The President of Kazakhstan instructed to accelerate the creation of the national commodity distribution system
2021-01-06 05:08

The President of Kazakhstan instructed to accelerate the creation of the national commodity distribution system

President of Kazakhstan Kassym-Jomart Tokayev instructed the head of the Ministry of Trade and Integration of the country to increase the geography of markets for domestic goods, while improving its competitiveness.

He also pointed to the need to accelerate the process of creating a national commodity distribution system and to ensure conditions for the saturation of the market with domestic products.

Earlier it was reported that the commodity distribution system should include a complex of wholesale distribution centers (WDC) and a single "smart" system of management of improved supply chains.

The press service of the President said that the system should become the basis of the Eurasian distribution network, which would consist of a network of distribution centers in Russia, Uzbekistan, Kyrgyzstan and Tajikistan.

The minister reported to the head of state on the development of the trade system last year. For instance, he talked about measures taken to expand foreign and domestic trade. According to him, despite negative trends, the country managed to maintain positive dynamics of growth in the share of non-resource exports.

Since Kazakhstan is chairing the Eurasian Economic Union (EEU) in 2021, Tokayev ordered the country to work toward greater Eurasian integration, eliminate trade barriers and ensure the free movement of products.

Another task of the Kazakh president is to strengthen the country's trade and logistics potential from the perspective of expanding markets for products and participation in cooperation projects within the EAEU and with third countries.

The trade turnover between Russia and Kazakhstan in 2019 increased by 6.7% to $19.6 billion. Exports of Russian products to this country amounted to 14 billion dollars, an increase of 7.7% compared to 2018. Imports of goods and services to the Russian Federation reached almost $6 billion. The growth exceeded 4%.

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Author: Ksenia Gustova