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Financing Agribusiness in Kazakhstan: Key Legal Challenge
Kazakhstan is among the world’s top 10 exporters of wheat which is by far the country’s most important agricultural commodity, well-known for its modernization of harvesting techniques.
Major Kazakhstan legislation changes for 2015
In keeping with GRATA’s practice of informing clients regarding important legal developments that might influence their business, allow us to draw your attention to the following changes in Kazakhstani legislation that occurred during 2015.
Commercial code review
On 29 October 2015, the President of the Republic of Kazakhstan signed the Commercial Code of the Republic of Kazakhstan.
Kazakhstan has adopted a new Law ‘On Public-Private Partnership’
In the Address, dated 29 January 2010, ‘New Decade - New Economic Growth - New Opportunities for Kazakhstan’, the President of the Republic of Kazakhstan – N.A. Nazarbayev, said, in particular: “A huge potential to attract private investments belongs to the public-private partnership mechanism. We have launched this mechanism in Kazakhstan, but it requires improvements in accordance with the best international practice”.
Legal framework of securities market (including IPO and Eurobonds) in the Republic of Kazakhstan
Kazakhstan’s legal system is a civil law system similar to the systems in most other former Soviet jurisdictions. Its laws are contained in the Constitution, various codes, laws, edicts, decrees (having the force of law), regulations, instructions, orders and other normative acts of the Republic of Kazakhstan.
Bankruptcy or Restructuring? The Dilemma of a Creditor and a Debtor in Kazakhstan
Presentation of Shaimerden Chikanayev, Partner of GRATA International: 'Bankruptcy or Restructuring? The Dilemma of a Creditor and a Debtor in Kazakhstan'.
Interview of Yerbolat Yerkebulanov in the “Drilling Solutions” No. 3 (October 2015)
Counsel at the law firm GRATA International talks about the specifics and prospects for the development of the system of state regulation of subsoil users
Parallel import remedies: Russia and Kazakhstan
The issue of 'parallel import', i.e. importation and(or) sale in any country of original trademarked goods, which were not put by the exclusive right holder into civil circulation in this country, and remedies applicable by the rightholders, directly relates to the key aspects of regulation of trademark rights such as
Natural monopolies regulation in Kazakhstan
Importance of so-called natural monopolies in Kazakhstan can be seen in the fact that some of Kazakhstan's largest and most powerful corporate empires, such as the Kazakhstan Electricity Grid Operating Company (KEGOC) (national transmission grid operator), KazTransOil (national oil transporter in Kazakhstan accounting to 80% of all oil transported in the country) and National Company Kazakhstan Temir Zholy (the national railway company of Kazakhstan) are officially subject to natural monopoly regulation.