Nursultan Nazarbayev, Longtime Leader of Kazakhstan, Says He’s Resigning – News

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MOSCOW — The 78-year-old president of Kazakhstan, the oil-rich former Soviet republic in Central Asia, introduced Tuesday that he was resigning after 30 years in energy.

The announcement by the president, Nursultan Nazarbayev, one of many longest-serving leaders to navigate the breakup of the Soviet Union, was thought of a shock.

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He made his announcement on nationwide tv, however didn’t point out exactly what future position he would possibly play within the Kazakhstan hierarchy.

“Till my dying day, I’ll stick with you,” he stated. “Considerations of the folks will keep my issues.”

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Mr. Nazarbayev has led Kazakhstan since 1989, first because the chief of its Communist Social gathering after which as president. He has attracted huge investments from international power firms to develop the nation’s oil reserves, which, at an estimated 30 billion barrels, are among the many largest of all the previous Soviet republics.

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He has additionally maintained a cordial relationship with President Vladimir V. Putin of Russia, the place Mr. Nazarbayev’s resignation announcement was repeated on Russian state tv.

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