Sermukhamet A.B.

Al-Farabi  Kazakh National University, Kazakhstan

Role of foreign economic relations in economy of Kazakhstan

In modern conditions the external economic relations of any country is one of an important component, forming structure, stability of national economy.

Today any country in the world can't well develop without system of the external economic relations which allows to be integrated into world trade community.

Foreign economic relations are the international, economic, trade, political, information relations providing an exchange of goods, various forms of economic and scientific and technical cooperation, specialization, production cooperation, joint business, rendering services, carrying out currency and financial and credit transactions. On the basis of foreign economic relations the international division of labor allowing achieving economy of social activities in the course of rational production and an exchange of its results between various countries is carried out. Favorable from the economic point of view it is considered the international exchange of goods only if thanks to import of goods it is possible to save on their production and to get profit [1].

 Formation of national economy of Kazakhstan as independent state assumes its active inclusion in system of world economic communications on the basis of the international division of labor and equal mutually beneficial economic cooperation. Foreign economic relations are established by subjects of economic activity of Kazakhstan and other states concerning their foreign economic activity, both in the territory of Kazakhstan, and beyond its limits. Interest of the certain countries in expansion of the foreign economic relations speaks not only need of sales of products foreign markets, but also need of receiving certain goods from the outside [2].

The foreign trade policy of the state has to be considered, how one of factors of the sustained economic growth directed both on increase of efficiency of the foreign trade communications and on creating favorable conditions for increase in a foreign trade turnover. The state support of the industrial production focused on export of production that assumes activation of mutual activity, both the domestic enterprises, and government bodies of the power has to be one of key aspects of realization of a successful foreign trade policy. Along with it, improvement of forms and methods of the state support of foreign trade, assumes development of marketing, transport, financial, information services [3].

 Today Kazakhstan has the complexes which are rather developed, providing high rates of economic growth fuel and energy and metallurgical. At the same time relevance of increase of competitiveness of national economy which, in particular, can be reached by enhancing international cooperation and harmonious integration into world economy remains.

Processes of globalization and internationalization of production cause search of new forms of the international interaction which would provide stability of development of the certain countries in system of world economy.

In modern conditions only through creation of effective mechanisms of realization of national interests within the international cooperation it is possible to answer calls of globalization of world economic system adequately.

Now the foreign policy of Kazakhstan is focused on assistance to the accelerated economic development of the country and to increase of its importance in the world. The main priorities of the external economic policy of the Republic of Kazakhstan are forming harmonious and mutually advantageous relations with the main partners and international economic organizations [4].

Dynamically the exchange of information and in the scientific and technical sphere develops, trade in traditional and new services grows, the nomenclature of the foreign trade exchange extends [3].

So far questions of a foreign trade policy of the Republic of Kazakhstan took a special place in government programs, but the bigger attention was paid to liberalization of foreign economic activity, adjustment and strengthening of foreign economic relations, than rationalization of structure of export and import, for increase of competitiveness of domestic goods and services.

 Especially the importance is got by rationalization of structure of export and import. The structure of import of the republic is focused on satisfaction of consumer needs.

The main feature of export is its monoorientation that isn't characteristic for world export. Monoorientation means that a basis of export of the republic some types of the exported goods, generally make fuel raw material resources. In turn, it causes narrowness of nomenclatures of the exported goods, raw specialization of economy, and also attracts high dependence on price situation in the world markets of fuel and raw materials. From in what direction the external economic policy of the state and as the export potential will be effectively used will be developed, participation of the Republic of Kazakhstan in the international division of labor, entry into number of the competitive countries of the world will depend.

At the present stage foreign trade of the Republic of Kazakhstan with the CIS countries is characterized by expansion of sales markets for production of a domestic production. As one of priorities of national policy in the field of development of the foreign trade sector priority of trade with member countries of the Customs union, that is, the Russian Federation and Republic of Belarus moves forward [5].

 The condition of business climate, infrastructure, and also price level in the international commodity markets substantially has impact on development of foreign trade. One of indicators of efficiency of measures of the state for improvement and maintenance at the high level of business climate is the country place in a rating of the World bank "Introduction  of  Business " (Doing Business).

