Trade and economic relations

Economic cooperation is actively developing. The trade value of the two countries January-December 2023 reached M10.7$. The trade turnover between the two countries amounted in 2022, M6.2$.  

Between 2005 and December 2020 the direct investments from Oman to Kazakhstan amounted to USD 2534 million. OQ Omani state oil company is involved as a part of International Consortium in the development of the Dunga oil field in Kazakhstan.

Since September 2019, Kazakhstan has announced a visa-free regime for citizens of Oman for a period of one month. Since April 2022, in Oman a visa-free regime for 14-day has been in effect for citizens of Kazakhstan. Cooperation is actively developing in tourism, transit and transport and other areas.

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