Kazakhstan approved concept of natural resources' effective management

ASTANA. September 17. KAZINFORM The Government of Kazakhstan has approved a draft concept of natural resources' effective management and materials sector funds usage.
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According to Minister of Oil and Gas of Kazakhstan Uzakbai Karabalin, modern conceptual view of raw materials management in particular, carbons and solid minerals should contain some key backgrounds. First of all, according to the Constitution, natural resources are public property and that is why the state should be in charge of their usage. Second, the natural resources were and are the basis of the social-economic development in Kazakhstan.

"In this context, the effectiveness of the natural recourses' usage should center upon complex approaches and harmony of interests of the industry and the whole state," the Oil and Gas Minister said.

In addition, it is necessary to take into account external and internal factors in the functioning of material sectors which is of global character.

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