International Business Management

Year: 2016
Volume: 10
Issue: 26
Page No. 6087 - 6092

Some Aspects of Kazakhstan’s Membership in the World Trade Organization

Authors : Assemgul Rakhimbayeva, Diana Madiyarova, Lyazzat Sembieva, Bazarkul Bekbenbetova and Moldir Duissenbekova

Abstract: The recent accession of the Republic of Kazakhstan to the World Trade Organization in 2015 became the hot topic of public discussion within the country. Therefore, in recent years the outcome of the negotiation process and conditions of accession to the WTO has attracted significant public and political attention in Kazakhstan. The researchers compare Kazakhstan commitments with those of the other countries that have recently acceded to the WTO. The goal of the research is to realize opportunities of the WTO accession to Kazakhstan. The researchers outline the problems the Kazakhstani government should radically solve in order to reduce the amount of state business, including the proportion of products manufactured at the state-owned enterprises, to determine the optimal size of government in order to achieve high rates of economic growth. The future generation of Kazakhstan should not regret about the fact that the government of the 1995-2015 year left a legacy of “restricted conditions” for entering to the “club” 30 most developed in the world.

How to cite this article:

Assemgul Rakhimbayeva, Diana Madiyarova, Lyazzat Sembieva, Bazarkul Bekbenbetova and Moldir Duissenbekova, 2016. Some Aspects of Kazakhstan’s Membership in the World Trade Organization. International Business Management, 10: 6087-6092.

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