The www.transparencykazakhstan.org Diaries
The www.transparencykazakhstan.org Diaries
Blog Article
Personal bankruptcy regulation guards the rights of creditors during insolvency proceedings. Personal bankruptcy is just not criminalized, Except the court decides the personal bankruptcy was premeditated, or rehabilitation steps ended up wrongful.
A legislation on Currency Regulation and Forex Handle expands the statistical monitoring of transactions in international currency and facilitated the entire process of de-dollarization.
You'll find alternatives for DFC-funded jobs in Kazakhstan but you'll find at the moment no Energetic projects.
There won't be any time limitations on remittances outside of Kazakhstan. Residents trying to find to transfer assets or income to your non-resident or to obtain house or income from the non-resident in excessive of $five hundred,000 are necessary to sign-up the contract with the NBK.
Неправительственная, некоммерческая организация, целью которой является работа в области противодействия коррупции
December 2023 amendments to your Subsoil Code taken off a few of the too much files expected for participation in oil and gasoline auctions, extended the most exploration period, and allowed license applicants to apply on paper or digitally through minerals.gov.kz and resubmit apps after rectifying complex faults.
Russia’s war towards Ukraine and the following sanctions towards Russia impacted Kazakhstan’s expense weather. Kazakhstan shares an extended border and substantial economic ties with Russia. The GOK proceeds to specific its commitment to adjust to Western sanctions towards Russia. For much more than two a long time due to the fact Russia’s further more invasion of Ukraine, Kazakhstan’s economic climate has proven resilient, largely as a consequence of favorable charges for its commodity exports.
The federal government encourages overseas investors to make use of the capacities on the AIFC arbitration Heart and the AIFC courtroom more actively.
The BTI is an authority evaluation that may be done by a small team of non-resident state industry experts. The Preliminary assessment is executed by one researcher who is needed to answer two inquiries pertaining to corruption: To what extent are there lawful or political penalties for stakeholders who abuse their positions?
Мы сосредоточиваем свои усилия на проведении исследований и выработке рекомендаций по искоренению коррупции на системном уровне.
Kazakhstan joined the International Labor Business (ILO) in 1993 and has ratified click here 25 out of 189 ILO conventions. The Structure and Labor Code assurance essential personnel’ legal rights, together with occupational safety and wellbeing, the ideal to arrange, and the right to strike. In February 2023, the government enacted amendments to labor-related laws to relieve the requirements for strikes.
Kazakhstan is actually a founding member of the EAEU, produced in 2014, with Armenia, Belarus, the Kyrgyz Republic, and Russia. The EAEU is created to further more combine the economies of its member states, and to deliver for the absolutely free motion of expert services, funds, and labor within just their popular territory. EAEU polices and choices supersede the national regulatory program. The GOK asserts that EAEU agreements comply with WTO expectations.
By regulation, international and domestic private firms may well set up and have business enterprise enterprises. When no sectors are entirely shut to foreign traders, limitations on foreign possession exist, like a 20 percent ceiling on international possession of media outlets plus a 49 per cent limit on domestic and Intercontinental air transportation companies.
The federal government continued its de-monopolization policy in 2023 and set up the Asset Recovery Committee underneath the Prosecutor Standard’s Office environment to lessen the position of oligopolies during the financial state also to look at the doable nationalization of property that The federal government now thinks to are illegally privatized. The President signed into legislation a different Legislation on Asset Recovery in July 2023.