Presentation on theme: "1 MINEX C ENTRAL A SIA 2014 - K AZAKHSTAN: A NALYSING T HE P OLITICAL C LIMATE - I MPLICATIONS FOR M INING AND M INERAL E XPLORATION B Y M ICHAEL E. W."— Presentation transcript:
20 Methods of Settling Disputes Either Kazakh law, Kazakh courts or international arbitration. Foreign court judgments and orders are not enforceable in Kazakhstan, but arbitration awards are. Kazakhstan is a signatory to the New York Convention, ICSID Convention, Energy Charter and many bilateral investment protection treaties. Government is increasingly assisting on Kazakh law, Kazakh courts. Court system not reliable and difficult to recover adequate damages and costs.