After nearly 20 years of discussions, Kazakhstan finally completed negotiations on accession to the World Trade Organization (WTO) in June and will join the organization by the end of 2015. Though a noteworthy achievement and step in the right direction,…
Learning to Cope with Kazakhstan’s New Normal
The days of extremely high-level consumer demand from strong economic growth in Kazakhstan are over, and they are not expected to return in the near future. Executives have been caught by surprise to see the country, which enjoyed substantial rises in consumption for…