Kyrgyzstan will abolish sales tax on exported products

Date: 13:32, 12-06-2015.

Almaty. June 12. Silkroadnews - Kyrgyzstan will abolish sales tax on exported products. This was announced by Prime Minister Temir Sariev at a forum on the implementation of the government's plan to develop exports for the years 2015-2017 on Friday, transmits KyrTAG.
According to him, too large share in the export takes gold, and we need to realize the full potential. For example, sold only 15% of processed agricultural products, the rest is sold as a raw material.
"We need to increase the value chain, which will allow to receive more revenue. Last year we started to issue loans for processing. If we achieve 90% of the processing of agricultural products, the export potential will increase significantly. This is the sector where possible the rapid development, there are large markets for it. They have been already worked out",- he added.

Share the news: