13 May 2026 18:56

Kazakhstan’s Ministry of Foreign Affairs has drafted a government resolution on the signing of an agreement between Kazakhstan and Türkiye on the mutual promotion and protection of investments. 

The document has been submitted for public discussion until May 29, 2026, Kazinform reports.

The draft agreement is aimed at establishing stable and predictable conditions for investors from both countries and enshrines key international guarantees, including fair and equitable treatment, national treatment, and most-favoured-nation status.

It also provides for full protection and security of investments, the free transfer of investors’ income, and safeguards against expropriation and nationalisation. A separate section outlines mechanisms for the settlement of investment disputes between investors and states, as well as between the governments of the two countries.

According to the explanatory note to the draft, the purpose of the agreement is to create favourable conditions for mutual investment and ensure legal protection for investors in both countries. The agreement will enter into force following the completion of all domestic procedures and the exchange of diplomatic notifications confirming that both sides are ready to implement it.

By  Vafa Guliyeva

Caliber.Az

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