Kazakhstan Plans to Reduce Imports by 2025

Kazakhstan Plans to Reduce Imports by 2025

Agricultural industry in Kazakhstan is one of the key sectors of the country's economy. Import activities are planned to be reduced by half and the share of domestic products in the country is planned to be increased by 2025.

Director of German Agribusiness Alliance, Pierre Brodersen notes that the republic has great potential in the agricultural sector and it is necessary to introduce advanced technologies to produce high quality ‘Made in Kazakhstan’ products.

Brodersen believes that decline in the share of imported products will give Kazakhstan an economic boost. Kazakhstan is active in the meat industry and grows wheat. Germany can offer high-level technologies and agricultural equipment.

“We have equipment that can be monitored using satellites from sowing to harvest. German investors are very interested in your regions. I know that in the north of Kazakhstan, there are good places to grow wheat, the central regions can be used for cattle breeding, and southern Kazakhstan can be used for cotton,” he added.

Experts believe that the introduction of modern technologies in the agricultural sector will reduce not only the imports but also will help increase the competitiveness of products, which will have a positive effect on their export potential.

The export growth of agricultural products is planned to be increased from USD2.5 billion to USD5 billion.

“The deep processing of grain projects are our strengths. There is very high competition in foreign markets for grain. We need to move from the export of wheat and barley, and start exporting the processed products. This is the same flour, which currently accounts for 36% of the total share of processed export products,” said Kazakh Vice-Minister of Agriculture, Gulmira Issayeva.

Last year, the agro-industrial complex of Kazakhstan exported products worth USD3 billion.

The largest contributions were made by Almaty, Nur-Sultan, Shymkent, Kostanai, Turkistan cities as well as East Kazakhstan and North Kazakhstan regions.

Photo: ukrinform.ru