The recent Kurultai elections in Kazakhstan are of
great significance. This is the result of a constitutional reform that marks a
new stage in the country’s institutional development. According to expert
Domenico Palmieri, the key question now is to what extent the new parliamentary
model will ensure swift decision-making, legislative stability, and predictable
conditions for doing business in the country. The Secretary General of the
Italian Institute for Asia (ISIA) believes that strengthening the rule of law
and political stability will increase the confidence of foreign investors and
businesses in Kazakhstan as an attractive destination for long-term investment.
«Of course, the stable Kazakhstan, stable political system,
let comfortable the investor to invest. The most important things are the
economical condition, economical system and the common law,» Domenico Palmieri noted.
At the same time, according to the expert, the
significance of these new political reforms may extend beyond the country’s
borders. Kazakhstan is one of the key players not only in Central Asia but also
on the global stage as a middle power. Therefore, its reform experience could
also influence the region’s future development.
«Of course, Kazakhstan, from my point of view, is the
leading country of Central Asia. So, all the reforms, all the changes and the
direction that Kazakhstan has implemented could be an inspiration for the other
countries to follow, and to let Central Asia become one of the most important
players in the world in providing stability. Under the leadership of President
Tokayev, could be a bright spot for Central Asia, to show how the new changes
could be the right way for the people of Kazakhstan and also for Central Asia,» Domenico Palmieri added.
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