Kazakhstan
Singapore and Kazakhstan share a robust and growing economic relationship. We are connected through a Services and Investment (S&I) Agreement between Kazakhstan and Singapore.
Last updated on 12 November 2026
Singapore-Kazakhstan Economic Relations
President Tharman Shanmugaratnam with Kazakhstan President Kassym-Jomart Tokayev during the latter’s State Visit to Singapore, 23 May 2024.
Singapore’s investment into Kazakhstan has increased steadily over the past five years, reflecting growing commercial interest from Singapore companies in Kazakhstan’s emerging sectors.
Singapore and Kazakhstan are connected through the Eurasian Economic Union-Singapore FTA (EAEUSFTA) that includes a Services and Investment Agreement between Kazakhstan and Singapore. This would pave the way for Singapore and Kazakhstan to further explore potential areas of bilateral economic cooperation once in force. The Kazakhstan-Singapore Services & Investment Agreement’s entry into force on 1 March 2025 will enable seamless market access for businesses in both countries, and create more opportunities for them to expand their footprint.
High-level engagements have further strengthened our bilateral cooperation. Kazakhstan President Kassym-Jomart Tokayev had made a State Visit to Singapore in May 2024, while then-President Halimah Yacob made a State Visit to Kazakhstan in May 2023, the first by a Singaporean President to Central Asia. Both sides signed a memorandum of understanding on economic cooperation during President Tokayev’s visit to Singapore, reaffirming the warm ties between our countries.
Bilateral Agreements involving Kazakhstan
Kazakhstan-Singapore Bilateral Investment Treaty (BIT)
The Kazakhstan - Singapore BIT (2018) was signed on November 21, 2018, and officially entered into force on March 29, 2024.
Singapore-Kazakhstan Avoidance of Double Taxation Agreement (DTA)
The Singapore-Kazakhstan Avoidance of Double Taxation Agreement (DTA) is an Avoidance of Double Taxation Agreement signed on 19 September 2006 and entered into force on 14 August 2007.
Plurilateral Agreements involving Kazakhstan
Eurasian Economic Union-Singapore FTA (EAEUSFTA)
The Eurasian Economic Union (EAEU) is a customs union comprising five Member States: Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. Collectively, the EAEU represents a market of US$2.6 trillion with a population of 190 million.