomic industryChemical industryPetrochemicalsMachineryConstruction industryPharmaceuticals Agro-industrial complexLight industry
 – 
FES «Ontustik»Tourism -FES «Burabai»Information and Communication TechnologyBiotechnology Alternative Energy
TraditionalPRIORITY SECTORS OF THE ECONOMY 
 
STATE PROGRAM
for Accelerated Industrial-Innovative Developmentof the Republic of Kazakhstan
3
CUSTOMS UNION:KAZAKHSTAN, RUSSIA, BELARUS
KazakhstanBelorussia
Unified trading laws:1. Unified customs territory;2. Unifiedtrade policy;3. Unifiedcustoms rules andcode;4. Free movement of goods inthe customs area
 Advantages for potential investors:
Investment incentives:
-
Exemption from customsduties on imports of productionequipment and raw materials inKazakhstan for theimplementation of investmentprojects.-In Kazakhstan more liberal taxation, comparedwith Russia and Belarus toopen and maintainbusiness.
Russia
Market capacity is about 170 million peoplewith a total GDP of 2 trillion. U.S. $

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