WWW.TRANSPARENCYKAZAKHSTAN.ORG THINGS TO KNOW BEFORE YOU BUY

www.transparencykazakhstan.org Things To Know Before You Buy

www.transparencykazakhstan.org Things To Know Before You Buy

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Overseas business branches are handled as people, while non-monetary corporations are dealt with as non-people based on these companies’ specific agreements Together with the GOK. Except for specified exceptions, transactions in international currencies amongst inhabitants are forbidden.

Intercontinental oil organizations (IOCs) ongoing to acknowledge sanctions-similar hazards because of possible disruption, reduction, temporary suspension, or limitation of shipments through the Caspian Pipeline Consortium pipeline (CPC) by way of Russia. Kazakhstan’s oil, uranium, and metals firms are increasingly using alternate routes that bypass Russia, which include delivery gasoline by way of seaports in Georgia, Latvia, and Estonia; redirecting a little but constantly developing degree of oil exports from your CPC to Caspian seaports; and using TITR for over 60 % of uranium shipments.

Govt businesses need to retain a particular amount of “in-region benefit” when signing procurement contracts for design supplies, home furniture, textile, chemical merchandise, prescription drugs, and gear. In March 2024, the Ministry of Energy introduced changes to incorporate least necessities for in-region worth in its on the web procurements, and also within the procurement clauses of new contracts for subsoil end users. The alterations also empowered the Ministry to barter in-place benefit least requirements to present subsoil user contracts.

All guidelines and decrees from the President and the government are available in Kazakh and Russian over the websites of the Ministry of Justice:   and  . The government consults on some draft legislation with industry experts along with the business Group; draft bills can be obtained for general public remark at   under the Open up Governing administration segment.

In Might 2021, President Tokayev signed into law amendments which prohibit foreigners, folks without the need of citizenship, foreign legal entities and legal entities with overseas participation, Global corporations, scientific facilities with international participation, and repatriated Kazakhs from owning or leasing agricultural lands.

The place’s Management acknowledges the lack of judicial independence. In March 2023, the President enacted a regulation on reforming the judicial method that launched a fresh system for electing the chairmen of district courts and strengthened assures for your immunity of judges.

Russia’s war from Ukraine and the ensuing sanctions in opposition to Russia influenced Kazakhstan’s expenditure local weather. Kazakhstan shares a lengthy border and in depth financial ties with Russia. The GOK continues to express its commitment to comply with Western sanctions towards Russia. For much more than two several years considering the fact that Russia’s further more invasion of Ukraine, Kazakhstan’s economy has verified resilient, typically on account of favorable costs for its commodity exports.

Countrywide laws is enacted by the Parliament and President. The federal government, ministries, and native government administrations situation rules and government acts in compliance with national laws. Publicly listed companies adhere to Worldwide monetary reporting standards, but accounting and valuation methods are not usually in step with Worldwide website very best practices.

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

Там, где нарушаются принципы справедливости, — как в авторитарных, так и демократических странах, — коррупция все чаще остается безнаказанной, а в некоторых случаях даже поощряется, устраняя последствия для правонарушителей.

Standard nationwide strategies named “copyright” and “Anti-Fraud” aimed toward detecting and ending IPR infringements and growing public recognition about IP troubles, resulted during the seizure of two,295 units of counterfeited merchandise.

Спецификой деятельности Транспаренси Казахстан является преимущественная ориентация на исследовательскую работу, изучение международного опыта обуздания коррупции, освоение технологий и ресурсов, с целью адаптации апробированных инструментов и методик для использования в Казахстане.

The federal government has formulated a dispute resolution mechanism aimed at enabling aggrieved investors to seek redress without having necessitating them to litigate their promises. The federal government recognized an Investment decision Ombudsman in 2013 and in 2019 selected the Prime Minister to act in this function.

Cross-border transmission of knowledge is achievable if nations acquiring the information present adequate information security, as determined by the Kazakh authorities.

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