A joint meeting of the Investment Policy Working Group of Foreign Investors’ Council chaired by the President of the Republic of Kazakhstan was held today in online format under the chairmanship of Minister of National Economy of the RoK, Mr. Ruslan Dalenov, KFICA Board Chairman, Managing Partner for Kazakhstan and Central Asia, EY, Mr. Erlan Dosymbekov, and Vice-Minister of Finance of Kazakhstan, Mr. Kanat Baedilov.

During the meeting, the Action Plan of the Working Group for 2020, in particular, issues related to the development of proposals for decriminalization of tax offenses, and improvement of the customs legislation of the Republic of Kazakhstan on determination of the customs value of exported crude, including issues of exemption from administrative responsibility for customs declaration in the IS «Astana-1».

Along with that, meeting participants discussed preparation works for the upcoming FIC Interim Session chaired by the Prime Minister of the Republic of Kazakhstan, scheduled for June 11, 2020.

The meeting was attended by Judges of the Supreme Court of the RoK, representatives of Ministry of Foreign Affairs of the RoK, General Prosecutor’s Office of the RoK, State Revenue Committee of the Ministry of Finance of the RoK, Financial Monitoring Committee of the Ministry of Finance of the RoK, and foreign side member companies of the working group Agip Karachaganak BV, Chevron, CNPC, Deloitte, EY, KaR-Tel, Philip Morris International, PwC, Shell.