14-16 April 2026 Astana, Kazakhstan

Policy Dialogue: Balancing Control and Investment

Format: Panel with high-level officials and Industry ambassadors  

Kazakhstan is navigating a dual-track regulatory shift. While aggressively courting Foreign Direct Investment (FDI) for critical minerals, highlighted by a transition from a Mineral Extraction Tax (MET) to a royalty-based model by 2026–2027-the state is simultaneously tightening its grip on its natural resources. New legislative amendments under the 2026 Tax Code will formalise "strategic investor" statuses and link fiscal terms to strict processing obligations. This session examines how Kazakhstan can reconcile rising resource nationalism with the need for global capital, comparing its strategy against other major mining jurisdictions to find a sustainable path for long-term development.

Moderator
Samat Daumov
Partner
GRATA International
Panellists:
Almas Kushumov
Director of the Department of Subsoil Use
Ministry of Industry and Construction
Rustam Shuntukov
Managing Director
National Chamber of Entrepreneurs of the Republic of Kazakhstan “Atameken”
Nikolay Radostovets
Executive Director
Republican Association of Mining and Metallurgical Enterprises (AGMP)
Ruslan Baimishev
President
Kazakhstan Chamber of Mines
Nikolai Yenshin
Deputy Chairman of the Executive Committee
PONEN