The rapid development of infrastructure contributed to the transformation of Kazakhstan’s main trading partner of China in the region. Based on the data of the Chinese customs statistics, in 2010 the volume of bilateral trade amounted to between the US $ 20.4 billion According to the Kazakh Statistics -.
. 14.1 billion in 2010 and 21.
3 billion in 2011. Its..
the lion’s share accounted for Xinjiang. At the same time mentioned figures may be much higher due to the “gray” export from China to the territory of Kazakhstan and the Customs Union, the expert assessment which differing, but billions of dollars. In general, Kazakhstan – the second trading partner of China in the CIS after Russia.
In this case, it is possible that China – already the first partner for the most Kazakhstan.Rukovodstvom two countries formulated the goal of doubling the total turnover. By 2015 it should reach 40 bln. Dollars. The two sides also plan to broader use of national currencies in the calculations, which in the summer of 2011 between the National Bank of Kazakhstan and the People’s Bank of China signed an agreement to hold a swap operations “yuan-tenge».
Thus, Beijing maintains a line on the expansion of the yuan zone. Due to the construction of new pipelines and oil export Astana managed to break the pre-existing unfavorable trend related to the increase in the negative balance of foreign trade with China, where a broad stream were cheap consumer goods. However, overcoming the imbalance in trade, Astana faced with another problem. In the structure of Kazakhstan’s supplies in China is obviously dominated by raw materials (oil and metals), whereas in the Republic of China’s imported industrial goods and equipment. This situation is quite satisfied with Beijing, but Kazakhstan threatens transformation of a raw materials appendage and a market for its eastern neighbor. Case in point:..
For 11 months of 2010 of $ 9 billion of Kazakh exports to China, the share of goods with high added value amounted to only 140 million dolls .V response, Kazakhstan has recently become more actively lobby for projects in oil refining, chemistry. , power generation, initiated the signing of a series of documents on cooperation with China in non-raw sectors of the economy, as well as the establishment of the Beijing experience in Italy, South Korea and some other countries the permanent establishment of its National agent Twa for Export and Investment «Kaznex invest», which is to promote Kazakhstan’s non-commodity products in Southeast Asia. But the main countermeasure Astana still become a fundamentally important decision to join the Customs Union of Russia, Kazakhstan, and Belorussia.
Predstavlyaetsya that it is the desire to protect themselves from the risks associated with the expansion of China’s trade, has become one of the most powerful arguments that led the leaders of the republic to the economic integration with Russia, in many respects similar with Kazakhstan on the structure, quality, and competitiveness of the economy. After the entry into force on January 1, 2010, on the territory of the CU Unified Customs Tariff of the average level of import tariffs operating in Kazakhstan rose from 5.8 to 10.6%. It was canceled nourished shuttle trade simplified procedure for transportation of goods by individuals through the Kazakh-Chinese border.
Were unclaimed and alternative proposals of Beijing, which in August 2005, the first in the world to complete bilateral negotiations on Kazakhstan’s accession to the WTO, and in 2002 lobbied for the idea of creating a free trade zone within the SHOS.K way, the Chinese government is actively using the SCO as a platform for the presentation of their own credit programs and infrastructure project proposes to create SCO development bank here as an alternative to Russian integration initiatives and Eurasian Bank.Teper before the “customs trio” task is to prevent the growth of illegal exports of whale of Ai goods through Kazakhstan, which forces to scrutinize the project “commercial city” Khorgos, proposals to increase the crossing points on the border with Kazakhstan has been a key re-exporter of Chinese consumer goods in Kyrgyzstan and other similar initiatives,