The government will subsidize exporters' expenses for transportation and certification, — "Kyrgyz Export"

Яна Орехова Economy
VK X OK WhatsApp Telegram
This year, new support measures have been developed for domestic producers, allowing them to effectively address issues related to the entry of products into international markets. This was announced on the radio by Tilek Jumaliev, Deputy Director of the "Kyrgyz Export" Center.
He highlighted three key areas in which work will be carried out: financial support, non-financial measures such as training and assistance in finding partners, as well as analytical support.
One of the main tools will be a preferential lending mechanism. As part of a pilot project, exporters will be offered an interest rate of 10% per annum, which is significantly lower than market values, which range from 18% to 22%.
"The State Development Bank is participating in this mechanism, providing loans at a rate of 8%. Risks will be insured by the State Insurance Organization and the Eurasian Reinsurance Company at 1%, and the Guarantee Fund will also cover part of the collateral at 1%. Our center will coordinate this process," Jumaliev explained.
He added that this mechanism will be available to companies that have real export contracts and confirmed shipments, ensuring the continuity of their production.
In addition, according to the deputy director, the government will partially compensate entrepreneurs' costs in the following areas:



Additionally, the deputy director reported that the Center is preparing about 30–35 analytical reports concerning the markets of the UAE, Gulf countries, the European Union, and China.
"We are developing brief guides that will help understand how to export, assess competitiveness and market volume, as well as prepare packaging and labeling," he concluded.
VK X OK WhatsApp Telegram