Tajikistan, Turkey discuss establishment of a joint investment fund

Tajikistan Ambassador to Turkey Ashrafjon Gulov on February 1 met in Ankara with Mr. Hassan Basri Kurt, the President of the Small and Medium Enterprises Development Organization of Turkey (KOSGEB). The Tajik MFA information department says the parties discussed the state and prospects of further expansion of economic cooperation between Tajikistan and Turkey. They, in […]

Asia-Plus

Tajikistan Ambassador to Turkey Ashrafjon Gulov on February 1 met in Ankara with Mr. Hassan Basri Kurt, the President of the Small and Medium Enterprises Development Organization of Turkey (KOSGEB).

The Tajik MFA information department says the parties discussed the state and prospects of further expansion of economic cooperation between Tajikistan and Turkey.

They, in particular, discussed steps to implement the agreements reached at the 11th meeting of the Tajik-Turkish Intergovernmental Commission for Trade and Economic Cooperation and exchanged views on the establishment of a Joint Investment Fund to finance projects of small and medium-sized businesses of both countries in Tajikistan.

The parties reportedly noted that industrial development was crucial for further development of Tajikistan’s economy, employment creation, as well as the achievement of the national strategic goals.  

Tajik ambassador and KOSGEB president agreed to develop an Action Plan based on the Memorandum of Cooperation between the State Committee on investment and State-owned Property management of Tajikistan and KOSGEB, signed on the sidelines of the 11th meeting of the Tajik-Turkish Intergovernmental Commission for Trade and Economic Cooperation and to give a special impetus to interactions on the creation of a Joint Investment fund, the Tajik MFA information department said..

The Small and Medium Enterprises Development Organization (Küçük ve Orta Ölçekli İşletmeleri Geliştirme ve Destekleme İdaresi Başkanlığı, or KOSGEB) is a Turkish government organization based in Ankara.  It was established at the Ministry of Industry and Trade, in the form of a pilot project in Gaziantep in 1973 within the frame of the International Treaty between the Government of Republic of Turkey and United Nations Industrial Development Organization, started providing service with community facility workshops for the small-scale industrial enterprises.

The Republic of Tajikistan and the Republic of Turkey established diplomatic relations on January 29, 1992.Tajik–Turkish relations are friendly and cooperative and underlined with a legal basis of more than 65 treaties and protocols which have been signed between the two countries since 1991.

The Turkish Agency for Cooperation and Coordination (TIKA) in Tajikistan plays an important role in the development of bilateral relations between the two countries.  Dozens of projects were implemented in Tajikistan by this Agency.

Join us on social media!

Article translations:

Related Article

Оби зулол
Оби зулол

Most Read

Recent Articles

Emomali Nourali and Muhiddin Asadulloyev became No. 1: Tajik judokas in the world ranking

After the "Grand Slam" in Dushanbe, the IJF ranking was updated, recording a historic result.

Media: the US struck Iranian ports but denies resuming war

Iran's military opened fire on forces that attempted to attack a pier on Qeshm Island.

Uzbekistan implements digital residency registration system

It will be possible to process it online through Face-ID.

The only GPW veteran in Dushanbe allocated more than 80,000 somoni

The mayor's office of Dushanbe allocated him 25,000 somoni.

GITEX AI Kazakhstan 2026: how Almaty became the main AI hub of Central Asia

More than 300 companies and startups, over 200 speakers and 100 investors from 50 countries — the region is entering the global stage.

A trade and economic park to be built at the border junction of Tajikistan, Kyrgyzstan, and Uzbekistan

President of the Kyrgyz Republic Sadyr Japarov familiarized himself with the project.

A project to protect soil from degradation to be developed in Central Asia

The initiative is of great significance for the mountainous countries of the region, including Tajikistan.