Central Asia Gateway recognized as world’s best trade information portal

The Central Asia Gateway, an online trade information hub, was named the best in the world. Launched in May of this year, the portal has already recorded 195,000 users. Currently, the unified digital platform covers 280 trade flows in Central Asia. The portal’s development is part of the Ready4Trade Central Asia project, funded by the European Union. It is noteworthy that this virtual portal, which combines data from national websites, was created to facilitate intra-regional trade. It provides business owners with information about cross-border trade requirements, taking into account the specific characteristics of their products. They can also learn about the rules and procedures for import, export, and transit in Central Asian countries.

“The Central Asia Gateway initiative has been launched, combining five information portals of Central Asian countries into a unified platform. For example, exports of Kazakhstan’s flour are imports for Uzbekistan. Comprehensive step-by-step guidelines are provided for both export and import procedures. It is worth noting that, within the World Trade Organization agreement, substantial efforts are being made in all Central Asian states in terms of transparency and accessibility of trade information,” said Nurlan Kulbatyrov, Deputy Director General of the QazTrade Center for Trade Policy Development.

There are plans to expand the functionality of the unified platform aimed at streamlining trade procedures in Central Asian countries, with a specific focus on creating a single electronic database for commodity producers. This will further facilitate trade and investment growth. Overall, according to experts, over the past five years, intraregional trade turnover among Central Asian countries has increased by 80 percent, exceeding $10 billion.