5 Essential Elements For www.transparencykazakhstan.org
5 Essential Elements For www.transparencykazakhstan.org
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Just about every country’s assessment is then reviewed by a regional coordinator prior to the board of the inspiration, that is made up of some twenty European lecturers, helps make a last choice on each state’s scores.
Intercontinental oil providers (IOCs) continued to accept sanctions-similar challenges as a result of likely disruption, reduction, short term suspension, or limitation of shipments by using the Caspian Pipeline Consortium pipeline (CPC) via Russia. Kazakhstan’s oil, uranium, and metals businesses are increasingly using alternate routes that bypass Russia, for instance shipping fuel by seaports in Georgia, Latvia, and Estonia; redirecting a little but constantly escalating volume of oil exports from the CPC to Caspian seaports; and utilizing TITR for over sixty p.c of uranium shipments.
Russia’s war towards Ukraine induced source chain disruptions and sophisticated Kazakhstan’s exterior trade and enterprise functions. Kazakhstan’s organizations will have to perform higher due diligence when working with Russian business enterprise partners, exporting to, or transshipping goods via Russia and Belarus, or transmitting payments.
The legislation eases bureaucratic demands for personal bankruptcy filings, offers creditors a greater say in continuing operations, introduces a time limit for adopting rehabilitation or reorganization options, and provides court supervision specifications.
Kazakhstan formally removed a 49 p.c limit on foreign possession of telecom organizations, apart from the country’s principal telecom operator, KazakhTeleCom, in 2016, but overseas investors have to however get hold of a governing administration waiver to do so. There aren't any constraints about the participation of overseas money while in the banking and coverage sectors.
The nation’s leadership acknowledges the lack of judicial independence. In March 2023, the President enacted a regulation on reforming the judicial system that released a completely new system for electing the chairmen of district courts and strengthened guarantees for your immunity of judges.
The GOK has carried out actions to further improve security and prudent asset quality administration within the banking sector, such as by means of funds injections, Improved oversight, and expanded regulatory authorities. The ratio of non-performing financial loans overdue by more than ninety times to banking assets was two.
The Entrepreneurial Code outlines primary concepts of doing enterprise, the government’s relations with business people, and click here codifies non-discrimination for overseas traders. The code has incentives and Tastes for presidency-identified precedence sectors.
One hydrocarbons company claims expropriation. The case went to Global arbitration and the authorized system proceeds without the need of resolution. In December 2023, The federal government repurchased and resold to a completely new Trader the property of the overseas-owned metals and mining enterprise next an Oct incident in one of its facilities that killed 46 men and women.
Мы сосредоточиваем свои усилия на проведении исследований и выработке рекомендаций по искоренению коррупции на системном уровне.
Kazakhstan joined the International Labor Organization (ILO) in 1993 and it has ratified twenty five out of 189 ILO conventions. The Structure and Labor Code guarantee primary workers’ legal rights, like occupational protection and wellness, the right to organize, and the best to strike. In February 2023, The federal government enacted amendments to labor-relevant guidelines to simplicity the necessities for strikes.
Overseas investors may perhaps be involved in authorities and quasi-authorities procurement tenders if they've established production facilities in Kazakhstan and they are identified as a pre-competent bidder.
A different big SOE could be the countrywide holding business Baiterek, which manages growth establishments and money businesses to guidance entrepreneurship, very affordable housing, and food items security. More information is available on its Web-site: .
The GOK launched sizeable recycling fees on imported agricultural products, which include combines and tractors. The government contends the recycling cost is placed on overseas and domestically manufactured vehicles, brings together, and tractors; nevertheless, it subsidizes the recycling cost for domestic producers.