...of Kazakhstan is the largest economy in Central Asia. Kazakhstan is a growing economic power with a strong resource base. It is important to world energy markets because it has significant oil and natural gas reserves. The country has 3% percent of the world’s raw materials and a natural resource base of over $300,000 per capita, which is among the highest in the world. Oil plays a big role in Kazakhstan. With nearly 40 billion barrels in reserves and 2% of global production, the country has the world’s ninth largest proven reserves and is among the 20 largest oil producers. It has 4% of the global iron reserves, 8% percent of the world’s zinc reserves and 4% of the world’s chrome reserves. Kazakhstan's strategic aspiration is to become a modern, diversified economy with a high value added and high-tech component, well integrated in to the global economy. Energy sector is viewed as a good basis to achieve this goal! Oil and gas is the leading economic sector. Oil and gas area occupy the territory about 1,7 million sq. km (approximately 62 % of territory of Kazakhstan). There are 172 oil fields and 7 main gas fields. In Kazakhstan the proved reserves is near 2,8 billion tons of oil and 1,8 bln. cubic meters of gas. Kazakhstan is estimated to have around 30 billion barrels of crude oil reserves, which place it eleventh in the world. Example: in 2006, Kazakhstan produced 54 million tons of crude oil and 10.5 million tons of gas condensate, which makes Kazakhstan eighteenth-largest...
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...Kazakhstan Report Two Tyler Hoffman HUMN305-U4FF Kate Davis 3/24/16 Kazakhstan, like many places around the world, is facing many different issues. Issues such as migration, religious needs, and women’s rights. All these factors make up large concerns for developing states and Kazakhstan is right in with them. Although they are taking steps to ensure that their culture and way of life will not be impacted by such things, but rather enhanced by them. By creating a more unified nation. Migration, immigration and emigration have played major roles in every country. Kazakhstan is no stranger to this. Kazakhstan is a country that evolved from all three of these. As a former nation of the Soviet Union, and being a neighbor to Russia, there is a large makeup of Russian people within Kazakhstan. In fact over two million people living in Kazakhstan are originally from Russia. This, of course, makes sense. As the collapse of the Soviet Union left people without jobs and income, they had to go elsewhere in order to try to make a living and with Kazakhstan, a nation that would now be developing, being so close it made sense for them to emigrate from Russia into Kazakhstan. Even though Russian is the largest demographic of immigrants in Kazakhstan, the country has a wide variety immigrants from other countries as well. Countries such as Germany, Ukraine and Uzbekistan make up three of the largest demographics in Kazakhstan (World Migration, 2015). Kazakhstan, even with its vast...
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...Administrative organs in Kazakhstan. Table of Contents 1. Introduction 2. Legal System of Kazakhstan 2.1. Constitution of the Republic of Kazakhstan 2.2. Constitutional Laws 2.3. Codes 2.4. Other Normative Acts 3. State Order in the Republic of Kazakhstan 3.1. Presidency 3.2. Parliament 3.3. Government 3.4. Constitutional Council 3.5. Judicial Authority 3.6. Local Public Administration and Self-Administration 1. Introduction The Republic of Kazakhstan is a transcontinental country located in Central Asia and Eastern Europe. The territory covers 2, 7 million square kilometers and country is ranked as the 9th largest territory in the world. It is neighbored clockwise from the north by Russia, China, Kyrgyzstan, Uzbekistan, Turkmenistan and also borders on a significant part of the Caspian Sea. The population is approximately 17 million people, including Kazakh, Russian, Uyghur, Ukrainian, Uzbek, and Tatar. Approximately 63% of the population consists of Kazakhs. The capital city was Almaty up until 1997, when it was changed to Astana. The official state language is Kazakh. In state institutions and local self-governing bodies, Russian language is used on equal grounds with the Kazakh language. According to the 2009 census, 70.2% of the population is Sunni Muslims, followed by 20.6% Orthodox Christians, 0.1% Buddhists, 0.2% others (mostly Jews), and 2.8% non-believers. The Kazakh khanate was formed in the 15th century and had 3 tribal divisions...
