Single economic area creates chances
In the cement industry of the single economic area of the countries Kazakhstan, Russia and Belarus, comprehensive corporate restructuring measures are being implemented.
In January 2012, a single economic area was established, consisting of the three member countries of the customs union of Kazakhstan, Belarus and Russia. According to experts, the formation of this economic area had already started to have a positive effect on many sectors six months earlier, particularly in the case of the cement market. One reason for this is the fact that earlier there had been a 5 % import duty on cement for the member countries of the customs union. Cement deliveries from Belarus to the Russian Federation (RF) and from the RF to Kazakhstan increased in 2011. Cement plants...
