Tajikistan and Russia are boosting economic cooperation between their regions.
A business mission of Russia’s Altai Krai has arrived in Tajikistan to discuss trade and economic cooperation with Tajikistan. Their visit schedule includes a number of events to be held in Dushanbe and Khujand, the administrative center of the northern Sughd province.
The visit was reportedly organized by the Russian Trade Representative Office in Tajikistan, Altai Small and Medium-sized Enterprise Support Center, Altai Chamber of Commerce and Industry in cooperation with Tajikistan’s Chamber of Commerce and Industry and Sughd Chamber of Commerce and Industry.
The Altai business mission members include senior representatives of six Altai companies, including the limited liability companies Voskhod, Oduvanchik, Alkey, Barnaulsky Kotelny Zavod (Barnaul Boiler Plant), SistemServis, Dary Poley, and Veles Trading House.
A business forum of entrepreneurs of Tajikistan and Russia’s Altai Krai is taking place in Dushanbe tomorrow.
While in Tajikistan, the Altai business mission members are also scheduled to hold talks with senior representatives of Dushanbe and Khujand administrations. They will also visit a number of enterprises in Dushanbe and Khujand and the Sughd free economic zone (FEZ).
In 2015, a two-way trade between Tajikistan and Russia’s Altai Krai reportedly amounted to more than 23 million U.S. dollars.
Altai Krai is a federal subject of Russia (a krai). It borders with, clockwise from the west, Kazakhstan, Novosibirsk and Kemerovo oblasts, and the Altai republic. The krai’s administrative center is the city of Barnaul. The krai is favorably located close to major sources of raw materials, has a well-developed infrastructure, especially in the area of heavy industry, and an abundance of natural resources. It is a major industrial and agricultural region of the country. There are more than 2000 industrial companies operating in both heavy and light industry. The leading sectors are the power, engineering, chemical and petrochemical, building material, textile, and light industries. This increase is particularly noticeable in the flour-, grain-, and feed-milling and chemical and petrochemical industries and in individual heavy industry sectors, tractor production. Small and medium business is developing rapidly in Altai krai, which is a necessary condition for economic stability and growth. Today, nearly a quarter of the entire working population is employed in this sector.
