Kazakhstan has set up Coordinating Council for attracting foreign investments including from India. A decision was taken to lay down the functions of Investment Ombudsman in order to venture for new approaches to improve the investment scenario in Kazakhstan.
The meeting identified the Astana International Financial Centre (AIFC) as a Unified Center for the coordination of work on investment and promotion of the investment image of Kazakhstan.
Source: Economic Times
Static/Current Takeaways Important for LIC AAO Exam:
- Kazakhstan PM: Askar Mamin, Capital: Nur-Sultan, Currency: Kazakhstani Tenge.