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Investment and Financial Cooperation between Kazakhstan and Thailand Discussed in Bangkok
14.07.2026
Bangkok, 30 June 2026 – Ambassador of the Republic of Kazakhstan to the Kingdom of Thailand Margulan Baimukhan met with H.E. Dr. Santitarn Sathirathai, Vice Minister of Finance of the Kingdom of Thailand.During the meeting, the parties discussed the current state and prospects of Kazakhstan-Thailand trade, economic, investment and financial cooperation, as well as ways to further improve the bilateral legal framework aimed at creating favorable conditions for expanding trade and investment. The Ambassador also briefed his interlocutor on the constitutional reforms being implemented in Kazakhstan and the upcoming parliamentary elections.Ambassador Baimukhan noted that the official visit to Kazakhstan by H.E. Mr. Sihasak Phuangketkeow, Deputy Prime Minister and Minister of Foreign Affairs of the Kingdom of Thailand, held on 24-26 June 2026, had given new momentum to bilateral relations. During the visit, meetings were held with the President of the Republic of Kazakhstan, H.E. Mr. Kassym-Jomart Tokayev, and Deputy Prime Minister – Minister of Foreign Affairs of the Republic of Kazakhstan H.E. Mr. Yermek Kosherbayev. The two foreign ministries signed an Action Plan, while the Kazakhstan–Thailand Business Forum further demonstrated the strong interest of the business communities of both countries in expanding cooperation.Particular attention during the meeting with Vice Minister Dr. Santitarn Sathirathai was paid to advancing the Convention for the Avoidance of Double Taxation and the Agreement on the Promotion and Mutual Protection of Investments, as well as enhancing cooperation with the Astana International Financial Centre (AIFC).The interlocutors reaffirmed their mutual interest in further deepening bilateral economic, financial and investment cooperation and expressed their readiness to continue close interaction in implementing the agreements reached during the recent official visit of Deputy Prime Minister and Minister of Foreign Affairs H.E. Mr. Sihasak Phuangketkeow to Kazakhstan.For reference: Bilateral trade between Kazakhstan and Thailand reached 255.1 million US dollars in 2025, representing a 7.8% increase compared to the previous year. Kazakhstan remains Thailand's largest trading partner in Central Asia. Considerable potential remains for expanding cooperation in investment, agribusiness, transport and logistics, the digital economy and tourism. Source : https://www.gov.kz/memleket/entities/mfa-thailand/press/news/details/1254933?lang=ru
Kazakhstan delegation participates in the ninth session of the UN ESCAP Committee on Environment and Development
14.07.2026
Bangkok, 3 July 2026 – The delegation of the Republic of Kazakhstan, led by Ms. Inkar Abzhali, Head of the Division of Multilateral Cooperation and Investments of the Department of International Cooperation at the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan, participated in the ninth session of the Committee on Environment and Development of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), held from 1 to 3 July 2026 at the Commission’s headquarters in Bangkok.During the session, ESCAP member States, representatives of international organizations and experts discussed priority areas for regional cooperation on sustainable development, including climate change adaptation, sustainable natural resource management, circular economy, biodiversity conservation and sustainable urban development.At the side event “Realizing Synergies in Asia and the Pacific through a Sustainable Bioeconomy” and the expert group meeting “Strengthening Resilient and Sustainable Urban Development in Asia and the Pacific,” the Kazakh delegation presented Kazakhstan’s ongoing efforts to advance the national environmental agenda. These include enhancing climate policy, developing renewable energy, promoting green economy principles, conserving biodiversity, and modernizing waste and natural resource management systems.Kazakhstan’s participation in the Committee’s work reaffirmed the country’s readiness to contribute to initiatives aimed at promoting environmentally sustainable and inclusive development in the Asia-Pacific region.Source : https://www.gov.kz/memleket/entities/mfa-thailand/press/news/details/1254937?lang=ru
AMNESTY 2026: WHOSE DEBTS WILL THE TAX AUTHORITY FORGIVE?
