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I.O'S ORDER. MINISTER OF FOREIGN AFFAIRS OF THE REPUBLIC OF KAZAKHSTAN

of March 17, 2023 No. 11-1-4/113

About approval of Rules of the conclusion, change and agreement cancelation about investments

(as amended on 10-05-2024)

According to Item 2 of article 295-2 of the Entrepreneurial code of the Republic of Kazakhstan PRIKAZYVAYU:

1. Approve the enclosed Rules of the conclusion, change and agreement cancelation about investments.

2. To provide to committee on investments of the Ministry of Foreign Affairs of the Republic of Kazakhstan in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Foreign Affairs of the Republic of Kazakhstan;

3) within ten working days after state registration in the Ministry of Justice of this order submission to Department of legal service of the Ministry of Foreign Affairs of the Republic of Kazakhstan of data on execution of the actions provided by subitems 1) and 2) of this Item.

3. To impose control of execution of this order on the supervising deputy minister of foreign affairs of the Republic of Kazakhstan.

4. This order becomes effective after ten calendar days after day of its first official publication.

Acting minister of foreign affairs of the Republic of Kazakhstan

K. Umarov

It is approved

Ministry of Agriculture of the Republic of Kazakhstan

 

It is approved

Ministry of Health of the Republic of Kazakhstan

 

It is approved

Ministry of Labour and Social Protection of the population of the Republic of Kazakhstan

 

It is approved

Ministry of science and the higher education of the Republic of Kazakhstan

 

It is approved

Ministry of the industry and infrastructure development of the Republic of Kazakhstan

 

It is approved

Ministry of Finance of the Republic of Kazakhstan

 

It is approved

Ministry for Culture and Sports of the Republic of Kazakhstan

 

It is approved

Ministry of Public Education of the Republic of Kazakhstan

 

It is approved

Ministry of Trade and integration of the Republic of Kazakhstan

 

It is approved

Ministry of national economy of the Republic of Kazakhstan

 

It is approved

Ministry of digital development, innovations and aerospace industry of the Republic of Kazakhstan

 

It is approved

Ministry of Ecology and Natural Resources of the Republic of Kazakhstan

 

It is approved

Department of Energy of the Republic of Kazakhstan

 

 

Approved by the Order of the Acting minister of foreign affairs of the Republic of Kazakhstan of March 17, 2023 No. 11-1-4/113

Rules of the conclusion, change and agreement cancelation about investments

Chapter 1. General provisions

1. These rules of the conclusion, change and agreement cancelation about investments (further – Rules) are developed according to Item 2 of article 295-2 of the Entrepreneurial code of the Republic of Kazakhstan (further – the Code) and determine procedure for consideration, the conclusion and agreement cancelation about investments.

2. In these rules the following concepts and determinations are used:

1) authorized body on investments – the state body of the Republic of Kazakhstan performing management in the sphere of realization of state policy on investment attraction;

2) the investment agreement – the contract for implementation of the investment project signed based on the decision of the Government of the Republic of Kazakhstan between person authorized by the Government of the Republic of Kazakhstan, and the applicant, providing implementation of investments in the amount of at least seven and a half millionnokratny sizes of the monthly settlement indicator established by the law on the republican budget and operating for January 1 of the corresponding financial year (further – the agreement);

3) the investor – the legal entity who signed the agreement and realizing the investment project within such agreement;

4) council on questions of attracting investors (further - the Investment headquarters) – the advisory advisory body under the Government of the Republic of Kazakhstan created for the purpose of development of offers and recommendations the about investment projects studied in the territory of the Republic of Kazakhstan and directed to activization of work with potential investors within state policy on investment attraction including taking into account conditions suspensive and also considerations of questions according to the investment projects requiring decision making at the level of management of the Government;

5) the commission on negotiation – the working body created by the decision of authorized body for study of questions on agreement signature;

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