19th session of the Consultative Council on Improvement of Investment Climate held in Dushanbe yesterday

Asia-Plus

Presided over by President Emomali Rahmon, the 19th session of the Consultative Council on Improvement of Investment Climate under the President of Tajikistan took place in Dushanbe on February 21.  

Speaking at the session, the head of state raised issues related to the implementation of measures for large-scale use of energy capacity in various sectors of the economy jointly with trade partners and countries of the region, improving the country's position in the Doing Business report, developing regulatory documents on estimation of effectiveness of existing investment incentives, strengthening the process of introducing advanced information technologies into the activities of state bodies, improving the state business regulation and other issues, according to the Tajik president’s official website. 

Chairman of the State Committee on Investment and State-owned Property Management (GosKomInvest), Farrukh Hamralizoda, who is also the Council’s Executive Secretary, reported on the results of monitoring of implementation of decisions of the Council’s 18th session. 

He, in particular, reported on introduction of electronic civil registration and digitalization of the database, development and submission of the draft Government Action Plan on Improvement of the country's position in the ranking of the Doing Business report in a new edition, introduction of online state registration of legal entities and individual entrepreneurs, payment of state duty for state registration and taxes with the use of a national card, VISA and MASTERCARD, launching the electronic system of the Unified State Collateral Register for registering pledges of movable property and adopting a package of laws within secured transaction system reform, introducing amendments and modifications to the Tax Code and Customs Code envisaging in total 30 incentives to improve investment and business climate.

Minister of Finance, Faiziddin Qahhorzoda delivered a statement on the results of analysis on taxation and customs system and effectiveness of offered intensives.

Minister of Education and Science, Said Nouriddin, reported on the results of the analyses on improvement of investment and business climate in education and science sectors. 

On the last issue of the session’s agenda, the Council’s Executive Secretary, Farrukh Hamralizoda, reportedly proposed issues on analyzing the cluster development in agri-industiral sector as well as improvement of investment climate in IT and telecommunications sector for consideration in subsequent sessions of the Council.

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