Tajik capital hosts Tajikistan-Kazakhstan business forum

Asia-Plus

Tajik capital has hosted a Tajikistan-Kazakhstan business forum that is being held at Hilton Dushanbe Hotel today.  

The Chamber of Commerce and Industry of Tajikistan (CCI) says more than 15 Kazakhstan’s companies are participating in the event, putting on display their achievements in food industry, agriculture, mining, geological survey, production of telecommunication equipment and transformers and relevant industries.  

An official source at the CCI says the main purpose of the forum is to help in the search for potential partners and expansion of trade and economic cooperation between the two countries.  

The previous Tajikistan-Kazakhstan business forum that took place in Kazakhstan’s capital, Astana, on May 3 this year on the sidelines of Tajik President Emomali Rahmons’ state visit to Kazakhstan has resulted in signing of 40 cooperation documents totaling worth 2.6 billion U.S. dollars the Kazakh.  

More than 200 entrepreneurs and senor representatives of companies and enterprises of both countries participated in the event, which was chaired by Tajik Deputy Prime Minister Sulaimon Ziyozoda and Kazakh Vice-Premier Serik Zhumangarin.  

The parties, in particular, discussed construction of logistics centers as well as wholesale distribution centers in Tajikistan.

The parties also agreed to launch joint ventures in Tajikistan’s free economic zones.

According to data of the Agency for Statistics under the President of Tajikistan, a two-way trade between Tajikistan and Kazakhstan over the first six months of this year has valued at 559,945.3 US dollars.  This consisted of Tajikistan’s exports to Kazakhstan estimated at 153,434.9 US dollars and Tajikistan’s imports from Kazakhstan worth 406,310.4 US dollars.

Last year, the bilateral trade between the two countries reportedly valued at 1,441,181,200 US dollars.  This consisted of Tajikistan’s exports to Kazakhstan estimated at 483,915,400 US dollars and Tajikistan’s imports from Kazakhstan worth 957,265,800 US dollars.   

 

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