Kazakhstan to create register of domestic products

Kazakhstan to create register of domestic products

This year, Kazakhstan plans to launch a unified register of domestic producers, replacing three existing certificates: CT-KZ, export, and industrial certificates. This will help identify products manufactured by local entrepreneurs, as well as improve the targeting and effectiveness of state support for businesses. The Mazhilis, the Lower House of the Kazakh Parliament, approved the draft law on determining the country of origin for goods in the first reading. According to MPs, entrepreneurs will be able to apply for entry into the register through their personal accounts. They will have to undergo digital verification and production assessment with the help of a visiting commission which will include representatives from the Ministry of Industry and Construction, relevant state agencies, and associations. The unified register is designed to boost the country’s production growth.

«This is President Kassym-Jomart Tokayev’s instruction to create a register of domestic producers to efficiently utilize state funds and support measures. It will be a law, specifying the authorized body, the rules for submitting applications, and how everything will be reviewed. There are about 57,000 producers in Kazakhstan,» noted Mukash Iskandirov, a member of the Mazhilis, the Lower House of the Kazakh Parliament.