he next round of negotiations to discuss the draft Agreement between the Government of the Republic of Kazakhstan and the Government of the State of Kuwait on the avoidance of double taxation and prevention of tax evasion with respect to taxes on income and capital was held in Astana.

The next round of negotiations to discuss the draft Agreement between the Government of the Republic of Kazakhstan and the Government of the State of Kuwait on the avoidance of double taxation and prevention of tax evasion with respect to taxes on income and capital was held in Astana.

As a result of the negotiations, significant progress has been made in agreeing on the text of the draft Agreement – only two provisions remain open.  The parties agreed to take the necessary steps, discuss and revise the uncoordinated provisions of the draft Agreement in preparation for the next round.

The draft Agreement is aimed at strengthening and expanding economic cooperation, creating favorable conditions for investment between the countries by eliminating double taxation of income of residents of the two countries.