COMPARATIVE ANALYSIS OF ENFORCEMENT OF CONTRACTS IN LITHUANIA AND KAZAKHSTAN

Abstract

Purpose of Study: The aim of the study is to investigate the comparative analysis of the enforcement of contracts in Lithuania and Kazakhstan. Methodology: Comparative qualitative research methods. Results: The enforcement by arbitration or mediation is not permitted in Kazakhstan. Even now, Kazakhstan fails to rely on the institutions of arbitration or mediation and neither their awards are enforceable by the civil courts. Implications/Applications: Enforcement of contracts is still developing in Kazakhstan while it has been developed and fully adopted as per international standards in Lithuania.