www.transparencykazakhstan.org - An Overview

There are no constraints or limits put on overseas investors in changing, transferring, or repatriating resources associated with an investment decision.

Intercontinental oil providers (IOCs) continued to admit sanctions-linked dangers due to likely disruption, reduction, short term suspension, or limitation of shipments via the Caspian Pipeline Consortium pipeline (CPC) by means of Russia. Kazakhstan’s oil, uranium, and metals corporations are significantly applying alternate routes that bypass Russia, including shipping gas by seaports in Ga, Latvia, and Estonia; redirecting a little but continually rising amount of oil exports from your CPC to Caspian seaports; and utilizing TITR for more than 60 per cent of uranium shipments.

Russia’s war against Ukraine induced offer chain disruptions and complicated Kazakhstan’s external trade and company functions. Kazakhstan’s corporations need to perform greater homework when dealing with Russian small business companions, exporting to, or transshipping merchandise by way of Russia and Belarus, or transmitting payments.

The legislation eases bureaucratic needs for bankruptcy filings, offers creditors a better say in continuing functions, introduces a closing date for adopting rehabilitation or reorganization plans, and adds court docket supervision specifications.

Citizens and non-inhabitants may possibly conduct foreign currency operations, Except if specified or else by neighborhood foreign currency laws. Businesses registered with AIFC are not topic to these forex and settlement limits.

December 2023 amendments for the Subsoil Code eradicated a number of the excessive paperwork required for participation in oil and fuel auctions, prolonged the utmost exploration period, and authorized license applicants to use on paper or digitally by means of minerals.gov.kz and resubmit applications immediately after rectifying technological errors.

Russia’s war versus Ukraine and the ensuing sanctions against Russia influenced Kazakhstan’s expenditure local climate. Kazakhstan shares an extended border and substantial economic ties with Russia. The GOK carries on to precise its dedication to adjust to Western sanctions from Russia. For in excess of two yrs considering the fact that Russia’s additional invasion of Ukraine, Kazakhstan’s financial system has tested resilient, primarily because of favorable charges for its commodity exports.

Similarly, this report is posted by A personal danger consultancy based in Syracuse, New York. PRS provides a regular place threat report that is only accessible to subscribers and assesses corruption throughout the political procedure.

Выявление причин и последствий коррупции и ущерба, который она причиняет;

Judgements of other foreign state courts are identified and enforceable by nearby courts when There exists a bilateral agreement on mutual judicial aid Using the respective place or even the theory of reciprocity applies.

The CPI is really an mixture indicator that ranks nations around the world based upon the degree to which corruption is perceived to exist in the general public sector. It relies on 13 surveys[2] from organisations which have been impartial of Transparency Intercontinental, such as the Planet Lender and Independence Dwelling.

Kazakhstan is usually a founding member of your EAEU, created in 2014, with Armenia, Belarus, the Kyrgyz Republic, and Russia. The EAEU is designed to further integrate the economies of its member states, and to provide with the free of charge movement of solutions, capital, and labor within their typical territory. EAEU regulations and conclusions supersede the countrywide regulatory procedure. The GOK asserts that EAEU agreements comply with WTO specifications.

By legislation, overseas and domestic private companies may well create and individual business enterprise enterprises. Whilst no sectors are entirely closed more info to foreign traders, limits on overseas possession exist, together with a twenty p.c ceiling on international possession of media stores as well as a forty nine p.c Restrict on domestic and Worldwide air transportation expert services.

«Коррупция будет процветать до тех пор, пока системы правосудия не начнут наказывать за правонарушения и держать правительства в узде. Там, где правосудие подкупается или подвергается политическому вмешательству, страдают обычные люди.

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