Alikhan Smailov holds meeting of Commission on Demonopolization of Economy

The Prime Minister of Kazakhstan Alikhan Smailov held a regular meeting of the Commission for the Demonopolization of the Economy, where the proposals of the Agency for the Protection and Development of Competition to reform key commodity markets were considered.

In particular, in order to increase the number of participants and generally improve the situation on the oil and oil products market, it was proposed to provide for the possibility of purchasing oil from refineries directly from subsoil users, to introduce exchange trading in oil, to increase the volume of trading in oil products, etc.

In terms of reforming the commercial gas market, the issues of introducing exchange trading and adopting rules for access to commercial gas for subsoil users were considered, which will provide supply organizations with direct and competitive access to gas.

Alikhan Smailov instructed the Ministry of Energy and interested government agencies to further analyze these approaches, taking into account the impact on the country's economy.

Also at the meeting, measures were considered to demonopolize the markets for civil aviation services, public transport and the financial market. In general, the Head of Government supported the proposals to increase the share of exchange trading in jet fuel from 10% to 20%, increase the duration of the Open Skies regime at airports from 3 to 5 years, introduce a system for transferring customer current accounts between banks within the country and standards for open banking software interfaces (Open Banking and Open API).

In addition, proposals for the demonopolization of the markets for electricity, rail freight and passenger transportation were discussed at the meeting.

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