Oligarchs are not clients of KazakhExport – MIT

Almaty. September 26. KazTAG - Oligarchs are not clients of KazakhExport Export Insurance Company JSC, said Kairat Torebayev , Vice Minister of Trade and Integration of Kazakhstan.
“There are no links to certain individuals or a certain size of the company. Big business receives 29% of support (Export Insurance Company KazakhExport JSC - KazTAG). Our clients are not oligarchs, but export-oriented companies,” Torebayev said at a briefing answering a journalist’s question.
According to him, KazakhExport’s clients are those companies that have factories, their own Kazakh product that needs support: insurance or guarantee.
More than 71% of exporters who, according to the vice minister, received KazakhExport support belong to the group of small and medium-sized businesses (SMEs), in particular, 47% are small business companies and 24% are medium-sized companies.

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