Kazakhstan Braces For Russian Sanction Fallout

Kazakhstan Braces For Russian Sanction Fallout

OilPrice.com

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With Russia poised to enter a period of economic recession under the weight of punishing international sanctions, neighboring Kazakhstan is scrambling to minimize the fallout. This week, the government in Nur-Sultan was poised to discuss the drafting an anti-crisis plan to “respond to the likely negative socio-economic consequences for Kazakhstan arising from the events in Ukraine.” “The plan is to consider the development of an anti-crisis action plan amid a worsening geopolitical situation and tougher anti-Russian sanctions,”…

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