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’s new anti-corruption strategy must be better defined, involving key stakeholders, with targeted actions and goals that address the key corruption challenges facing the country, says a new OECD report by the Istanbul Anti-Corruption Action Plan (IAP).
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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.
Building on the sector competitiveness strategy published in May 2011, 3 policy handbooks outline practical steps for enhancing the competitiveness of non-energy sectors, including agri-business, fertilisers, logistics, business services and IT.
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 project examines how policies can support the integration of small and medium-sized enterprises (SMEs) into global value chains through creating and exploiting linkages between SMEs and Foreign Direct Investors (FDI). It involves assessments of current conditions and opportunities in three regions of Kazakhstan and makes recommendations for policy actions at national and local levels.
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.