14.07.2026
According to the Law of the Republic of Kazakhstan dated July 1, 2026, No. 329-VIII "On Amnesty in Connection with the Adoption of the New Constitution of the Republic of Kazakhstan," a large-scale exemption from administrative penalties is provided, including violations handled by the state revenue authorities.Below is a detailed analysis of which tax and customs penalties are subject to write-off and which are not.Key Conditions for ExemptionThe amnesty applies to individuals, individual entrepreneurs, and persons engaged in private practice (lawyers, notaries, etc.).The main criteria for writing off a fine are:The fine was imposed by an official of a state revenue authority, not by a court.The fine was not executed (not paid in full or in part) at the time the law entered into force — July 1, 2026.The violation is not included in the list of exceptions established by Article 8 of the Law on Amnesty.Which violations ARE EXEMPT from finesViolations considered by the state revenue authorities under Article 720 of the Code of Administrative Offences (CAO) fall under the amnesty, provided they are not on the list of "prohibited" articles. Generally, these are procedural and less severe violations:Violation of registration deadlines: failure to meet the deadline for submitting an application for tax registration (Art. 269 CAO).Errors in special tax regimes: unlawful application of a special tax regime (Art. 270 CAO).Suspension of reporting: conducting business activities during a period when filing reports has been suspended (Art. 271 CAO).Overdue declarations: failure to submit tax reporting within the established deadline, if a fine has been imposed for this (Art. 272 CAO).Cash register (KKM) violations: all violations related to the use of cash registers, including failure to issue a receipt or cash discrepancies (Art. 284 CAO).Customs formalities: most administrative violations in the field of customs affairs (Arts. 521–558 CAO), if they were reviewed by the state revenue authorities. These include violations of the customs control zone regime, deadlines for filing declarations, procedures for storing goods, and others.Violations during export/import within the EAEU: failure to fulfill obligations when moving goods within the Customs Union (Art. 287 CAO), except for cases qualified as concealment of taxable items.🔴 Which violations ARE NOT subject to amnestyThe law establishes a strict list of exceptions. Fines under these articles must be paid in full, as they are recognized as the most socially dangerous or as infringing upon the financial stability of the state.Amnesty is denied for the following articles of the CAO:Court-imposed fines: any tax or customs violation where the fine ruling was issued by a court.Shadow economy: concealment of taxable items and other property (Art. 275 CAO).Intentional non-payment: evasion of payment of assessed taxes and other mandatory payments (Art. 277 CAO).Distortion of reporting: understating the amounts of taxes and payments in declarations and calculations (Art. 278 CAO).How will the procedure work?The exemption should occur automatically. The state revenue authorities are obliged to terminate the execution of the relevant rulings on the imposition of fines on their own initiative. Government agencies are given six months from the date the law comes into effect (i.e., until the end of 2026) to implement all amnesty measures. Enforcement proceedings for such cases are also subject to termination. Source : https://www.gov.kz/memleket/entities/kgd-zhetysu/press/news/details/1254940?lang=ru
Kazakhstan and Lithuania Reviewed Key Issues on the Bilateral Agenda
14.07.2026
Vilnius, 7 July 2026 – Ambassador of Kazakhstan to Lithuania Timur Urazayev met with Vice Minister of Foreign Affairs of Lithuania Audra Plepytė. The parties exchanged views on key bilateral and multilateral issues and discussed the upcoming round of political consultations between the foreign ministries of the two countries.The Kazakh diplomat informed the Lithuanian side about the entry into force of the new Constitution of the Republic of Kazakhstan on 1 July 2026 and the forthcoming parliamentary elections scheduled for 23 August. He outlined the key elements of the constitutional reform. Particular attention was devoted to the current stage of Kazakhstan’s cooperation with the European Union. The Ambassador briefed on the outcomes of President K.Tokayev’s official visit to Brussels in June this year, including meetings with European business representatives. The importance of signing the Horizontal Aviation Agreement was highlighted in the context of Kazakhstan–Lithuania cooperation in the field of air connectivity.The parties also discussed continued cooperation within international organisations, including Kazakhstan’s initiatives at the United Nations and the election of representatives of both countries to UN bodies.The meeting also covered the current state and prospects of bilateral economic and investment cooperation, including transport and transit challenges affecting trade flows. Both sides reaffirmed their mutual commitment to further developing a constructive political dialogue between Kazakhstan and Lithuania in the interests of the business communities of both countries. Source : https://www.gov.kz/memleket/entities/mfa-vilnius/press/news/details/1254915?lang=ru