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...1-4 NOVEMBER 2011 Almaty, Kazakhstan www.worldfood.kz The 14th Central Asian International Exhibition WorldFood Kazakhstan 2011 – FOOD INDUSTRY Post Show Report PAVILION 11 – Food, Drinks Equipment and Technologies Ingredients, Supplements, Spices Packaging, Tare and Labels Official Support Ministry of Agriculture, Republic of Kazakhstan KAZAGRO National Managing Holding Kazakhstan Union of Farmers Kazakhstan Union of Poultry Farmers Meat and Dairy Union of Kazakhstan Almaty City Administration Official Exhibition Opening Ceremony 1 At the Official Opening Ceremony, guests and exhibitors were greeted by: 1. Saken KALKAMANOV – Press Secretary, KAZAGRO National Managing Holding 2. Ruslan SHARIPOV – President, Kazakhstan Union of Poultry Farmers 3. Nelli SALIKHANOVA – Deputy Chairperson, Kazakhstan Union of Farmers 4. Wieslaw Osuchowski – Titular Ambassador, Polish Consul General in Kazakhstan 5. Vladislav KLOCHKOV – Consul Advisor, Russian Consulate General in Almaty 6. Vyacheslav KRASIENKO – Bishkek City Vice Mayor 7. Yuri BORODIKHIN – Executive Director, Iteca LLP Exhibition The total exhibition area of WorldFood Kazakhstan 2011 was 5,893.2 sq. m (in 2010 – 5,007.6 sq. m). Traditionally, four exhibitions were presented: WorldFood – Food and Drinks, WorldFoodTech – Equipment and Technologies, Ingredients – Ingredients, Supplements and Spices, and KazUpack – Packaging, Tare and Labels. All topics were subdivided into sections and pavilions. Simultaneously...
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...Chairmanship of Kazakhstan in OSCE The Organization for Security and Co-operation in Europe (OSCE) is the world's largest security-oriented intergovernmental organization. Originally in 1975 there was a Conference on Security and Co-operation in Europe (CSCE) held in Helsinki, Finland. It includes issues such as arms control and the promotion of human rights, freedom of the press and fair elections. It has 550 headquarters staff and about 2300 field staff. The OSCE deals with early warning, conflict prevention, crisis management and post-conflict rehabilitation. Its 57 participating states are located in Europe, Asia and North America and cover most of the land area of the Northern Hemisphere. It was created during the Cold War era. The six official languages of the OSCE are English, French, German, Spanish, Italian, and Russian. Political direction of organization is given by heads of state or government during summits. Summits are not regular or scheduled but held as needed. The last summit took place in Astana (Kazakhstan), on 1 and 2 December 2010. It was the first time when the Organisation has been led by a post-Soviet, Asian and Muslim country. At the same time the OSCE, whose mission is promoting democracy, is being chaired by an authoritarian state. Kazakhstan has been entrusted with the OSCE’s chairmanship because our country within less than twenty years of independence, has modernised and reached an economic development, it has ambitious foreign policy...
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...i) Historical development The People's Republic of China and Kazakhstan formed diplomatic relations on January 3, 1992. The two nations signed their first boundary agreement in April 1994, a supplementary agreement in September, 1997, and their second supplementary boundary agreement in July 1998 to mark their 1,700 kilometers (1,100 mi) shared border. In 1993, the President of Kazakhstan Nursulta Nazarbayev made an official visit to Beijing at the invitation of the then-Chinese President Jiang Zemin. Since then, the leaders of China and Kazakhstan have frequently exchanged high-level official visits. In 1996, both nations became co-founders of the Shanghai Cooperation Organization. Aimed at bolstering regional partnership on regional security, economic development and fighting terrorism and drug trafficking amongst Central Asian nations, Kazakhstan and China become co-founders of the Shanghai Cooperation Organization (SCO).In developing ties with China, Kazakhstan aims to balance the geopolitical and economic influence of its northern neighbour Russia. However, potential conflicts exist around China's the cultural ties between the Kazakh people and the Uighurs of China's Xinjiang province, which could influence a Uighur separatist movement. China also aims to prevent the growth of U.S. influence in the region and the possible establishment of American air bases in Kazakhstan. In 1997, both nations signed an agreement to reduce the presence of military forces along the...
