LAW OF THE REPUBLIC OF KAZAKHSTAN

of December 28, 1998 No. 337-I

About measures of protection of the domestic market in case of commodity import

This Law governs the relations arising in the course of application of the protective measures established for the purpose of protection of domestic manufacturers of goods and economic safety of the Republic of Kazakhstan for adaptation of national economy to conditions of the competition to import goods.

Article 1. Basic concepts

In this Law the following basic concepts are used:

1) serious damage - the essential general deterioration in situation in industry of national production of the similar or directly competing goods in the Republic of Kazakhstan owing to the increased amount of its deliveries to the territory of the Republic of Kazakhstan which is expressed, in particular, in production reduction of such goods, reducing realization of domestic goods in the domestic market of Kazakhstan, decrease in profitability of production of such goods, negative impact on employment, the salary level;

2) threat of serious damage - explicit inevitability of serious damage;

3) the import quota - restriction of commodity import for the territory of the Republic of Kazakhstan on its quantity and (or) cost;

4) protective duties - duties which are collected by bodies of state revenues over rate of customs duty in cases of deliveries to customs area of the Republic of Kazakhstan of any goods in such quantities and in such conditions under which drawing serious damage or threat of its drawing to domestic manufacturers of the similar or directly competing goods is possible;

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