IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2011 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 1 March 2011 the Government of the Republic of Kazakhstan approved Law No- 413-IV "On the State Property". Its article 177 provides for the possibility for an introduction of a golden share in a company. It can be owned by the Government or by a private shareholder and gives a right to a veto with regard to decisions of the general shareholder meetings, the Board of Directors and the executive body of the company (see the attached source WT/ACC/KAZ/93) .
The representative of Kazakhstan in the WTO (see the attached source WT/ACC/KAZ/93) has clarified that at present, the Government of the Republic of Kazakhstan did not own any such share.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.