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. Based on the OECD Policy Framework for Investment, the Review considers the interaction and coherence of investment policy with other areas such as investment facilitation, trade and competition policy as well as responsible business conduct practices critical for enhancing the investment climate.
Table of contents:
Preface Summary and Policy Recommendations Chapter 1.Foreign Direct Investment in Kazakhstan -Introduction -Recent FDI trends -Outward investments from Kazakhstan -Bibliography Chapter 2.Foreign Direct Investment Regime -Overall policy approach towards foreign investment -Horizontal policies affecting FDI -Sectoral restrictions on foreign investment -Measures based on national security considerations -Public monopolies -Privatisation process -OECD FDI Regulatory Restrictiveness Index for Kazakhstan -Bibliography Chapter 3.Kazakhstan’s Policy Framework for Investment -Introduction -Investment policy. -Investment promotion and facilitation -Trade policy -Competition policy -Infrastructure and financial sector development -Bibliography Chapter 4.Kazakhstan’s Policies Promoting Responsible Business Conduct -Introduction -General policies for promoting responsible business conduct -Disclosure -Human rights -Employment and industrial relations -Environment -Combating bribery, bribe solicitation and extortion -Consumer interests -Science and technology -Establishment of a National Contact Point -Bibliography Annex A.List of Kazakhstan’s Exceptions to National Treatment in the Meaning of the OECD Declaration on International Investment and Multinational Enterprises Annex B.List of Measures Notified by Kazakhstan for Transparency in the Meaning of the OECD Declaration and Decisions on International Investment and Multinational Enterprises Annex C.Bilateral Agreements on Mutual Protection of Investments Signed by Kazakhstan Annex D.Kazakhstan’s Participation in International Organisations and Adherence to International Agreements and Conventions Annex E.International Arbitration Cases Involving Kazakhstan