Foreign Investors’ Council under the President of Kazakhstan Updates Its Membership
14.07.2026
Under Presidential Order No. 306 of 1 July 2026, the membership of the Foreign Investors’ Council under the President of the Republic of Kazakhstan has been updated. The revised composition replaces that approved by Presidential Order No. 174 of 1 October 2024.The Foreign Investors’ Council is an advisory body chaired by the President of Kazakhstan. It serves as a key platform for direct dialogue between the Government and the international business community. The Council traditionally brings together chief executives of major global companies and international organizations. Its foreign membership currently includes leaders of 34 leading international companies and organizations, as well as 8 observers.The updated foreign membership includes several new participants. Martin Vaujour, President of Alstom for Africa, the Middle East and Central Asia, who previously participated in the Council’s work as an observer, has become a full member. Moutaz Al-Khayyat, Chairman of Power International Holding, has also joined the Council as a full member.Observer status has been granted to Thomas Pramotedham, Chief Executive Officer of Presight AI Holding PLC, and Muhammad Sulaiman Al Jasser, President of the Islamic Development Bank.The Kazakh side of the Council has also been updated. New members include Assel Zhanassova, Deputy Head of the Presidential Administration of the Republic of Kazakhstan; Nurlan Baibazarov, Assistant to the President of Kazakhstan for Economic Affairs; Nurlan Sauranbayev, Minister of Transport of the Republic of Kazakhstan; and Ardak Zebeshev, Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan.The updated membership reflects Kazakhstan’s continued efforts to broaden its dialogue with international business. The participation of senior executives from leading global companies and financial institutions will further strengthen investment cooperation and enhance Kazakhstan’s attractiveness to global capital.Source : https://www.gov.kz/memleket/entities/invest/press/news/details/1254921?lang=ru
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Investment and Financial Cooperation between Kazakhstan and Thailand Discussed in Bangkok
14.07.2026
Bangkok, 30 June 2026 – Ambassador of the Republic of Kazakhstan to the Kingdom of Thailand Margulan Baimukhan met with H.E. Dr. Santitarn Sathirathai, Vice Minister of Finance of the Kingdom of Thailand.During the meeting, the parties discussed the current state and prospects of Kazakhstan-Thailand trade, economic, investment and financial cooperation, as well as ways to further improve the bilateral legal framework aimed at creating favorable conditions for expanding trade and investment. The Ambassador also briefed his interlocutor on the constitutional reforms being implemented in Kazakhstan and the upcoming parliamentary elections.Ambassador Baimukhan noted that the official visit to Kazakhstan by H.E. Mr. Sihasak Phuangketkeow, Deputy Prime Minister and Minister of Foreign Affairs of the Kingdom of Thailand, held on 24-26 June 2026, had given new momentum to bilateral relations. During the visit, meetings were held with the President of the Republic of Kazakhstan, H.E. Mr. Kassym-Jomart Tokayev, and Deputy Prime Minister – Minister of Foreign Affairs of the Republic of Kazakhstan H.E. Mr. Yermek Kosherbayev. The two foreign ministries signed an Action Plan, while the Kazakhstan–Thailand Business Forum further demonstrated the strong interest of the business communities of both countries in expanding cooperation.Particular attention during the meeting with Vice Minister Dr. Santitarn Sathirathai was paid to advancing the Convention for the Avoidance of Double Taxation and the Agreement on the Promotion and Mutual Protection of Investments, as well as enhancing cooperation with the Astana International Financial Centre (AIFC).The interlocutors reaffirmed their mutual interest in further deepening bilateral economic, financial and investment cooperation and expressed their readiness to continue close interaction in implementing the agreements reached during the recent official visit of Deputy Prime Minister and Minister of Foreign Affairs H.E. Mr. Sihasak Phuangketkeow to Kazakhstan.For reference: Bilateral trade between Kazakhstan and Thailand reached 255.1 million US dollars in 2025, representing a 7.8% increase compared to the previous year. Kazakhstan remains Thailand's largest trading partner in Central Asia. Considerable potential remains for expanding cooperation in investment, agribusiness, transport and logistics, the digital economy and tourism. Source : https://www.gov.kz/memleket/entities/mfa-thailand/press/news/details/1254933?lang=ru
