Dispute Resolution Centers In Kazakhstan

Kazakhstan recently opened its doors to the new Astana International Financial Centre (the AIFC). The AIFC specifically aims towards the financial and professional services growth. The AIFC is a full speciality Kazak Free Zone, comprising of the institutions and the ever-growing commercial companies as well as the international firms. This will cover all the banking and finance aspects inclusive of the capital markets, private banking, asset management and Islamic finance. The official language of AIFC is English. This initiative is towards the aim of attracting international investments.

The AIFC is focusing on the regions of Central Asia, the Eurasian Economic Union and Mongolia. The AIFC is a part of the country's participation in the 'One Belt, One Road' development and investment strategy. With its legal framework determined by the Constitution of the Republic of Kazakhstan, it makes applications towards the commercial and civil law and extends beyond the territories of the AIFC till...