DUSHANBE, September 12, 2014, Asia-Plus – Tajik President Emomali Rahmon yesterday met here with his Kazakh counterpart Nursultan Nazarbayev on the sideline of the Shanghai Cooperation Organization (SCO) summit.
The Tajik president’s official website reports the sides discussed issues related to state and prospects of further expansion of friendly relations and many-sided cooperation between Tajikistan and Kazakhstan.
Speaking at the meeting, President Rahmon noted that Kazakhstan was Tajikistan’s second largest trading partner after Russian among CIS states.
The sides reportedly pointed to the necessity of intensifying activities of the joint intergovernmental commission for trade and economic cooperation and improvement of conditions of work of Open Joint-Stock Company OJSC Kazakh-Tajik Joint Investment Fund.
They expressed confidence that new documents on cooperation between Tajikistan and Kazakhstan, in particular on conditions of use of financial resources of the joint investment fund, will be more attractive for entrepreneurs.
Rahmon and Nazarbayev also discussed cooperation between their countries within the framework of regional and international organizations.
Open Joint-Stock Company OJSC Kazakh-Tajik Joint Investment Fund was officially opened in Dushanbe on February 9, 2011.
The heads of state of Tajikistan and Kazakhstan signed an investment deal in Dushanbe in September 2007 during Kazakh President Nursultan Nazarbayev’s official visit to Tajikistan. The sides agreed to set up a joint investment fund of 100 million U.S. dollars that will be used to invest in projects in Tajikistan. Under the agreement, Kazakhstan provides 80 percent of the money for the fund.
The fund reportedly gives priority to the economic areas that are of interest of both countries: electric power generation, agriculture, the mining industry and other important spheres of the economy.
