The move eliminates much of the uncertainty about Kazakhstan’s political transition plans that had concerned foreign investors who have pumped tens of billions of dollars into its energy and mining industries
Nazarbayev, who leads the oil-rich Central Asian nation’s biggest political party, Nur Otan, asked party members at a pre-election congress on Tuesday to officially nominate Tokayev, a 65-year-old former diplomat.“Having known him for many years, I consider him the worthiest candidate in the country for this position today,” Nazarbayev said before the party voted unanimously in favour of his proposal.
Tokayev, previously speaker of the Senate, assumed the presidency last month in line with the constitution when Nazarbayev resigned after running the former Soviet republic of 18 million people for almost three decades. Tokayev has served as Kazakhstan’s foreign minister and prime minister. Fluent in English and Chinese, he has also worked as a deputy secretary general of the United Nations.
“The strategic direction defined by the national leader will be the path that we will never leave, will be our lodestar.”Nazarbayev, 78, retains sweeping authority as head of Kazakhstan’s security council and leader of the ruling party.
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