Mechanism of Lending to the Agri-Industrial Complex in the EAEU Countries

  • Timur Alchinovich TAIPOV
  • Lutpulla Amurullamovich OMARBAKIEV
  • Arzigul Kamirdinovna NIZAMDINOVA
  • Urzada Serimkyzy ESAIDAR
  • Gulnar Olzhabayevna ZHANGUTINA

Abstract

The most important part of the agri-industrial complex is the agriculture, which provides the country with food
products and industry with raw materials, and generates income in different sectors of economy, contributing to
the development of agricultural production, the increase of its solvency and the level of material and technical
basis. In the process of integration and intensification it is important to establish a common financial market,
ensuring efficient allocation of capital, which allows to diversify risks and increase competition in the financial
service market. By 2020 it is planned to complete the processes of the unification of national legislations in the
field of financial services and the convergence of approaches to the regulation of activities in the financial sector
and development of a unified strategy for financial market development. The article includes the analysis of the
lending experience in the countries of the Eurasian Economic Union, the agricultural policy of the EAEU countries
in the field of lending and the evaluation of its adaptability in Kazakhstan, shows the conditions for cost-effective
integration and cooperation, types of loans in the agri-industrial sector of the country.
Published
2016-03-15
How to Cite
TAIPOV, Timur Alchinovich et al. Mechanism of Lending to the Agri-Industrial Complex in the EAEU Countries. Journal of Advanced Research in Law and Economics, [S.l.], v. 7, n. 1, p. 116-123, mar. 2016. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/247>. Date accessed: 24 nov. 2024.
Section
Journal of Advanced Research in Law and Economics