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...possibility of benefit from the advantages of cross-national business operations, that is, from the fact that the sale of certain goods in another country, or establishing the production of the firm based in one country in the other one, ensure the high benefits to the involved business parts than they would have had, running business only in their countries. In this work apart from the general integral summery of each of the sectors needed to study, also the history and specific features of the relationship between the Republic of Kazakhstan and the Republic of Uzbekistan are presented to fully understand the competitive advantages and to adequately assess the risks of doing business in the Republic of Uzbekistan. As of today, the relationships between the Republics are legally regulated. The main document regulating the relations between the two states is the Treaty on Eternal Friendship between the Republic of Uzbekistan and the Republic of Kazakhstan dated 31 October 1998.Juridical base of cooperation between the two countries is composed by 116 interstate, intergovernmental and interdepartmental documents, which cover almost all spheres of life. Only in trade and economic cooperation 68 documents are signed, including agreements of free trade, promotion and reciprocal protection of investments, avoidance of double taxation, etc. Economics Despite a significant decline in the share of agriculture in GDP - from 37% in 1991 to about 18% in 2009, this sector continues to play...
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...Every nation is rich in ancient culture. And in this most sacred wealth of folk wisdom, which is passed from mouth to mouth. Kazakh nation rich in its customs, traditions, poetry and musical creativity: aytys, bard, edifying words. That just did not survive the people, no matter how thorny his way, though he did not lose the collected bits of old culture and folk wisdom. The mentality of the Kazakh people is based on the trilogy in language, memory and culture as sung in the songs. The people paid special attention to education of the young generation. From an early age they pawned a sense of patriotism, love of country, respect for elders, support youth. The role of grandparents in the upbringing, which, pampering and loving grandchildren, telling them stories, legends, true story of the brave men, bis, and thus is born in them a sense of imitation, love of work empathy, responsibility, morality. A grandfather required knowledge by heart seven generations of ancestors, in order not to spoil the blood. People brought up children, gradually accustomed to labor, to the subsequent generation of grown-up have taken care of the elders. The environment also influenced the formation of the person, so the children were taught to choose the right friends. If there are not good friends, then parents try to save their child. And one of the important aspects in the education of every child is the desire to achieve the goal. Mistakes senior strictly pointed at them, but they are also gently...
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...Mergers and Acquisitions in Kazakhstan in banking sector from 2008 to 2010 Home Credit Bank. Home Credit Bank has been established on the basis of the acquisition of International Bank Alma-Ata which existed since 1993. In September 2008, the Dutch company Home Credit BV acquired a minority stake in a small Kazakhstani International Bank Alma-Ata (IBA). The main holding of shares belongs to Czech investor Richard Benishek (90.1%). In November 2008, International Bank Alma-Ata was renamed to Home Credit Bank. This deal for Home Credit BV was an opportunity to expand to Kazakhstan market and increase the number of clients. Temirbank. Temirbank was founded in 1992 as a specialized railway bank. By early 1995, the state share in charter capital of Temirbank was 18%. In March 1995, a resolution on the sale of the state-owned shares was adopted by the government. As a result, the bank became completely privately-owned. At the beginning of 2009 Temirbank was in a quandary due to the global financial crisis of 2007-2008. In accordance with the law on financial obligations, the FSA made an offer to the government to buy back a controlling stake in the bank. In the deal, the government was represented by JSC National Welfare Fund SamrukKazyna which acquired 75.10% stake in Temirbank. Alliance Bank. Alliance Bank dates back to 1993, when one of the first regional banks in Kazakhstan – Irtyshbusinessbank was founded in the city of Pavlodar. On July 13, 1999 Irtyshbusinessbank merged with...
