JEAIL > Volume 12(1); 2019 > East Asian Observer
Research Paper
Published online: May 30, 2019
DOI: http://dx.doi.org/10.14330/jeail.2019.12.1.09

Exploitation of Natural Resources in Kazakhstan: Judicial Practice for Foreign Investment

Bauyrzhan Yessengeldin & Zhibek Khussainova & Aigul Kurmanova & Dinara Syzdykova & Azamat Zhanseitov
100028, улица Университетская 28, Karagandy, Kazakhstan.
Corresponding Author: azamat.zhanseitov@icloud.com

ⓒ Copyright YIJUN Institute of International Law
This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract
Kazakhstan is one of the few countries worldwide endowed with a wealth of diverse natural resources. However, the country has yet to fully exploit these resources, for a variety of reasons, including high levels of corruption, ambiguous laws that cause confusion to the judiciary and consumers. The aim of this paper is to explore the exploitation of natural resource in the country from an international legal perspective. The article demonstrates how corruption hinders the exploitation of natural resources in Kazakhstan. It also describes how the current law seeks to address the issue of natural resource exploitation, noting its ambiguities. The paper concludes by highlighting the provisions made in the UN Declaration concerning Rights to Exploit Natural Resources, and makes recommendations concerning how Kazakhstan’s government can promote the rights of citizens to enjoy access to the land and natural resources.

Keywords : Judiciary, Laws, Natural Resource Exploitation Rights, Kazakhstan

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