ASTANA, Kazakhstan, May 6. The Mazhilis of the
Parliament of Kazakhstan (the lower house) has ratified the
Agreement between the Government of Kazakhstan and the Government
of China on the promotion and mutual protection of investments,
Trend reports via the
Mazhilis .
The agreement, signed on June 16, 2025 in Astana, aims to create
favorable conditions for investment activities, stimulate the
inflow of foreign direct investment, and enhance the economic
well-being of both countries.
The document covers key provisions, including the definition of
core terms such as “investments” and “covered investments,” as well
as the provision of national treatment to investors and their
investments. It also guarantees most-favored-nation treatment and
ensures fair and equitable treatment, full protection, and security
of investments.
In addition, the agreement provides for non-discriminatory
treatment in cases of losses caused by armed conflicts or civil
unrest, transparency of legislation, and access to regulatory acts.
It also establishes mechanisms for the settlement of investment and
interstate disputes.
Under the agreement, neither party is allowed to expropriate or
nationalize investments, except under legally defined conditions,
on a non-discriminatory basis, and with mandatory compensation. The
document also foresees consultations and arbitration procedures for
dispute resolution.
