In the new city with the special legal status of Alatau in southern Kazakhstan, a judicial system will appear in which commercial cases will be considered using the principles of English law, - Tokayev. The enormous importance of building the accelerated development city of Alatau, which is intended to be a favorable environment for investments and entrepreneurship, has become clear to most people, the president said. The main condition for the long-term attractiveness of any international jurisdiction is effective justice. Therefore, a legal system must be created in Alatu that will ensure a high quality of justice. The investment court, based on the English common law model, will consider commercial cases, Tokayev added. Alatau is a satellite city of the country's largest metropolis, Almaty. This year a special constitutional law was passed on his special status. The municipality also plans to allow payment for goods and services using cryptocurrencies. Telegram | maximum | strain |.

In the new city with the special legal status of Alatau in southern Kazakhstan, a judicial system will appear in which commercial cases will be considered using the principles of English law, - Tokayev. The enormous importance of building the accelerated development city of Alatau, which is intended to be a favorable environment for investments and entrepreneurship, has become clear to most people, the president said. The main condition for the long-term attractiveness of any international jurisdiction is effective justice. Therefore, a legal system must be created in Alatu that will ensure a high quality of justice. The investment court, based on the English common law model, will consider commercial cases, Tokayev added. Alatau is a satellite city of the country's largest metropolis, Almaty. This year a special constitutional law was passed on his special status. The municipality also plans to allow payment for goods and services using cryptocurrencies. Telegram | maximum | strain |.