Kazakhstan: central bank buys $139.7 million in August-September 2017

In August-September the National Bank of the Republic of Kazakhstan purchased $139.7 million on the market over the foreign exchange interventions, the financial regulator’s press service reported. “In August and September, the interventions amounted to $70 million and $69.7 million respectively,” Director of the Monetary Operations Department of the National Bank of Kazakhstan Aliya Moldabekova…

Kazakhstan: Turkey ready to import meat products

Turkey is willing to import Kazakhstani meat products, the press service of the Foreign Affairs Ministry of Kazakhstan reported. “Turkey values quality of Kazakhstani meat products and knows how they taste. I am confident that the meat products imported from Kazakhstan will be very popular with our people,” Nihat Zeybekci, Turkish Minister of Economy, said…

Kazakhstan: 21.4 million tons of grain harvested

As of October 2, Kazakhstan’s grain harvest exceeded 21,4 million tons, the Ministry of Agriculture reported. According to regional agricultural departments, as of October 2, a total of 15,185,700 hectares or 99.3% of areas under crops have been harvested across the country. Average yields amounted to 14.1 hundredweights per hectare. Last year, a total of…

Kazakhstan: trade turnover with Vietnam doubled

From October 2016 to July 2017, the trade turnover between the Republic of Kazakhstan and the Socialist Republic of Vietnam has more than doubled, according to the Eurasian Economic Commission’s press service. According to the Commission, since the Free Trade Agreement between the Eurasian Economic Union (EAEU) and Vietnam came into force, in October 2016…

Kazakhstan: export of industrial products up in H1 2017

During the recent party hearings on the implementation of the State Program for Industrial and Innovative Development, the Investment and Development Minister of Kazakhstan Zhenis Kasymbek summarized the activities of the State program of industrial-innovative development. “To date, Kazakhstan not only provides the country with domestic products, but also enters foreign markets. The volume of…

Kazakhstan: grain exports to Norway to be resumed

According to the Minister of Investments and Development of Kazakhstan Zhenis Kassymbek, Kazakhstan will resume grain supplies to Norway. Speaking at the plenary session of Mazhilis, Kassymbek noted that even though the trade turnover between the two countries was low right now, there was a 53% increase in automobile transportation and the ministry saw prospects…