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Applicable law in cross-border agreements

BMF Partners 0 961 Article rating: 5.0

Over the 25 years of independence in Kazakhstan, there have been significant developments in the economy, legislative reforms, investment climate improvement, which have made and are making Kazakhstan attractive for foreign investors to do business and gain profit. Plenty of foreign legal entities and individuals are launching business in Kazakhstan. To do business, one cannot underestimate the importance of making legally correct agreements between foreign companies/individuals and Kazakhstani entrepreneurs. The critical if not the most critical aspect thereof is the choice of applicable law to an agreement.

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