Israel and Kazakhstan: on the Way to Innovative Economies

摘要

I guess it is necessary to look first of all at statistical data. In 2006, the bilateral trade volume valued 697.7million dollars. Exports from Kazakhstan to Israel valued 622.4million dollars and imports from Israel to Kazakhstan valued 76.2million dollars. Kazakhstan has been an exporter of oil, wheat and cotton and an importer of equipment, agricultural and plastic-wear. Based on the results of the first quarter, a minimum 30 percent growth of the bilateral trade turnover can be expected this year. The establishment of a regular air service from Almaty to Tel Aviv after a 6 yearlong break was a major economic event. The activities of the ministries of transport in both states played an important role in this. Additionally, the agreement on cancellation of double taxation and the space cooperation agreement are currently under consideration. These agreements are expected to be signed during the next meeting of the Joint Kazakhstan-Israeli Commission; the sides will also renew the general intergovernmental agreement on trade and economic cooperation. All these factors will impart a new impetus to economic relations between Israel and Kazakhstan.