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...Time management at a workplace in Kazakhstan Akhtanova Madina Suleyman Demirel University Kazakhstan, Kaskelen Faculty of Economic and Administrative Sciences Specialty: Finance Email: madina-akhtanova@mail.ru Abstract Nowadays conditions of rapid rise of competition around the world induce companies to pay attention to absolutely new fields of management. This research concentrates on the field , called Time management. The paper here looks at whether Kazakhstan companies use and have good time management techniques and if they apply Stephen R.Covey’s popular theory of The Seven Habits of Highly Effective people. The purpose of this study is to examine the omissions of Kazakhstan companies in this issue and find the ways of correction. The sample of 85 companies, locating in Almaty, Astana, Shymkent and Aktobe has chosen to participate in this research. Data was collected through the results of well-constructed questionnaires and by the agency of general managers of companies. Questionnaire was distributed to all potential respondents. A total of 76 companies returned the completed questionnaire. The finding shows that most companies have placed low emphasis on company time management. In addition, the results identifies that only small portion of companies are familiar with the book «The Seven Habits of Highly Effective people» by Stephen Covey. With greater competition in the globalized market, this research implicates that Kazakhstan companies also should give greater...
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...type-written assignment Student: Aliaskar Batyrbek Student ID: NE/WICKL/UWIC/BABS/1011/0117 Assignment Topic: An investigation study of development of oil and gas industry in Kazakhstan Table of Contents 2 Introduction 4 2.1 Country Profile 4 2.2 History of industry 4 3 Research Objectives 5 4 Literature Review 6 4.1 Geographic Factor 6 4.1.1 Major Oilfields 8 4.1.2 Export Operating Pipelines 9 4.2 Government Policies 11 4.3 Financial Factor and R&D Factor 12 4.4 Market Prospects 14 4.4.1 Market players 14 4.4.2 Production 15 4.4.3 Consumption 16 5 Research Methodology 18 6 Time Scale / Gantt Chart 19 7 References 20 Figure 1 4 Figure 2 (KMG, 2012) 5 Figure 3 (BP, 2012) 5 Figure 4 (European Dialogue, 2012) 6 Figure 5 (BP, 2012) 6 Figure 6 (CIA, 2012) 8 Figure 7 (Centre for Global Energy Studies, 2012) 9 Figure 8 (Centre for Global Energy Studies, 2012) 9 Figure 9 (The Agency of Statistics of the Republic of Kazakhstan, 2012) 10 Figure 10 (S. Arkhipov., W. Brennan., G. Elfond., N. Lv., A. Omarova., 2010) 12 Figure 11 (BP, 2012) 14 Figure 12 (BP, 2012) 14 Figure 13 (BP, 2012) 15 Figure 14 (BP, 2012) 15 Figure 15 (EIA, 2012) 15 Figure 16 17 Figure 17 18 Introduction Country Profile Kazakhstan is a country, located in Central Asia. It is the largest landlocked...
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...Over the last few years Kazakhstan has implemented foreign policies aimed to improve relations with a vast array of new geopolitical actors, besides common partners such as Russia, on which the Central Asian country was formerly heavily dependent. Using its huge potential in the hydrocarbon industry, Kazakhstan has managed to rise above all other Central Asian states in terms of political and economic importance and has turned its eyes to China as an important and powerful partner for cooperation in the economic, political, and security spheres. This article on Kazakhstan and China was written by Fabio Belafatti, and originally published by our knowledge partner "Equilibri" at the following address: http://www.equilibri.net/nuovo/sites/default/files/focus_belafatti_china%20kazakhstan.pdf The “Kazakh path” (with its contradictions) and Kazakh-Chinese relations In recent years Kazakhstan has become an important actor in regional international relations in Central Asia. The country's improvements have been underscored by international observers in many occasions. It is undeniable that compared to the rest of the region, Kazakhstan shows much higher levels of development. In purely macroeconomic terms, Kazakhstan’s economy is the largest in Central Asia and has shown very high growth levels for many years, recovering very fast when hit by the world economic crisis. In broader terms, Kazakhstan’s success is underscored by the fact that it is the only country in the region...
