A DRAFT DECREE OF THE PRESIDENT OF THE REPUBLIC OF KAZAKHSTAN ON EXPANDING THE FUNCTIONS OF THE APDC HAS BEEN PUBLISHED
The draft Decree of the President of the Republic of Kazakhstan was developed in accordance with the decisions of the Supreme Council under the President of the Republic of Kazakhstan on Reforms dated May 5, 2022 and is aimed at revising the mechanism for the formation of types of economic activities carried out by quasi-governmental organizations.
The project is aimed at expanding the functions of the Agency for the Protection and Development of Competition, concerning the development and approval of rules for the formation of a list of activities carried out by state-owned enterprises, more than fifty percent of the shares (shares in the authorized capital) of which belong to the state and their affiliated persons.
These changes are aimed at improving the functioning of commodity markets and the development of competition, including among private entrepreneurs.
The draft Decree of the President of the Republic of Kazakhstan is available for review on the Open NPAs portal at the link: https://legalacts.egov.kz/npa/view?id=14885151