Export quotas and import volumes of the products will be determined monthly until September 1.
Producers will slowly relax curbs after June, but reductions in production will stay in place until April 2022.
Within the beginning of April alone, Chinese online education platform Yuanfudao has raised US$1 billion from investors.
The Asian Development Bank published the outlook (ADO) 2020 on the economic prospects of Central Asian countries for two years.
The European Union finance ministers agreed to allocate 540 billion euros ) to support member countries affected by the COVID.
OPEC and its allies, also known as OPEC+, will hold a videoconference again today.
Global trade could rebound to its pre-crisis level in 2021, said World Trade Organization (WTO) Director General Roberto Azevedo.
Experts say that many large businesses will leave the market once the worldwide quarantine is over.
The Brent crude oil futures climbed over three percent and are trading at US$34.
The Kazakh government has developed a package of urgent anti-crisis measures to support small and medium-sized enterprises.
Loans up to 360 million Tenge (nearly US$807,000) will be covered by a guarantee of up to 85 percent of the loan size.
2.5 trillion (US$5.6 billion) out of them are funded by extrabudgetary resources, 3.5 trillion (US$7.8 billion) – by state budget.
A green corridor was created for food imports in Kazakhstan.
Kazakhstan, compared to other oil-exporting sovereigns, is less vulnerable to the oil crisis.
The National Bank of Kazakhstan is recommending using non-cash payment in stores and pharmacies, and for online commerce.
The crude oil futures climbed nearly 1.04 percent. This positive momentum in the oil market has been observed for the second day.
IMF chief Kristina Georgieva says 2020 could see ‘a recession at least as bad as during the global financial crisis or worse.
This was stated by Kazakh Deputy Prime Minister Yeraly Tugzhanov at an online briefing today.
The RMB funds raised will be used to support local infrastructure projects and Belt and Road Initiative projects in Kazakhstan.
Trading on the KASE will be conducted in form of the Frankfurt auction.