On March 18, 2022, the discussion of the issues regarding the impact of economic sanctions on Kazakhstan in terms of economic activity, including daily business climate, was held during the working meeting of the Foreign Investors’ Council under the chairmanship of the Prime Minister of the Republic of Kazakhstan Mr. Alikhan Smailov.

Foreign recommendations and comments were announced by Eni Head for Central Asia/Agip Caspian Sea BV Managing Director Mr. Luciano Vasques, by Vice President CNPC Central Asia, General Director CNPC International Kazakhstan LTD Mr. Li Yonghong, by Vice-President of ArcelorMittal, CEO of ArcelorMittal Temirtau JSC Mr. Biju Nair, by Efes Kazakhstan General Manager Mr. Omer Ogun, by Managing Director, Kazakhstan and Central Asia, Philip Morris International Mr. Juan Carlos Escobar, by Managing Partner KPMG in Central Asia Mr. Saken Zhumashev, and by Managing Partner for Kazakhstan and Central Asia, EY Dosymbekov E.B. Participants of the meeting also discussed the maintenance of liquidity by companies in the city as well as the investment climate in Kazakhstan.