The position of Kazakhstan in the international rating of Business which reflects creating favorable conditions for implementation of business activity, for the last year increased by 3 points. Among 189 countries of Kazakhstan is on the 50th place (Table 2.1.1). Kazakhstan has the best estimates on such indicators, as: registration of the enterprises – the 30th place, registration of property – the 18th place, protection of investors – the 22nd place, the taxation – the 18th place, ensuring performance of contracts – the 27th place.

The purpose of the analysis is an assessment of the main tendencies of development of world trade and a condition of foreign trade of Kazakhstan by means of an index of efficiency of trade (TPI). Comparison of world demand and the Kazakhstan offer is carried out, potential opportunities for export of goods are revealed.

The worst indicator in the Business rating – international trade – the 186th place. The country assessment in this category is especially important as this indicator is reflection of influence of process of economic integration on possibility of business of Kazakhstan successfully to compete outside the country. As shows the analysis of experts of the World bank, Kazakhstan considerably lags behind the majority of the countries of Europe and Central Asia, not to mention more developed countries (OECD) on time necessary for business for implementation of operation on export or import, and also at the cost of export-import transactions

Pure export is the most exact characteristic of results of foreign trade of the country as expenses on acquisition of import components of production focused on export are subtracted from export revenue of the country.

In production sector of Kazakhstan the considerable part of the equipment and technologies, and also accessories and raw materials for production of finished goods is imported from abroad. Therefore pure export is the important indicator of development of the Kazakhstan production.

The TPI index opens a condition of the Kazakhstan export and the taken country position in system of world trade, commodity and geographical diversification which main indicators are: the volume of pure export, export per capita, a share of export of RK in the world market, degree of concentration of export on goods and sales markets [6].

 In general, the success of activity in trade of this or that country is analyzed and estimated by certain criteria. For example, one country can successfully export separately taken product in any concrete market, thus have high growth rates, and another shows the moderate growth of an export potential by diversified geography of deliveries and the delivered product line.

The purpose of state regulation of foreign economic activity in the Republic of Kazakhstan is the balanced social economic development of the state, formation of social market economy, a gain of concrete positions in the world commodity markets, saturation of the domestic consumer market, attraction and effective use of foreign investments for development of Kazakhstan [7].

The analysis of efficiency of foreign trade of a certain country reflects trade influence in general on increase in growth rates of gross domestic product. Diversification of sales markets and building of an export potential of the country reflect growth rates of labor productivity, degree of development and openness of economy in general. The majority of emerging economies which joined the World Trade Organization assumed the initiatives directed on openness of the economies [8].

In regulation of the foreign trade relations the role of the state repeatedly increases in conditions of a world economic crisis. In this regard, search of new ideas in development of an effective foreign trade policy is necessary to create favorable conditions for development of the foreign trade sector of economy, diversifications of economy for sustained economic growth.

In summary it should be noted that Kazakhstan has considerable potential for export development. Despite recession in global economy, the nomenclature of export articles and new sales markets extends, volumes of deliveries of separate goods grow, all stated above is the basis for a further sustainable development of foreign trade of the country.

 

 

 

 

 

 

 

 

 

 

 Literature:

1. E. G. Nepomnyashchy. Organization and regulation of foreign economic activity: Course of lectures. – Taganrog. 2007.

2. K.R. Nurgaliyev, A.K. Nurgaliyev. Economy of Kazakhstan. Almaty, Ziyat Press, 2007.

3. Kapysheva S. K. Foreign trade policy of the Republic Kazakhstan: problems, priorities and mechanism of realization. The abstract, - Karaganda, 2009.

4. Kazakhstan for years of Independence. Popular scientific edition. - Almaty. KISI at the President of Kazakhstan. 2005.

5. Beysenbayeva A.K. Customs control. The textbook – Almaty: "Nour press", 2006.

6. Analysis of tendencies of world trade and foreign trade of the Republic of Kazakhstan. – Astana, 2014. 

7. T. Begishev, Instruments of state regulation of foreign economic activity of RK. Messenger of KAZGU. Series economic. Almaty, 1998, No. 10

8. S. Alibekov, Legal regulation of foreign economic activity: textbook. – Almaty. 2013