Kazakhstan to refject the state's priority in the acquisition of fields

It is planned to abolish the emptive right to acquire transferred rights of subsoil use and related assets in Kazakhstan in the adoption of a new Code "On Subsoil and Subsoil Use", managing partner of White & Case Kazakhstan LLP Maxim Telemtaev announced on Wednesday.

"On recommendations of OECD’s experts it is planned to give up the priority right of the state, but to save the authorization regime, i.e. a permit will be issued, but there will be no pre-emptive right of the state," - said Telemtaev during the Sixth International Mining and Metallurgy Congress.