Revisions to local content rules
The forthcoming renegotiations over Kazakhstan’s major oil fields offer an opportunity for cautious rebalancing. Revisions to local content rules, taxation structures, and dispute resolution mechanisms could incrementally restore state influence, provided they are framed to maintain commercial confidence. Concurrently, a portion of National Fund assets might be reallocated from Western debt instruments to domestic infrastructure or regional financial instruments, improving capital retention while preserving macroeconomic stability. ดูหนังออนไลน์