Due to the chaos in logistics, Kazakh grain traders risk disrupting export contracts

Published 2023년 10월 11일

Tridge summary

Transportation problems with rail in Kazakhstan are causing issues for traders, jeopardizing export contracts. Atameken-Agro, one of the country's largest agricultural holdings, is experiencing difficulties in planning activities due to a lack of coordination from KTZ. The situation is causing delays, fines, and potential contract refusals, impacting the company's ability to pay wages and suppliers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Due to huge problems with transporting products by rail, Kazakh traders cannot plan their activities, and export contracts are in jeopardy. This was announced by the Chairman of the Board of Atameken-Agro JSC Kintal Islamov in an exclusive interview with APK-Inform. Atameken-Agro is one of the largest agricultural holdings in Kazakhstan with a land bank of more than 440 thousand hectares. Specializes in crop production, livestock farming, and grain storage. The holding exports its products (cereals, oilseeds, legumes) to 16 countries. “The situation is reaching the point of absurdity. If last year logistical difficulties were associated with a shortage of wagons, this year KTZ does not coordinate plans. We have a contract, we have wagons and containers, even loaded with products, but we cannot send them to customers, everything is worth it. It is very strange in the 21st century not to develop an automated system - whoever submitted the application first was approved. And now we ...
Source: Zol

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