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Tajikistan increases precious metal exports
In the first quarter of 2024, the export of precious metals from Tajikistan significantly increased. According to Sputnik Tajikistan, the sales volume in the first quarter of 2024 grew by more than 1250% compared to the same period in 2023. The amount received by Tajikistan from the sale of precious metals was approximately 298 million […]
In the first quarter of 2024, the export of precious metals from Tajikistan significantly increased.
According to Sputnik Tajikistan, the sales volume in the first quarter of 2024 grew by more than 1250% compared to the same period in 2023.
The amount received by Tajikistan from the sale of precious metals was approximately 298 million dollars.
During this period, the country exported precious metals worth a total of 614 million dollars, nearly 50% of which went to Switzerland.
In 2023, Tajikistan exported goods and products worth about 2 billion 448.8 million dollars, with the share of precious metals, according to the Minister of Economic Development and Trade of the Republic, Zavki Zavkizoda, amounting to 46.6%.
According to authorities, the confirmed gold reserves in the country’s mines amount to approximately 500 tons.
Although Tajikistan exports hundreds of types of goods and products, in recent years the export of gemstones and metals from Tajikistan has attracted the attention of experts, raising many questions.
Experts note that enterprises engaged in the extraction of metals and gemstones in Tajikistan are mainly controlled by Chinese and Russian companies. However, some of these companies are state-owned, although their share is small, and partially held by high-ranking officials in the country. These individuals are also involved in the trade of these valuable resources, bringing in a small profit to the state treasury.