The Kazakh authorities have embarked upon an ambitious reform programme to improve the country’s framework for investment and strengthen the country as an attractive investment destination. This review, which was prepared in close cooperation with the Kazakh authorities in response to their 2012 request to adhere to the Declaration on International Investment and Multinational Enterprises (OECD Declaration), analyses the general investment framework as well as recent reform, and shows where further efforts are necessary. It assesses Kazakhstan’s ability to comply with the principles of openness, transparency and non-discrimination and its policy convergence with international responsible business conduct standards. Capitalising on the OECD’s multidisciplinary nature, this review also studies other areas such as the policy framework for the balancing of investor protection and the government's right to regulate, investment promotion and facilitation, SMEs policy, infrastructure development, trade policy and anti-corruption efforts. Since the first review ok Kazakhstan, in 2011, the authorities have made strides in opening the country to international investment and in improving the policy framework for investment. But additional efforts are required in some policy areas to strengthen Kazakhstan’s attractiveness for investors.
Kazakhstan is aware of the importance of innovation for its socio-economic development, including the diversification of its resource-based economy. Since the start of the millennium, Kazakhstan has put in place key components of a modern research and innovation system. This has helped improve scientific output and resulted in some successes in technology commercialisation. Further commitment and effort will be needed to strengthen innovation capabilities and make the most of Kazakhstan‘s advantages. This requires further reforms in order, notably, to strengthen the funding model of universities, intensify and broaden knowledge transfer, improve the governance of the research and innovation system, and increase the effectiveness of innovation incentives and policies, with a focus on implementation and evaluation.
The next OECD Eurasia Week took place on 22-24 November 2016 in Paris, France. This event creates an opportunity to further strengthen relations between the countries of the region and the OECD. It serves as a platform for a discussion on a broad spectrum of thematic issues relevant to further improving the region’s competitiveness.
National intellectual property (IP) systems can play a pivotal role in fostering innovation and knowledge diffusion. This report analyses Kazakhstan’s IP system with regards to its support of the country’s innovation performance. In particular, it assesses the organisation and governance of Kazakhstan's IP system as well as the needs and challenges faced by different groups of actual and potential IP users – ranging from universities and public research institutions to state-owned enterprises and small businesses. The review provides a comprehensive set of statistics describing the use of IP in Kazakhstan in recent years, identifies the system’s strengths and weaknesses, and presents a range of specific policy recommendations to address existing challenges.
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The first in a series of country reports targeting the Central Asia and South Caucasus region, Responsible Business Conduct in Kazakhstan provides concise and basic information to investors on the existing responsible business conduct expectations in Kazakhstan.
This Review assesses Kazakhstan's ability to comply with the principles of liberalisation, transparency and non-discrimination and to bring its investment policy closer to recognised international standards such as the OECD Declaration on International Investment and Multinational Enterprises.&l
This launch event presented preliminary findings from an OECD report on sector competitiveness in Kazakhstan which suggest that Kazakhstan has a strong competitiveness and FDI potential in key non-energy sectors such as agri-business, fertilizers, logistics, business services and information technology.