Memorandum of Cooperation and Interaction was signed between the Agency for Protection and Development of Competition of Kazakhstan (“Antimonopoly Agency”) and the leading Chamber of Kazakhstan lawyers - Kazakhstan Bar Association (“KazBar”) represented by our Antimonopoly Committee. The said Committed is headed by the Managing Partner of Zan Hub (Almaty) - Akylbek Kussainov.

The signing ceremony, which took place during the Agency’s annual meeting in Astana on 31 January 2024, was attended by the Chairman of the Antimonopoly Agency Mr. Omarov M.T.

As per Akylbek, signing of the Memorandum at such high level represents an example of the Agency’s openness to the business community and independent experts for joint effort aimed at achievement of important goals set before the Agency, that is to demonopolize market, remove barriers to business, improve investment climate and develop fair competition in Kazakhstan.

In turn, as was noted by the Agency “the purpose of the Memorandum is “to create partnership and long-term cooperation aimed at developing and protecting competition in Kazakhstan. Cooperation shall involve deepening interaction between the parties within working groups, developing and discussing legal acts in order to improve legislation for business, standards, rules and internal control systems (antitrust compliance) in Kazakhstan, enhancing law enforcement practice as well as conducting joint research, professional events, including conferences, round tables, webinars and seminars”.

Ref.: https://www.gov.kz/memleket/entities/zk/press/news/details/696836?lang=ru&fbclid=IwAR303dJdcSUI3zYcr...