Kazakh President signs series of laws

Kazakh President signs series of laws

Kazakhstan and China have agreed on the promotion and mutual protection of investments. President Kassym-Jomart Tokayev signed the relevant law on ratifying the agreement between the governments of the two countries. According to experts, the establishment of clear and transparent legal frameworks is expected to provide a strong stimulus for the inflow of high-quality investments into high-tech sectors and contribute to strengthening the country’s export potential. In addition, the Head of State signed a law on ratifying the Memorandum of Understanding between Kazakhstan and the International Monetary Fund regarding the Regional Capacity Development Center for the Caucasus, Central Asia, and Mongolia. The center is designed to enhance the professional skills and qualifications of employees of state agencies in the region in the areas of macroeconomic analysis, monetary policy, and financial regulation.