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Free AccessKAZAKHSTAN-President Calls Early Election For 20 Nov
Kazakh President Kassym-Jomart Tokayev has called an early presidential election to take place on 20 November according to Russian state news outlet TASS.
- The election comes after Tokayev announced changes to the presidency that will see office holders allowed to serve one single seven-year term in office.
- Earlier this year Kazakhstan saw mass protests sparked by rising fuel prices, but also opposed to the continued influence of former President Nursultan Nazarbayev in Kazakh political life. Following this, Nazarbayev left his position as chairman of the Security Council.
- Hydrocarbon-rich Kazakhstan continues to be courted by both Russia and China in the great powers' efforts to bolster/increase their influence in Central Asia. Moscow sees Kazakhstan as within its historical sphere of influence and sent troops to assist Kazakh gov't in January. But Beijing has been seeking to become a larger purchaser of Kazakh oil in recent years, and play greater role in infrastructure construction.
- Tokayev likely to win re-election comfortably given the lack of effective and organised political opposition in Kazakhstan.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.