photo: Kazinform
Kazakhstan is considering importing fuel and lubricants from China as part of efforts to strengthen domestic fuel supplies and avoid potential shortages.
Vice Minister of Trade and Integration Zhanel Kushukova said that authorities are reviewing a proposal within the Eurasian Economic Commission to temporarily reduce import customs duties on fuel products from third countries to zero, The Caspian Post reports via Kazinform.
Kushukova said the primary focus of the initiative is fuel imports from China, which could help stabilize the domestic market amid growing demand and supply concerns.
The proposed measure is designed to ensure uninterrupted availability of petroleum products across Kazakhstan and reduce the risk of fuel shortages. Lower import duties could make additional fuel supplies more accessible and economically viable.
At the same time, Kazakhstan continues maintaining restrictions on fuel exports, which are renewed every six months as part of efforts to safeguard domestic energy security.
The move comes after Prime Minister Olzhas Bektenov ordered tighter border controls to curb illegal fuel exports and strengthen oversight of petroleum product flows.
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