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Kazakh President Nazarbayev says power won’t be family business

Kazakhstan Materials 24 November 2016 10:14 (UTC +04:00)
Kazakh President Nursultan Nazarbayev said he won’t hand power to his children to succeed him.
Kazakh President Nazarbayev says power won’t be family business

Kazakh President Nursultan Nazarbayev said he won’t hand power to his children to succeed him.
“I’m not envisaging succession for my children, I don’t think that’s a question for us,” Nazarbayev said in a Nov. 22 interview with Bloomberg. “Our transfer of power is spelled out by the constitution,” while he won’t say anything now about a successor, he said.

“Until 2020, I’m going to work. And we’ll meet again in 2020,” said Nazarbayev, who won another five-year mandate in a 2015 election.” Nazarbayev, who’s ruled since 1989, said he’ll decide whether to seek a new term based on his health and the level of public support.

Trump’s Plans

“Everyone’s interested in stabilizing and helping increase oil prices,” amid signs of consensus among members of the Organization of the Petroleum Exporting Countries to curb oversupply, and Russian support for production limits, Nazarbayev said.

Metals prices will also “rise sharply” on U.S. President-Elect Donald Trump’s plans to revive domestic industry and boost infrastructure spending, which is “what we need,” Nazarbayev said. “I’m looking forward not to the worst but to the best in the future, starting from next year.”

He praised Trump for saying “a very important thing -- that there’s no need to spread American values across the whole globe” to promote democracy. “The best democratization, say of Russia and all countries, is to have the West in friendly relations with all of us,” Nazarbayev said.

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