Article 10. The competence of the authorized body in the field of regulation of foreign trade activities of the Law on Industrial Policy

Home / RLA / Article 10. The competence of the authorized body in the field of regulation of foreign trade activities of the Law on Industrial Policy

Authorized body in the field of regulation of foreign trade activities:

1) participates in the formation and implementation of industrial policy;

2) develops and approves rules for reimbursing part of the costs of subjects of industrial and innovative activities for the promotion of goods and services of Kazakhstani origin in the manufacturing industry, as well as information and communication services to foreign markets within the framework of accepted international obligations;

3) develops and approves a list of goods and services of Kazakhstani origin in the manufacturing industry, as well as information and communication services, which partially reimburse the costs of their promotion to foreign markets;

4) carries out, within its competence, the development and promotion of non-primary exports;

5) interacts with sectoral government agencies on the development and promotion of non-primary exports and coordinates their work;

6) develops and approves rules for subsidizing interest rates on loans granted and leasing transactions made by second-tier banks, the Development Bank of Kazakhstan, and other legal entities engaged in leasing activities to foreign buyers of high-tech goods and services of Kazakhstani origin in the manufacturing industry, which are subject to insurance by the Export Credit Agency of Kazakhstan, taking into account the international obligations assumed;

7) develops and approves measures to promote non-primary exports, taking into account the accepted international obligations of the Republic of Kazakhstan;

8) develops and approves a list of high-tech goods and services of Kazakhstani origin in the manufacturing industry for the purpose of subsidizing the interest rate on loans issued and leasing transactions made by second-tier banks, the Development Bank of Kazakhstan, and other legal entities engaged in leasing activities to foreign buyers of domestic high-tech goods and services of the manufacturing industry, which are subject to insurance by the Export Credit agencies of Kazakhstan;

9) exercise other powers provided for by this Law, other laws of the Republic of Kazakhstan, acts of the President of the Republic of Kazakhstan and the Government of the Republic of Kazakhstan.

This Law establishes the fundamental principles of industrial policy and regulates public relations that arise during the formation and implementation of industrial policy.

President

Republic of Kazakhstan

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