The lower house of Kazakhstan’s parliament has approved the law on ratifying the agreement between Kazakhstan and Kyrgyzstan on encouragement and mutual protection of investments.
Kazakhstan has overturned a $54.5 million arbitral award previously granted to World Wide Minerals Ltd., a Canadian junior miner, in relation to a terminated uranium processing project.
The Belgian Appeal Court delivered a landmark ruling in what Kazakhstan’s legal representatives described as "one of the biggest frauds in the history of international arbitration."
Un litige portant sur une raffinerie de pétrole et de gaz au Kazakhstan a amené à la justice belge à geler plus d’un demi-milliard d’euros de cette république sur un compte belge.
An international tribunal has dismissed a nearly $1 billion claim against Kazakhstan brought by a Canadian junior miner over a botched deal to operate gold mines in the country.