Kazakhstan’s draft new Constitution is attracting
international attention, with foreign media and experts actively discussing the
text of the country’s Basic Law. Michael Harms, Managing Director of the German
Eastern Business Association, believes that the proposed provisions could
enhance the predictability of Kazakhstan’s business environment and make it
easier for investors to understand. Enshrining these provisions at the
constitutional level underscores the consistency of the chosen course. The
expert also emphasized that, for international businesses, transparency of the
rules and confidence in their long-term stability remain decisive factors. These elements are precisely
what build trust in the market and create a solid foundation for attracting
investment.
«The permanent improvement of the investment climate
and securing especially predictability for business is a major task of any
country. Kazakhstan has improved the business climate over the last years and
that President Tokayev is clearly committed and very seriously committed to
this improvement. I'm absolutely sure that the proposed steps will also serve
this overall goal for the Kazakhstan government,» said Managing Director of German Eastern Business Association Michael
Harms.
According to Member of the European Parliament Vilis Krištopans, introducing a unicameral Parliament, the Kurultai, in Kazakhstan is a timely and well-founded initiative that will simplify the legislative process. He also expressed a positive view of other proposed reforms, in particular the creation of the Vice President position and the holding of a referendum on the adoption of the country’s new Constitution.
«I really like that you’re simplifying
Parliament to a single level. This will make passing laws easier, and in
general, I’m always in favor of reducing bureaucracy. It’s also very positive that the People’s Council is planned –
that’s another aspect of democracy. And the most commendable thing is the
referendum. If a referendum takes place on March 15, it
means the people will decide, not someone at the top,» said Member
of European Parliament Vilis Krištopans.
Related Articles
