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The GRATA International Legal Series (the “GILS”) is a distinctive legal handbook, offering essential legal insights and practical tips for conducting business across jurisdictions where GRATA International operates.

Since gaining independence in 1991 and following the collapse of the Soviet Union, Kazakhstan has consistently looked outward foreign investors and strengthen its economy. The oil and gas sector remains one of the most attractive areas for many investors, especially for the major players from Europe and the United States. Although the economy has grown rapidly since 1991, Kazakhstan continues to pursue an investor- friendly course, as there are still many areas as agriculture, technology, financial services and others to be improved with the involvement of foreign investments.

Kazakhstan's enforcement regime for foreign arbitral awards presents unique procedural challenges that can derail even well-founded claims. This comprehensive analysis examines the interplay between the New York Convention and local procedural law, revealing critical distinctions between arbitral awards and state court decisions that Kazakhstani judges frequently conflate. Drawing from recent Supreme Court clarifications and documented judicial practice, the review identifies systematic errors in notificati