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Thursday, November 12, 2026Local news for Suffolk County, Massachusetts.
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Business · Israel and Gaza

Israel, Kazakhstan seal tax pact ending 10-year standoff

The deal, signed during a high-level economic summit in Jerusalem, aims to cut red tape for cross-border investors and formalize ties following Kazakhstan's recent entry into the Abraham Accords.

By Harvey Wilson ·

Illustration for: Israel, Kazakhstan seal tax pact ending 10-year standoff
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Israel and Kazakhstan finalized a double taxation agreement on Monday, concluding a negotiation process that stretched past the ten-year mark. The accord was signed during the tenth session of the bilateral Joint Economic Commission, held in Jerusalem and co-led by Finance Ministry official Ze'ev Elkin and Kazakh Deputy Prime Minister Zhaslan Madiyev.

The primary objective of the treaty is to clarify which country holds taxing rights over specific income streams. By establishing this framework, the governments intend to lower the risk that businesses and investors pay taxes on the same earnings in both jurisdictions. While the agreement is expected to streamline cross-border commerce, officials have not yet released the specific implementation dates or detailed provisions to the public.

The signing ceremony was part of a larger diplomatic push that included memoranda of understanding on artificial intelligence, labor standards, and cybersecurity. The two nations also issued a joint declaration on space cooperation. The meeting drew representatives from twelve Israeli government ministries and nine Kazakh deputy ministers, reflecting a broad institutional commitment to expanding economic ties.

Madiyev's visit marks the highest-ranking Kazakh official trip to Israel in a decade. He arrived with a delegation exceeding 50 senior officials and state company representatives. This engagement follows President Isaac Herzog's April 2026 visit to Kazakhstan and Foreign Minister Gideon Sa'ar's January trip to Astana, both of which helped lay the groundwork for these current agreements.

The economic dialogue extends to Kazakhstan's critical mineral reserves, including uranium, copper, and lithium. Analysts note that Israel's technological expertise in water management and digital infrastructure could complement Kazakhstan's natural resource base. The countries also launched a joint working group on water management, led in Israel by the Israel Water Authority, to address shared challenges in irrigation and resource monitoring.

The deepening partnership occurs against the backdrop of Kazakhstan's accession to the Abraham Accords in November 2025. This move expanded the US-brokered framework into Central Asia and created a new platform for regional cooperation. During a business forum in Jerusalem, seven commercial documents were signed as Israeli and Kazakh firms explored opportunities in energy, infrastructure, and advanced technology.

Zhaslan Madiyev stressed that the value of the partnership depends on execution rather than ceremony. He stated that the cooperation must yield concrete projects, new expertise, and investments that are actively implemented in Kazakhstan. The agreement now moves to the implementation phase, where both governments will work to translate the signed documents into sustained commercial activity.

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