DUSHANBE, November 7, 2014, Asia-Plus — Tajik President Emomali Rahmon today morning met in Beijing with Mr. Li Ruogu, Chairman and President of the Export-Import Bank of China (China Exim Bank).
According to the Tajik official website, the sides discussed a number of energy and transportation projects that are being implemented in Tajikistan under financial support of China Exim Bank.
Several loan agreements between China Exim Bank and various ministries of Tajikistan are expected to be signed in Beijing today.
Today, Emomali Rahmon will also hold talks with China’s President Xi Jinping.
We will recall that Tajik President Emomali Rahmon is currently in Beijing to attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit that is taking place there from November 8-10.
Foreign Minister Sirojiddin Aslov, Minister of Finance Abdusalom Qurbonov, Presidential Adviser on Foreign Policy Erkin Rahmatullozoda, Barqi Tojik Power Holding Chairman Rustam Rahmatzoda and Tajik Railways Chairman Komil Mirzoaliyev are accompanying Rahmon on his visit to China.
Tajikistan is not member nation of APEC and Emomali Rahmon will attend the APEC CEO Summit for the first time.
Meanwhile, Chinese media sources report that the APEC CEO Summit 2014 will gather 1500 APEC Economic Leaders, CEOs and leading thinkers in Beijing to deliberate the key issues facing the development of the Asia-Pacific economic by sharing views on “Advancing Regional Economic Integration,” “Promoting Innovative development, Economic Reform and Growth” and “Strengthening Comprehensive Connectivity and Infrastructure Development.”
The Export-Import Bank of China (China Exim Bank) is one of three institutional banks in China chartered to implement the state policies in industry, foreign trade, diplomacy, economy, and provide policy financial support so as to promote the export of Chinese products and services. Established in 1994, the bank is subordinated to the State Council.
The focus of the bank is to promote foreign trade and investment. Exim Bank is not limited though to concessional funding and commercial operations form the backbone of the bank. Commercial activity includes export credits mainly in the infrastructure fields (roads, power plants, oil and gas pipelines, telecom, and water projects) and investment loans for Chinese businesses to establish overseas in the energy, mining and industrial sectors.