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...China and Eurasia Forum Quarterly, Volume 7, No. 1 (2009) p. 47-59 © Central Asia-Caucasus Institute & Silk Road Studies Program ISSN: 1653-4212 China-Central Asia Trade Relations: Economic and Social Patterns Sadykzhan Ibraimov* ABSTRACT The aim of this article is to study China’s economic presence in Central Asia and its main involvements in raw materials, transport routes, opening of markets and free economic zones, and small and medium-scale projects. It must be noted that over the years from 1992 to 2007, the highest trading volumes were between China and Kazakhstan, which represented from 80 to 86 percent of all Chinese-Central Asian trade. This growing economic cooperation has a social impact on the development of a Central Asian business diaspora based in Xinjiang. China also demonstrates its capacity to use local corruption schemes and internal Central Asian weaknesses in its own interests: From the earliest years of independence, smuggling with China, especially the export of metals and the import of consumer goods, has proved to be a very profitable venture for Central Asian high-level officials. Keywords • China-Central Asia Trade • Xinjiang • Business Diaspora • Shuttle Trade • Corruption Introduction The main difficulty in the study of economic relationships between China and Central Asia is the lack of reliable or complete information. Many reasons can explain this fact. The Central Asian states, first of all, do not publish information...
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...[pic] CHINA’S POLICY TOWARDS CENTRAL ASIA Muddassir Ali Khan M.A International Relations 2010-12 Abstract The emergence of five central Asian states Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan is result of the disintegration of Soviet Empire. These states are full of natural resources like gas and oil. They have adopted “open door policy” to exploit the enormous wealth of natural resources .They engineered this policy to ensure internal development, strong economy and better foreign relations. In this regards her neighboring country china also there to fulfill the huge needs of energy, to contain U.S. influence in this region, counter terrorism, and make this region as strong economic market, china’s make better policies to achieve these goals and try to enhance better relations with these Central Asian States. The disintegration of Former Soviet Socialist Republics (USSR) in 1991 and the five independent central Asian republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan opened up phenomenal opportunities for china to exercise its influence in the central Asian region. These states attracted the world, primarily for its vast energy resources and other raw materials. The geo-economic and geo-strategic im to enhance its economic ability, strengthen its security to fulfill the Chinese principle of foreign policy...
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...You’re Name -----> Don’t write your name here Professor Course 27-Sep-15 Capital Budget Analysis On 18th June, 2015, The Ritz-Carlton Hotel Company, L.L.C. along with Verny Capital, a Kazakhstan based private investment group, have signed a mutual agreement for the establishment and development of The Ritz-Carlton based in Astana. The luxury hotel is going to be opened in the year 2017 as the second hotel in Kazakhstan of the group’s portfolio, with The Ritz-Carlton, Almaty formerly commencing in 2013. The Ritz-Carlton, Astana is going to be the unique international luxury ownership among hotels in the Kazakhstan, carrying its isolated target service values, with comfortable lodgings and experiences to the Kazakh city. Being Situated in the famed project of Talan Towers, the hotel is to be designed to lodge 20 floors of the 27 partition constructed by New York based SOM architects. With 157 extravagant guest rooms along with suites, the hotel residents can also avail Ritz-Carlton Club accommodation with special access to a Lounge of the Club. Restaurants at the property will comprise of a Sky Bar in addition to a restaurant, private dining areas and Cigar Bar. Business class and business meeting services at the hotel includes a Ballroom spread to an area of 990 square meter, constructed for covering social events in addition to personal/business conferences, breakout rooms and also board rooms. The Group has about US$4 billion of capital under supervision. The project is expected...
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