Kazakhstan can create court for disputes with investors
Astana, Kazakhstan, Oct. 20
By Daniar Mukhtarov - Trend:
Kazakhstan is considering the possibility of creating a court for disputes involving foreign investors, the Kazakh Supreme Court Chairman Kairat Mami said Oct. 20 at a briefing.
The briefing was held for the diplomatic corps with participation of the representatives of international organizations accredited in the country.
"The Supreme Court is examining the practicability of creating an independent court for reviewing the disputes involving foreign investors," he said. "The allocation of a separate panel of judges in the Supreme Court is being considered as an option."
Mami said this will make it possible to settle such disputes at a more professional level, and eliminate the potential influence of regional authorities on the courts.
"Naturally, the improvement of human rights protection mechanisms is not a matter of one day. The process is not easy, but this move shows our commitment to constructive interaction and creation of favorable conditions for foreign investments," Mami added.
Edited by CN