Resolution of the Government of the Republic of Kazakhstan dated February 6, 2026, No. 76
The Government of the Republic of Kazakhstan RESOLVES: 1. To approve the attached draft Framework Agreement on Partnership between the Government of the Republic of Kazakhstan and the Asian Infrastructure Investment Bank. 2. Authorize Deputy Prime Minister – Minister of National Economy of the Republic of Kazakhstan Serik Makashevich Zhumangarin to sign, on behalf of the Government of the Republic of Kazakhstan, the Framework Agreement on Partnership between the Government of the Republic of Kazakhstan and the Asian Infrastructure Investment Bank, authorizing the introduction of amendments and additions that are not of a fundamental nature. 3. This resolution shall enter into force on the date of its signing.
Prime Minister of the Republic of Kazakhstan
O. Bektenov
Approved by the Resolution of the Government of the Republic of Kazakhstan dated “ ” 2026, No.
Project
Framework Agreement on Partnership between the Government of the Republic of Kazakhstan and the Asian Infrastructure Investment Bank
The Government of the Republic of Kazakhstan and the Asian Infrastructure Investment Bank (collectively referred to as the "Parties", and separately as the "Government" and the "AIIB", respectively), bearing in mind that in accordance with the articles of Agreement of the Asian Infrastructure Investment Bank dated June 29, 2015, ratified by the Republic of Kazakhstan on January 27, 2016, the Republic of Kazakhstan is a founding member of the Asian Infrastructure Investment Bank (hereinafter referred to as the Articles of Agreement); considering that the Asian Infrastructure Investment Bank is a multilateral financial institution in accordance with the articles of Agreement with the aim of (i) promoting sustainable economic development, improving well-being and improving infrastructure ties in Asia by investing in infrastructure and other productive sectors of the economy; and ((ii) To promote regional cooperation and partnership in addressing development challenges, working in close cooperation with other multilateral and bilateral development institutions; desiring to further strengthen, deepen and expand mutual cooperation, have agreed as follows.
Article 1. Objectives and Areas of Cooperation
1.1. This Agreement is aimed at providing assistance in the preparation and implementation of transactions financed by the AIIB in the Republic of Kazakhstan, which fall within the scope of this Agreement, to meet the priority development needs of Kazakhstan in accordance with the AIIB’s policies and procedures. 1.2. The AIIB’s activities are aimed at supporting the Government’s efforts to finance infrastructure projects. The main areas of activity include, but are not limited to the following: 1.2.1. "green infrastructure" for the promotion and financing of infrastructure projects that are environmentally sustainable, climate-resilient and contribute to climate change mitigation and adaptation, including, in particular, projects for the production, transmission and distribution of electricity, with an emphasis on the promotion of the development of renewable energy sources such as wind and solar energy and related energy storage systems, energy efficiency projects, projects in the field of water supply, sewerage and solid waste treatment, transport infrastructure such as railway, metro and electric transport systems that reduce greenhouse gas emissions, and the improvement of road corridors, which increase resilience to climate change, and projects that reduce methane emissions; 1.2.2. ties and regional cooperation aimed at improving ties within Kazakhstan and beyond its borders, promoting regional cooperation through infrastructure projects that enhance ties in various sectors, such as transport, energy, and digital communications; 1.2.3. operations that prioritize the support of technological infrastructure and are aimed at supporting the development and implementation of innovative technologies in infrastructure projects, such as digital infrastructure, smart cities, and advanced transport systems; 1.2.3. Operations aimed at mobilizing private capital to finance infrastructure projects and, if necessary, creating favorable conditions for the participation of the private sector. 1.3. The parties jointly determine the priorities among infrastructure projects that correspond to the main areas of activity listed in paragraph 2 of this article, contribute to sustainable development, and make a contribution to the economic development and well‑being of the Republic of Kazakhstan.
