The European Union (EU) will allocate 141 million US dollars in grants and concessional loans to Tajikistan for development of the priority sectors of its economy, says the press center of the Ministry of Economic Development and Trade (MoEDT) of Tajikistan.
The Minister of Economic Development and Trade, Mr. Zavqi Zavqizoda, met with European External Action Service Deputy Managing Director, Mr. Luc Devigne, on July 16 here on the sidelines of the eleventh annual meeting of the EU-Tajikistan Cooperation Committee.
In the course of the talks, the Tajik minister outlined trade, energy, industry, healthcare, education, rural development, border security, green economy, establishment of technoparks, digitalization and completion of construction of the Roghun hydropower plant as priority areas of Tajikistan’s economy.
Minister Zavqizoda reportedly briefed the EU delegation on the country's achievements in these sectors and requested increased funding for priority areas, including green energy, construction of hydropower plants, transportation and logistics, and strengthening border control.
The MoEDT press center says that following these discussions, the EU noted that grants and concessional loans totaling US$141 million, with US$101 million provided as grants, will be allocated to Tajikistan for these priority areas.
The EU's allocation of US$141 million in grants and concessional loans underscores the commitment to supporting Tajikistan's economic development and strengthening bilateral relations. The focus on diverse sectors such as green energy, infrastructure, and digitalization reflects the comprehensive approach towards sustainable growth and improved governance in Tajikistan.
Recall, co-chaired by the Deputy Minister of Economic Development and Trade, Mr. Ahliddin Nouriddinzoda, and European External Action Service Deputy Managing Director, Mr. Luc Devigne, the Cooperation Committee meeting took place in Dushanbe on July 16.
The EU Delegation to Tajikistan says the parties reviewed the state of play of their bilateral relations, exchanged views on the most topical political and socio-economic developments, and discussed cooperation in a vast array of areas, including water, environment, energy, trade and investment. They also touched upon regional and international issues, being of mutual interest, including the situation in Afghanistan, the increased threat of international terrorism and violent extremism.
