I - Astana's New Dispute Resolution Institutions: Developing GCC and Kazakhstan's Relations

Kazakhstan has long been positioned at the heart of the so-called ‘Silk Road' linking Asia, the Middle East and Europe, thanks to its geographical position at the crossroads of Central Asia.

Introduction

However, Kazakhstan is now seeking to capitalise on its location, its history as a trade route, and the wealth which has been generated by its considerable natural resources, by becoming a hub for international commerce in the 21st century.

As part of this development, Nur-Sultan, the newly re-named capital, opened the Astana International Financial Centre (AIFC) on 1 January 2018, with the specific aim of growing its financial and professional services.