Consultant Editor, Marat Terterov
The Republic of Kazakhstan continued to assert itself as a dynamic transitional economy and attractive emerging market during 2005. With economic growth of 9.4% in 2004, the country’s economic expansion continued as a result of increased oil and gas production spurred by rising global demands for energy. While Kazakhstan is attractive to international energy companies, the energy sector is not the only source of investor interest, with over $1.5 billion of investment projects currently underway. President Nazarbayev’s re-election in December 2005, while not indicative of a fully-fledged democracy, continues to create a strong semblance of political stability in Kazakhstan, which is vital for attracting investment and facilitating growth.
Table of Contents
Guest Author’s Introduction: Kazakhstan Political Economy in 2005 by Doug Townsend, Senior Advisor, International Tax and Investment Centre, London;
1. Kazakhstan’s Foreign Investment Climate;
2. Key Trends in Kazakhstan’s Energy Sector;
3. Energy Sector Legal Analysis: The Limits of Stabilization Rights under Subsoil Use Contracts and Effect of De-Stabilizing Clauses with Respect to Mandatory Payments;
4. Recent Legal Developments in Kazakhstan’s Business Legislation;
5. Legal Analysis: Changes in Aspects of Kazakhstan Legislation Affecting International Transaction Financing;
6. Amendments to the Law “On Labour in the Republic of Kazakhstan”
Contributors
International Tax and Investment Centre, London; Oppenheimer Technical Assistance Consultancy, Oxford; Salans, Almaty, Kazakhstan.
Publication Date:01 December 2006 / 55 pages / ISBN: 1846730104
Price: $340.00
