Today, a formal ceremony was held to sign a Memorandum of Cooperation between the Prosecutor General’s Office of the Republic of Kazakhstan and the Kazakhstan Foreign Investors’ Council Association (KFICA).

The document was signed by Prosecutor General Berik Assylov and Chairman of the KFICA Board Erlan Dosymbekov.

The event brought together senior officials from the Prosecutor General’s Office, the Ministry of Foreign Affairs of the Republic of Kazakhstan, Kazakh Invest, as well as members of the KFIC Board and Executive Committee — executives and representatives of leading international companies, including EY, Chevron, CNPC, Philip Morris International, Wabtec, Eurasian Development Bank, Solidcore Resources plc, Sembol Construction, RUSAL, Air Liquide Munay Tech Gases, Eni Kazakhstan, Almaty International Airport, ERG, Shell, Citi, KPMG and PwC.

In his remarks, Berik Assylov emphasized that attracting investment is a matter of national importance, and that the prosecution authorities, guided by the principle of “Law and Order,” are shifting from a reactive approach to violations toward a system-based prevention of business-related issues.

Over the past three years, the number of criminal cases registered against entrepreneurs has decreased fourfold, or by 71.5%.

In the current year, compared to the first quarter of 2025, the number of administrative proceedings for obstruction of business activities (Article 173 of the Code of Administrative Offenses) has tripled, increasing from 16 to 50.

The development of mechanisms for protecting business rights is viewed as inseparable from digitalization and the adoption of artificial intelligence technologies, in line with the strategic course set by the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev.

At present, the prosecution authorities oversee approximately 3,000 investment projects with a total value of KZT 100 trillion. As a result of the measures taken, more than 250 projects have already been launched, creating 30,000 jobs.

“The signing of the Memorandum elevates our cooperation with the international business community to a fundamentally new level. A permanent direct communication channel between the прокуратура and the Association will be established, enabling the prompt removal of administrative barriers,” the Prosecutor General noted.

Chairman of the KFICA Board Erlan Dosymbekov expressed appreciation for the openness to dialogue and highlighted the importance of new institutional mechanisms for protection.

“We highly value the assignment of the Investment Ombudsman functions to the Prosecutor General and the establishment of a specialized Committee. This is a timely and systematic step aimed at strengthening guarantees for the protection of rights and increasing the confidence of the international business community,” he stated.

The parties expressed confidence that the Memorandum will serve as a clear signal to the global community that Kazakhstan ensures a reliable jurisdiction, implements best international practices, and provides stability for investors.

The ceremony concluded with presentations on key areas of activity by the Committee for the Protection of Investors’ Rights under the Prosecutor General’s Office of the Republic of Kazakhstan, delivered by Committee Chairman Yeraly Bauyrzhan Beibituly; the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan, presented by Deputy Chairman Yevgeniy Kim; and Kazakh Invest, presented by Deputy Chairman of the Management Board Aibol Argyngazinov. The presentations outlined existing mechanisms for supporting investment projects and protecting investors’ rights, followed by a substantive exchange of views between investors and government representatives on current issues of the investment climate.