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Country Risk

Kazakh Leader Looks to Loosen Russia's Grip

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ss1969338643-President of the Republic of Kazakhstan Kassymzhomart Tokayev
  • Kazakhstan’s president, Kassym-Zhomart Tokayev, is set for seven-year term after winning snap elections with more than 80% of the vote.
  • Tokayev’s victory is a relief for Western oil companies such as Chevron, Shell and Exxon Mobil, which view him as the best guarantor of long-term stability.
  • He will continue to loosen ties with Russia, and move closer to China, Turkey and the EU.

The Issue

Topics:
Elections, Policy and Regulation, Resource Access, Ukraine Crisis
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