Tajikistan increases trade with Europe

The trade turnover between Tajikistan and Switzerland increased by 40%, while with the European Union it grew by 14.1%.

Photo: Internet

According to the Ministry of Economic Development and Trade of Tajikistan, on December 9, Minister Zavki Zavkizoda met with the Ambassador of Switzerland to Tajikistan, David Grichting.

It was noted that the bilateral trade turnover for the first 10 months of 2022 amounted to 285.4 million dollars, and in 2021 this figure increased by 39.5 percent.

“The parties exchanged views on the expansion and further development of trade and economic cooperation between the two countries, the current state, and the prospects for partnership between Tajikistan and Switzerland,” the statement said.

During this meeting, the Tajik side presented a number of proposals for expanding cooperation, including “gradually increasing funding for priority projects of the Republic of Tajikistan, creating joint textile enterprises, producing aluminum products, and processing agricultural products.”

On the same day, the Ministry of Economic Development and Trade of Tajikistan reported that Minister Zavki Zavkizoda met with the head of the European Union mission and advisor to the Director-General of the European Commission for Trade, Eva Sinovets.

At the meeting with the representative of the European Union, it was noted that the bilateral trade turnover increased by 14.1% over the first 10 months of 2022. The European Union supports projects in the economic and social spheres in Tajikistan.

It was reported that Eva Sinovets also expressed readiness to discuss the issue of “unilateral exemption from customs duties on goods and products produced in the Republic of Tajikistan in response to a request from the Tajik side to expand trade and economic cooperation, support domestic producers, and access the markets of European Union countries.”