The deputies of the Senate (Upper House of the Parliament of Kazakhstan) ratified the agreement between the governments of the states of the organization of the Turkic states (OTG) on the creation of a simplified customs corridor.
The agreement will accelerate customs control for goods and vehicles transported between the territories, which in turn will give impetus to the development of international trade relations, ”said Senator Nurlan Bekenov, whose words are given by Kazakhstani media.
since the beginning of the year, the volume of foreign trade of Kazakhstan with the states of the organization of the Turkic states amounted to $ 10.4 billion, while 61% of the turnover has to export $ 6.4 billion, it has $ 49% for imports ” , – he said.
After signing an agreement by Kazakhstan, the technical conditions will be developed and approved for six months, with the subsequent launch of a pilot project. Upon its completion, the customs authorities will begin the exchange of information. Simplified formalities for trading operators will be used where it is possible.
“Ratification of the Agreement will contribute to the development of trade and economic relations and strengthen mutual economic integration between the countries of the organization of the Turkic states. Realization of the law will give a positive socio-economic effect,” Bakenov added.
Earlier, in June, President Kasim -Zhomart Tokayev signed the Law “On ratification of an agreement on international combined freight transportation between the governments of the states of the organization of the Turkic states.” The purpose of this agreement was the development of transit and transport potential and trade and economic relations.