Kazakhstan delegation participates in the ninth session of the UN ESCAP Committee on Environment and Development
14.07.2026
Bangkok, 3 July 2026 – The delegation of the Republic of Kazakhstan, led by Ms. Inkar Abzhali, Head of the Division of Multilateral Cooperation and Investments of the Department of International Cooperation at the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan, participated in the ninth session of the Committee on Environment and Development of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), held from 1 to 3 July 2026 at the Commission’s headquarters in Bangkok.During the session, ESCAP member States, representatives of international organizations and experts discussed priority areas for regional cooperation on sustainable development, including climate change adaptation, sustainable natural resource management, circular economy, biodiversity conservation and sustainable urban development.At the side event “Realizing Synergies in Asia and the Pacific through a Sustainable Bioeconomy” and the expert group meeting “Strengthening Resilient and Sustainable Urban Development in Asia and the Pacific,” the Kazakh delegation presented Kazakhstan’s ongoing efforts to advance the national environmental agenda. These include enhancing climate policy, developing renewable energy, promoting green economy principles, conserving biodiversity, and modernizing waste and natural resource management systems.Kazakhstan’s participation in the Committee’s work reaffirmed the country’s readiness to contribute to initiatives aimed at promoting environmentally sustainable and inclusive development in the Asia-Pacific region.Source : https://www.gov.kz/memleket/entities/mfa-thailand/press/news/details/1254937?lang=ru
AMNESTY 2026: WHOSE DEBTS WILL THE TAX AUTHORITY FORGIVE?
14.07.2026
According to the Law of the Republic of Kazakhstan dated July 1, 2026, No. 329-VIII "On Amnesty in Connection with the Adoption of the New Constitution of the Republic of Kazakhstan," a large-scale exemption from administrative penalties is provided, including violations handled by the state revenue authorities.Below is a detailed analysis of which tax and customs penalties are subject to write-off and which are not.Key Conditions for ExemptionThe amnesty applies to individuals, individual entrepreneurs, and persons engaged in private practice (lawyers, notaries, etc.).The main criteria for writing off a fine are:The fine was imposed by an official of a state revenue authority, not by a court.The fine was not executed (not paid in full or in part) at the time the law entered into force — July 1, 2026.The violation is not included in the list of exceptions established by Article 8 of the Law on Amnesty.Which violations ARE EXEMPT from finesViolations considered by the state revenue authorities under Article 720 of the Code of Administrative Offences (CAO) fall under the amnesty, provided they are not on the list of "prohibited" articles. Generally, these are procedural and less severe violations:Violation of registration deadlines: failure to meet the deadline for submitting an application for tax registration (Art. 269 CAO).Errors in special tax regimes: unlawful application of a special tax regime (Art. 270 CAO).Suspension of reporting: conducting business activities during a period when filing reports has been suspended (Art. 271 CAO).Overdue declarations: failure to submit tax reporting within the established deadline, if a fine has been imposed for this (Art. 272 CAO).Cash register (KKM) violations: all violations related to the use of cash registers, including failure to issue a receipt or cash discrepancies (Art. 284 CAO).Customs formalities: most administrative violations in the field of customs affairs (Arts. 521–558 CAO), if they were reviewed by the state revenue authorities. These include violations of the customs control zone regime, deadlines for filing declarations, procedures for storing goods, and others.Violations during export/import within the EAEU: failure to fulfill obligations when moving goods within the Customs Union (Art. 287 CAO), except for cases qualified as concealment of taxable items.