An ongoing international case that seems to fly in the face of both national laws and international convention continues to vex the government of Kazakhstan, and to threaten the legal position of post-colonial, and especially post-Soviet, states around the world.
The problem began in 1995 when the newly independent republic of Kazakhstan was approached by a Canadian company with an interesting business proposal.
The Central Asian country is blessed with no less than 20% of the world’s uranium reserves, and the company concerned, World Wide Minerals Ltd (WWM) wanted to take over management rights in the development of the fledgling nation’s substantial …read more
Source: EU Today
