Head of state signed law on business regulation
Private initiative and free enterprise have become key factors in the country's economic development and growth of the country's prosperity. Astana, whose 20th anniversary celebrates the whole of Kazakhstan, is a bright symbol of the success and effectiveness of our reforms," said the President of Kazakhstan.
The main goal of the amendments is the liberalization of the legislation in the sphere of business regulation, the law provides for a reduction of the state control functions by almost 30 percent. The important role is given to the preventive control institute that will prevent violations. The services of natural monopolies and the quasi-public sector are regulated," the head of state said.
In total, about 1000 amendments to 14 codes and 109 laws are made by the law, the logic of all these reforms fully corresponds to the main strategic course of the state - to create the most favourable conditions for business development. Today it is extremely important to open all possible "locks" for strengthening business activity and involvement in entrepreneurship wide range of people," said Nursultan Nazarbayev.
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The Presidents of the two countries have set a task to bring Kazakhstan-Uzbekistan co-operation to a qualitatively new level. We see a significant potential for increasing trade turnover and will make all necessary efforts to achieve high results of our interaction both in bilateral and multilateral formats," Olzhas Bektenov stressed.
The leaders of our countries have identified specific tasks on further expansion of multifaceted relations between the two countries. I express readiness to take all necessary measures to fulfil these tasks," Abdulla Aripov said.
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How EU carbon tax will affect Kazakhstan's industrial sector
Our producers have questions related to the new cross-border tax initiative. We support the EU’s goals for sustainable development and decarbonization, but these goals should not create obstacles to international trade", - said Nurlan Kulbatyrov.
The higher the hydrocarbon component in Kazakhstan’s exports, the higher the taxes and fees will be in importing countries. Therefore, it is necessary to develop an action plan for the modernization of technological production processes, to provide funds for their implementation, including budget funds", - said Ainur Amirbekova.
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