IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 05 May 2015 | Removal date: open ended
Still in force

Trade finance

The Programme 'National Champions' was developed as part of the framework of an initiative of the President of the Republic of Kazakhstan, Mr. Nazarbayev. It was outlined at a meeting of the Government of the Republic of Kazakhstan of 5 May 2015.

Participants of the Program will be provided with financial support, in particular, bank lending, financing of leasing transactions, subsidised interest rates, export insurance, grants for innovations, and elimination of administrative burdens.

On 18 May 2015, the list of 32 (until the moment) beneficiaries companies was approved by the Management Committee of the programme. They belong to the agricultural, machinery construction and construction materials industries.
 
The National Fund of Kazakhstan will provide a total of 140 billion tenge (ca. 462 million USD).
 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.