ASSESSMENTS

Kazakhstan Seeks Investment Amid Economic Woes

Jun 30, 2014 | 09:39 GMT

U.S. President Barack Obama holds a meeting with Kazakhstan's President Nursultan Nazarbayev in The Hague March 25, 2014.

(SAUL LOEB/AFP/Getty Images)

Summary

In July, the Kazakh government will begin implementing another series of legal reforms and investment plans meant to mitigate the growing economic pressures in the country. Though the changes are intended to attract investors, particularly in the energy sector, the Kazakh government will remain highly protective in its management of the economy and will retain the ability to pressure foreign firms at will.   

Despite policy changes meant to attract more capital, Astana's protectionism will hamper foreign investment. ...

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