Tajikistan hopes that Japanese investments will flow into its economy after signing of a government-to-government agreement between Tajikistan and Japan on liberalization, encouragement and mutual protection of investments. They side are currently carrying out negotiations on signing this document.
The head of the State Committee on Investment and State-owned Property Management (GosKomInvest), Farrukh Hamralizoda, at the end of last week met here with Mr. Toshihiro Aiki, Special Representative in charge of Central Asia, the Ministry of Foreign Affairs of Japan, on the sidelines of the 12th Senior Officials’ Meeting of “Central Asia plus Japan” Dialogue that took place in Dushanbe on January 26.
According to the GosKomInvest press center, the sides agreed to speed up the negotiating process aiming at signing this agreement.
In the course of the talks, Hamralizoda reportedly briefed Japanese diplomat on the investment and business climate in Tajikistan.
The two sides also discussed issues related to prospects of further expansion trade and economic cooperation between Tajikistan and Japan, according to the GosKomInvest press center.
Statistics shows that the volume of foreign direct investment (FDI) from Japan in Tajikistan has amounted to only 1 million U.S, dollars.
Meanwhile, by the end of 2016 the overall volume of accrued FDI in Tajikistan has amounted to nearly 3.1 billion U.S. dollars.
China accounted for some 32 percent (1.016 billion U.S. dollars) of the overall volume of FDI accumulated in Tajikistan by 2016.
In the first quarter of 2017, the volume of FDI in Tajikistan amounted to more than 160 million U.S. dollars and China accounted for 60 percent (more than 76 million U.S. dollars) of that volume.
