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About draft of order of RK Government “About ratification of the General agreement on economic, technical and trade cooperation between countries - members of Islamic conference Organization”

Ministry of National economy of RK as per item 9) article 11 of the Law of RK dated May 30th 2005 “About international agreements of the RK”, in order to include into Mazhilis of RK Parliament the draft of Law of RK “About ratification of the General agreement on economic, technical and trade cooperation between countries - members of Islamic conference Organization” (hereinafter – General agreement) developed a draft of order of RK Government.

RK signed General agreement as of Nov.25th 2015 in Istanbul city, with warranties for preventing contradictions with the norms of the effective legislation of RK and preventing possible collisions with international duties of Kazakhstan within the frame of free trade of the CIS, Customs union and Eurasian economic union.

Main purpose of the General agreement – legal consolidation of the principles of performing trade economic and scientific cooperation between countries members of Islamic conference Organization.

Ratification of the General agreement will not cause negative social economic consequences and expenses from the state budget.