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New opportunities for investors: obtaining subsoil use right for hydrocarbons through auction
If an investor wishes to commence oil and gas activity (exploration/production) in the Republic of Kazakhstan (“RoK”), it shall obtain a relevant subsoil use right (“SUR”), which is formalized by execution of a relevant subsoil use contract (“SUC”).
Legal summary of the Corporate governance code of Mongolia
The issue of a corporate governance started to receive attention in Mongolia since the year 2000, and it is viewed that development of corporate governance in our country is important for creation of appropriate conditions for sustainable and proper management and organisation of companies, in particularly of publicly listed companies, so that trust bonds between shareholders and companies is maintained and ability of companies to attract investment is improved.
Enforcement of foreign arbitral awards by Constitutional Court of the Republic of Azerbaijan
On 15 April 2019 Azerbaijan’s Constitutional Court (“CC”) adopted a decision on invalidation of the decision of the Supreme Court (“SC”) on refusal to recognise and enforce an arbitral award which was issued by the Korean Arbitration Council.
23.05.2019
E-residency in Estonia - an affordable service for Moldovan entrepreneurs
Igor Popa, a Senior partner at the Popa & Associates, the associate office of GRATA International in Moldova, spoke in an interview with BizLaw about the opportunities of the E-residency service in Estonia for Moldovan entrepreneurs.
22.05.2019
Alert on main changes and amendments to the legislation of the Republic of Belarus
GRATA International law firm provides you with a brief alert on main changes and amendments to the legislation of the Republic of Belarus.
Uncontrolled growth of ‘fake’ PPPs in Kazakhstan — what to expect?
Three local level public–private-partnership (PPP) projects are on the brink of collapse due to the relevant local state body of the Mangistau region failing to meet its obligations under the PPP agreements and to
pay on time to the respective private partners for constructed and operating kindergartens. It was alleged that the money needed for these PPP projects did not appear on the books of the local government in time, even though the respective PPP agreements, evidently, were duly executed and registered.