ORDER OF THE MINISTER OF TRADE AND INTEGRATION OF THE REPUBLIC OF KAZAKHSTAN

of February 22, 2024 No. 107-HK

About introduction of amendments to the order of the Deputy prime minister - the Minister of Trade and integration of the Republic of Kazakhstan of September 30, 2022 No. 389-HK "About approval of Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export, taking into account the assumed international obligations, the list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export"

I ORDER:

1. In the order of the Deputy prime minister - the Minister of Trade and integration of the Republic of Kazakhstan of September 30, 2022 No. 389-HK "About approval of Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export, taking into account the assumed international obligations, the list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export" (it is registered in the Register of state registration of regulatory legal acts for No. 29930) to make the following changes:

state heading in the following edition:

"About approval of Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan, taking into account the assumed international obligations, the list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan";

state Item 1 in the following edition:

"1. Approve:

1) Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan, taking into account the assumed international obligations according to appendix 1 to this order;

2) the list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan according to appendix 2 to this order.";

in Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export, taking into account the assumed international obligations approved by the specified order:

state heading in the following edition:

"Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan, taking into account the assumed international obligations";

state Item 1 in the following edition:

"1. These rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, by other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan taking into account the assumed international obligations (further - Rules) are developed according to the subitem 6) of article 10 of the Law of the Republic of Kazakhstan "About industrial policy" (further - the Law) and determine procedure for subsidizing of rate of remuneration by the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry which are subject to insurance from Export credit agency of Kazakhstan, taking into account the assumed international obligations.";

9) and 10) of Item 2 to state subitems in the following edition:

"9) the insurance contract - the bilateral written agreement signed between the creditor / leasing company and Export credit agency of Kazakhstan about voluntary insurance of loan / financial leasing (insurer) for acquisition of high-technology goods and services of processing industry;

10) insurer - Export and credit the agencies of Kazakhstan, performing activities within implementation of these rules;";

state Item 3 in the following edition:

"3. Subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan taking into account the assumed international obligations (further - subsidizing) is performed within realization of the tasks determined in the Concept of development of processing industry of the Republic of Kazakhstan for 2023-2029 approved by the order of the Government of the Republic of Kazakhstan of December 20, 2018 No. 846.";

to state heading of Chapter 2 in the following edition:

"Chapter 2. Procedure for subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan, taking into account the assumed international obligations";

state item 4 in the following edition:

"4. Subsidizing is performed for benefit of creditors / the leasing companies performing financing of foreign buyers of domestic high-technology goods and services of processing industry, included in the list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions by banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan according to appendix 2 to this order.";

in appendix:

state the right upper corner in the following edition:

"Appendix

to Rules of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan, taking into account the assumed international obligations

Form";

state the first paragraph in the following edition:

"I ask you to initiate consideration by the financial agent of question of subsidizing of rate of remuneration on the credit / to the made leasing transaction by bank of the second level / Development bank of Kazakhstan / other legal entity performing leasing activities, to the foreign buyer of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan, taking into account the assumed international obligations according to the following information:";

in the List of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from the single operator on promotion of non-oil export approved by the specified order:

state heading in the following edition:

"The list of domestic high-technology goods and services of processing industry for the purposes of subsidizing of rate of remuneration on the issued credits and the made leasing transactions banks of the second level, Development bank of Kazakhstan, other legal entities performing leasing activities, to foreign buyers of domestic high-technology goods and services of processing industry who are subject to insurance from Export credit agency of Kazakhstan".

2. To provide to department of promotion of export of the Ministry of Trade and integration of the Republic of Kazakhstan in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Trade and integration of the Republic of Kazakhstan.

3. To impose control of execution of this order on the supervising vice-Minister of Trade and integration of the Republic of Kazakhstan.

4. This order becomes effective since March 25, 2024 and is subject to official publication.

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