🔴 Which violations ARE NOT subject to amnestyThe law establishes a strict list of exceptions. Fines under these articles must be paid in full, as they are recognized as the most socially dangerous or as infringing upon the financial stability of the state.Amnesty is denied for the following articles of the CAO:Court-imposed fines: any tax or customs violation where the fine ruling was issued by a court.Shadow economy: concealment of taxable items and other property (Art. 275 CAO).Intentional non-payment: evasion of payment of assessed taxes and other mandatory payments (Art. 277 CAO).Distortion of reporting: understating the amounts of taxes and payments in declarations and calculations (Art. 278 CAO).How will the procedure work?The exemption should occur automatically. The state revenue authorities are obliged to terminate the execution of the relevant rulings on the imposition of fines on their own initiative. Government agencies are given six months from the date the law comes into effect (i.e., until the end of 2026) to implement all amnesty measures. Enforcement proceedings for such cases are also subject to termination. Source : https://www.gov.kz/memleket/entities/kgd-zhetysu/press/news/details/1254940?lang=ru
Kazakhstan and Lithuania Reviewed Key Issues on the Bilateral Agenda
14.07.2026
Vilnius, 7 July 2026 – Ambassador of Kazakhstan to Lithuania Timur Urazayev met with Vice Minister of Foreign Affairs of Lithuania Audra Plepytė. The parties exchanged views on key bilateral and multilateral issues and discussed the upcoming round of political consultations between the foreign ministries of the two countries.The Kazakh diplomat informed the Lithuanian side about the entry into force of the new Constitution of the Republic of Kazakhstan on 1 July 2026 and the forthcoming parliamentary elections scheduled for 23 August. He outlined the key elements of the constitutional reform. Particular attention was devoted to the current stage of Kazakhstan’s cooperation with the European Union. The Ambassador briefed on the outcomes of President K.Tokayev’s official visit to Brussels in June this year, including meetings with European business representatives. The importance of signing the Horizontal Aviation Agreement was highlighted in the context of Kazakhstan–Lithuania cooperation in the field of air connectivity.The parties also discussed continued cooperation within international organisations, including Kazakhstan’s initiatives at the United Nations and the election of representatives of both countries to UN bodies.The meeting also covered the current state and prospects of bilateral economic and investment cooperation, including transport and transit challenges affecting trade flows. Both sides reaffirmed their mutual commitment to further developing a constructive political dialogue between Kazakhstan and Lithuania in the interests of the business communities of both countries. Source : https://www.gov.kz/memleket/entities/mfa-vilnius/press/news/details/1254915?lang=ru
Foreign Investors’ Council under the President of Kazakhstan Updates Its Membership
14.07.2026
Under Presidential Order No. 306 of 1 July 2026, the membership of the Foreign Investors’ Council under the President of the Republic of Kazakhstan has been updated. The revised composition replaces that approved by Presidential Order No. 174 of 1 October 2024.The Foreign Investors’ Council is an advisory body chaired by the President of Kazakhstan. It serves as a key platform for direct dialogue between the Government and the international business community. The Council traditionally brings together chief executives of major global companies and international organizations. Its foreign membership currently includes leaders of 34 leading international companies and organizations, as well as 8 observers.The updated foreign membership includes several new participants. Martin Vaujour, President of Alstom for Africa, the Middle East and Central Asia, who previously participated in the Council’s work as an observer, has become a full member. Moutaz Al-Khayyat, Chairman of Power International Holding, has also joined the Council as a full member.Observer status has been granted to Thomas Pramotedham, Chief Executive Officer of Presight AI Holding PLC, and Muhammad Sulaiman Al Jasser, President of the Islamic Development Bank.The Kazakh side of the Council has also been updated. New members include Assel Zhanassova, Deputy Head of the Presidential Administration of the Republic of Kazakhstan; Nurlan Baibazarov, Assistant to the President of Kazakhstan for Economic Affairs; Nurlan Sauranbayev, Minister of Transport of the Republic of Kazakhstan; and Ardak Zebeshev, Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan.The updated membership reflects Kazakhstan’s continued efforts to broaden its dialogue with international business. The participation of senior executives from leading global companies and financial institutions will further strengthen investment cooperation and enhance Kazakhstan’s attractiveness to global capital.Source : https://www.gov.kz/memleket/entities/invest/press/news/details/1254921?lang=ru