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ARTICLE · 20 APRIL 2017

The Regulations, Permits And Laws

Mayer Brown
Mayer Brown
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The ninth largest country in the world, Kazakhstan stretches from Eastern Europe to Asia across an area the size of Western Europe.

KazakhstanInternational Law

Co-authored by Zhanna Temirbayeva, Managing Consultant, Hill International (UK) Ltd

The ninth largest country in the world, Kazakhstan stretches from Eastern Europe to Asia across an area the size of Western Europe. It is rich in natural resources, with huge economic potential. Recent years have seen a series of economic reforms and privatizations, and the IMF's April 2016 World Economic Outlook report forecasts Kazakhstan's GDP growth to rise to 4.9% by 2021. On 30 November 2015, Kazakhstan became the 162nd member of the World Trade Organization (WTO), the culmination of a 20-year long negotiation of its accession terms. Unsurprisingly, Kazakhstan is attracting interest from international investors. So what are key issues for those wishing to do business there?

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