Article 2. Implementation Mechanisms
2.1. The Government will prepare investment projects/programs in accordance with the agreed priorities of the Parties and this Agreement. 2.2. The Parties agree that all investment projects/programs funded by the AIIB in Kazakhstan, including projects/programs that use funds raised by the AIIB and administered by the AIIB, will be prepared and implemented in accordance with the terms and conditions of the relevant legal agreements concluded for such investment projects/programs and the relevant loan provisions. and/or grants, which should include the latest versions of applicable AIIB policies and requirements, including, in particular, combating corruption and prohibited practices, sampling, financial management, disclosure of information, procurement of goods, works, consulting and non-consulting services, environmental and social standards, as well as such other policies and requirements, which may be adopted from time to time by the AIIB in accordance with the Agreement.
Article 3. Entry into Force of the Agreement, Termination, Amendments, and Dispute Resolution
3.1. This Agreement enters into force on the date when the ABI receives, through diplomatic channels, a written notification from the Government confirming that the domestic procedures necessary for the Agreement to enter into force have been completed. 3.2. By mutual agreement of the Parties, amendments and additions may be made to this Agreement; such amendments and additions shall be integral parts of the Agreement and shall be formalized in separate protocols, which enter into force in accordance with the procedure provided for in paragraph 3.1 of this Article. 3.3. This Agreement is concluded for a period of 10 years, after which its validity is automatically extended for an indefinite period, unless either Party notifies the other Party in writing through diplomatic channels of its intention to terminate it at least 6 (six) months before the expiration of the ten‑year period. In the event of an automatic extension of the validity of this Agreement, each Party may at any time send a written notification through diplomatic channels of its intention to terminate it. This Agreement shall terminate on the 30th (thirty) day after the date of receipt of such notice. The termination of this Agreement shall not affect the terms of the legal agreements concluded in relation to the investment projects/programs being implemented and financed by the ABII, and other legal agreements concluded between the Parties within the framework of this Agreement. 3.4. Nothing in this Agreement shall be deemed to constitute a waiver, express or implied, of any privileges and immunities of the Parties provided for in applicable international treaties. 3.5. Any dispute arising in the course of implementing this Agreement must be resolved amicably between the Parties. If such a dispute cannot be settled amicably within 6 (six) months from the date of the written request for settlement by one Party to the other Party, the said claims are referred to an arbitration court consisting of three arbitrators: (i) the parties to such arbitration must be the Government on the one hand and the AIIB on the other hand.(ii) one of the arbitrators is appointed by the Government, the second by the AIIB, and the third, unless the Parties reach a different agreement, is appointed by the President of the International Court of Justice; (iii) unless otherwise agreed by the Parties to such arbitration, the place of arbitration is The Hague, the Netherlands; (iv) the language, the language used in the arbitration process is English; (v) the arbitral tribunal will apply the provisions of the articles of Agreement, as well as any relevant contractual obligations legally binding on the Parties. 3.6. By cooperating in the main areas and activities provided for under this Agreement, the Parties may engage in broad cooperation with other development partners and interested parties. In the course of such cooperation, the Government will always act in accordance with the legislation of the Republic of Kazakhstan and the applicable international treaties of the Republic of Kazakhstan. 3.7. Disclosure of information regarding this Agreement shall be carried out in accordance with the Parties’ policies, applicable legislation on access to confidential information, and to the extent permitted by the Parties’ relevant policies and applicable legislation on access to information. 3.8. Any notice or request under this Agreement shall be in writing and shall be deemed properly served when delivered in person, by mail, or by email to the following addresses:
For the Government:Mr. Asan Darbaev,Vice Minister of National Economy of the Republic of Kazakhstan.Address: Mangilik El, 8, Astana, Republic of Kazakhstan.Email: info@economy.gov.kz.
For ABII:Ms. Jia Cao,Customer Service Specialist. Address: Asian Financial Center, Tiancheng East Road, No. 1, Chaoyang District, Beijing, 100101, People's Republic of China. Email: jia.cao@aiib.org. Executed in the city of ________ on "__" ______ 2026, in two copies, in Kazakh, English, and Russian, respectively.
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