5 Essential Elements For www.transparencykazakhstan.org
5 Essential Elements For www.transparencykazakhstan.org
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Numerous investment disputes involving foreign corporations have arisen previously quite a few years connected to alleged violations of environmental restrictions, tax rules, transfer pricing regulations, and investment clauses. Complications arise while in the enforcement of judgments, and enough opportunity exists for influencing judicial results specified the relative deficiency of judicial independence.
Global oil providers (IOCs) ongoing to acknowledge sanctions-related challenges due to potential disruption, reduction, momentary suspension, or limitation of shipments by way of the Caspian Pipeline Consortium pipeline (CPC) by way of Russia. Kazakhstan’s oil, uranium, and metals corporations are progressively utilizing alternate routes that bypass Russia, for instance delivery gasoline as a result of seaports in Georgia, Latvia, and Estonia; redirecting a small but persistently increasing number of oil exports from the CPC to Caspian seaports; and using TITR for over sixty p.c of uranium shipments.
Money related to any method of investment may be freely converted into any forex, while community marketplaces can be limited to major international currencies.
Kazakhstan’s 2021 Environmental Code features a chapter on adaptation to local weather alter that focuses on the precedence parts of agriculture, h2o management, forestry, and civil safety. The Kazakhstan 2050 System encourages an accelerated changeover to some minimal-carbon financial state, sets a target with the share of renewable Electrical power during the nation’s overall energy combine to achieve fifty per cent by 2050, and encourages water-conserving technologies. “The Concept for Enhancement of the Gas and Power Sector till 2030” aims to create laws and incentives to promote sustainable and renewable Electrical power, adapt to local climate modify and tackle the challenges connected with minimizing carbon dependency.
The Labor Code describes an escalatory mechanism for resolving personal labor disputes, involving immediate negotiations with an employer, followed by a conciliation commission, and finally the courts, when desired. Collective labor disputes equally might be fixed by way of direct negotiations having an employer, accompanied by mediation commission, labor arbitration, and also the courts. The February 2023 amendments to your Labor Code eased some restrictions to employees’ capability to strike by introducing a just one-time hour-extensive strike through arbitration and cutting down the quorum demands for the decision to strike.
The bilateral investment treaty between The us and Kazakhstan demands the government to offer payment from the occasion of expropriation.
The GOK has carried out measures to enhance steadiness and prudent asset high-quality management in the banking sector, such as by way of funds injections, Increased oversight, and expanded regulatory authorities. The ratio of non-undertaking loans overdue by in excess of ninety days to banking assets was 2.
The federal government encourages overseas investors to use the capacities on the AIFC arbitration center along with the AIFC court docket additional actively.
Выявление причин и последствий коррупции и ущерба, который она причиняет;
Мы сосредоточиваем свои усилия на проведении исследований и выработке рекомендаций по искоренению коррупции на системном уровне.
исследований по искоренению коррупции Новости и статьи
Overseas traders may perhaps be involved in authorities and quasi-authorities procurement tenders if they have got set up output services in Kazakhstan and therefore are recognized for a pre-competent bidder.
The federal government has formulated a dispute resolution mechanism aimed toward enabling aggrieved traders to hunt redress with out necessitating them to litigate their promises. The government founded an Financial investment Ombudsman in 2013 As well as in 2019 selected the Prime Minister to act in this part.
The GOK has built a clear determination to abide by The us’ and husband or wife nations around the world’ sanctions and export Management regimes against Russia. On March one, 2023, the GOK enacted a brand new Regulation on Control of Distinct Merchandise, which governs trade in dual-use merchandise and protection article content. The law changed a 2007 regulation on export Command and current controls about identification, export, import, transit, and movement website of precise goods over the border, as well as areas of duties of individuals and authorized entities when exporting, importing, reexporting, and transiting certain products.