Representatives of US-UK delegation of fund managers and investment analysts show willingness to collaborate with NBT

Asia-Plus

On Monday September 16, Firdavs Tolibzoda, Chairman of the National Bank of Tajikistan (NBT), held a meeting with the high-ranking delegation consisting of fund managers and investment analysts from the United States and United Kingdom.

The press center of Tajikistan’s financial regulator says the delegation was headed by Mr. Marc Zeepvat, President & COO at Trans-National Research Corporation, USA.  

In the course of the talks, the NBT head reportedly briefed the guests on the current status of the country’s banking system, monetary policy, keeping inflation within forecast ranges, banking system statistics, investment opportunities, and banking system legislation.

He noted that despite the global complex political and economic environment, Tajikistan has made significant progress in all areas and is ensuring stable economic and financial development.

The delegation members reportedly showed willingness to collaborate with the National Bank of Tajikistan.

It was highlighted that the delegation's aim is to perform a macroeconomic evaluation and thorough analysis, identifying key areas for Tajikistan's economic growth and investment, along with addressing monetary policy issues.

In conclusion, the NBT top manager expressed optimism that the meeting will lay a solid foundation for enhancing collaboration in investment and trade, broadening economic ties between the two nations, and deepening cooperation across different economic areas of both countries.

According to data from Tajikistan’s State Committee on Investment and State-owned Property Management, the total volume of accumulated British investment in the country's economy by the beginning of 2024 has amounted to US$764 million and the total volume of accumulated US investment in the country's economy by the beginning of this year has amounted to US$735.6 million. 

In terms of investment in Tajikistan’s economy in 2007-2023, the United Kingdom and the United States took the third and fourth places, irrespectively, behind China (US$3.781 billion) and Russia (US$1.720 billion) in this indicator. 

The Agency for Statistics under the President of Tajikistan says that over the first six months of this year, the two-side trade between Tajikistan and the United Kingdom has valued at about 6 million US dollars and the bilateral trade between Tajikistan and the United States has valued at almost 3.7 million US dollars.   

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