Problems on the railway hinder the export of oil and fat products from Kazakhstan to China
Kazakhstan
Published May 19, 2023
Tridge summary
Export problems are experienced by oilseed processors due to the situation on the railway. Realization of the export potential of Kazakhstan's oil and fat products is questionable, the National Association of Oilseeds Processors told APK Novosti.
Original content
“Recently, Kazakhstan and China signed contracts for the supply of vegetable oils in the amount of more than 4,000 tons, as well as the Protocol on sanitary requirements for export consignments of sunflower, safflower, soybean and linseed meal and cake. According to the document, in 1-2 months, the Ministry of Agriculture must provide China with a list of enterprises to be included in the register of Chinese customs,” said Yadykar Ibragimov, Chairman of the Board of the National Association of Oilseed Processors. According to him, the export potential of vegetable oils, as well as meals and cakes from Kazakhstan to China for the next three years will be about $300 million. “Last year, Kazakhstan increased the supply of vegetable oils to China by almost four times. In monetary terms, this figure has grown even more significantly - 4.1 times - from $41 million to $170 million,” Ibragimov said. Meanwhile, according to the Association, in order to realize this potential, it is ...
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