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Bilateral investment treaties

Kazakhstan has concluded bilateral treaties on the encouragement and mutual protection of investments with 42 countries. Kazakhstan is also a party to a number of multilateral treaties concerning foreign investments (for example, the Energy Charter). Investment treaties provide for a number of guarantees to nationals of member countries, including most-favored-nation treatment, protection against discrimination, requisition and nationalization and the right to resolution of investment disputes by international arbitration in the absence of an arbitration agreement. By June 1, 2011 bilateral treaties on the promotion and mutual protection of investments exist with the following countries :
Austria
Azerbaijan
Belgium and  Luxembourg
Bulgaria
China
Czech Republic
Egypt
Finland
France
Georgia
Germany
Greece
Hungary
India
Iran, Islamic Republic
Israel
Italy
Jordan
Korea, Republic
Kuwait
Kyrgyzstan
Latvia
Lithuania
Malaysia
Mongolia
Netherlands
Pakistan
Poland
Qatar
Romania
Russian Federation
Serbia
Slovakia
Spain
Sweden
Switzerland
Turkey
Ukraine
United Kingdom
United States
Uzbekistan
VietNam
 
Certain industries are subject to foreign ownership restrictions whereby a foreign
shareholder may not own more than a certain specified percentage in the company.
For example, foreign companies may not own more than 20% of shares in local
mass media companies and more than 49% in local telecommunication companies
which operate long distance and trunk communication lines.
 
 

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