Today, Mazhilis of the Republic of Kazakhstan Government accepted a draft Law of the Republic of Kazakhstan on ratification of the Agreement between the Republic of Kazakhstan and Japan on investments encouragement and protection.
The Agreement is signed on October 23, 2014 in Astana in the course of the 5-th session of Joint committee of governmental and private sectors of Kazakhstan and Japan on economic cooperation.
The Parties have been waiting for this Agreement to be signed for 18 years.
The Agreement is aimed at creation of favourable legal framework and protection of investments, on improvement of investment climate and further strengthening of mutually beneficial trade and economic cooperation between countries.
In general, for the period between 2005 and 2014, gross influx of straight investment from Japan to Kazakhstan made $ 4,5 billion.