On May 29, 2025, within the framework of the International Forum “Astana” hosted a meeting between the Minister of Finance of the Republic of Kazakhstan, Madi Takiyev, and Sultan bin Salim Al Habsi, Oman’s Minister of Finance
The meeting served as a platform for the parties to address the continued growth of trade, economic, investment, and transit-transport collaboration. Discussions also encompassed the advancement of economic ties between their Finance Ministries concerning public finance management, alongside other matters pertinent to bilateral cooperation.
"Kazakhstan deeply values the strategic cooperation with the Sultanate of Oman and remains committed to mutually beneficial partnership," affirmed Madi Takiyev.
Subsequent to the meeting, an Agreement between the Government of the Republic of Kazakhstan and the Government of the Sultanate of Oman for the Avoidance of Double Taxation and the Prevention of Tax Evasion concerning taxes on income and capital, was concluded, accompanied by a protocol.
This agreement provides a legislative foundation for tax relations, eliminates double taxation, and strengthens economic connections between the two states.