May 21, 2021, Nur-Sultan, Kazakhstan – Today, the Kazakhstan Rule of Law Program organized an online discussion on investment legislation and investment courts. The Kazakhstan Rule of Law Program is funded by the United States government through the U.S. Agency for International Development (USAID), and implemented by ABA ROLI in cooperation with the Supreme Court of the Republic of Kazakhstan.
The Investment Forum brought together judges, international experts, government representatives and members of the legal community to discuss reforms to investment legislation. At the end of the discussions, participants developed recommendations for the Government of Kazakhstan to improve legislation and judicial practices that regulate investment. The recommendations cover the following topics: investment dispute resolution; implementation of the Administrative Procedural Code; and protection of investors’ interests within tax disputes.
William Moser, U.S. Ambassador to the Republic of Kazakhstan, opened the investment forum. Ambassador Moser noted: “A key factor in drawing investors, both foreign and domestic, to the Kazakh market is ensuring the rule of law. Investors seek stability, predictability and basic fairness in determining where to invest.” International experts from the United States, the United Arab Emirates and Germany shared best practices and international experience in the transparent resolution of investment disputes.
The Annual Investment Forum served as a platform for participants to share their expertise to improve Kazakhstan’s investment regulatory system.
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