
from
EIU World Investment Service43 page (19208 word) report
published Nov 22, 2009
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EIU World Investment Service
...Nursultan Nazarbayev, the current president and formerly the first secretary of the Communist Party of the Kazakh Soviet Socialist Republic, has ruled Kazakhstan since its independence from the Soviet Union in 1991. Since 1995 Mr Nazarbayev has steadily increased his control over Kazakhstan's political structures, which has allowed him to secure re-election several times, the most recent presidential election being in December 2005. Parliament approved amendments to the 1995 constitution in May 2007, and the parliamentary election due in 2009 was brought forward to August 2007, ostensibly to allow these changes to come into effect. The most notable amendment was that removing all term limits on Mr Nazarbayev, thereby paving the way for him to remain president for life. His position has been bolstered by the fact that his party, Nur Otan (Light-Fatherland), won every seat available for election in the new parliament, making it Kazakhstan's first one- party parliament since independence....
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| Source: | World Investment Data and Forecast
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| Country: | Kazakhstan
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| Free Sample: |
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| Format: | | PDF |  |
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Essential support for all your foreign investment decisions. World Investment Service features a detailed database containing flows of investment by country and industry, overseas mergers and acquisitions and business costs. The service covers the world's 60 largest economies and provides detailed analysis on political and economic background, business environment, foreign investment regulations and trends in foreign investment.