Kazakhstan’s Interagency Commission on Foreign Trade Policy and Participation in International Economic Organizations has continued to drive the domestic processing of raw materials by extending export bans. The government outlined the results of a recent meeting on the official website of the Prime Minister of the Republic.
The government has decided to extend the ban on the transportation of liquefied gas, a measure initially implemented to prevent fuel shortages on the domestic market.
Additionally, a six-month export ban has been imposed on steel billets and semi-finished products. This measure is not new but has already yielded positive results. According to the Interagency Commission, domestic metallurgical plants have shifted their focus to deeper processing of raw materials and have increased rebar exports by 30,000 tons.
The authorities also plan to support the metallurgy sector with anti-dumping duties on seamless pipes from China and galvanized steel from Ukrainian producers.
Another import restriction will apply to stone products and drywall from countries outside the Eurasian Economic Union, with local companies’ capacities deemed sufficient to meet domestic demand.
