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Commercial News Update - Tajikistan
November, 2007
Prepared by: Jamshed Rahmonberdiev, BISNIS Representative
in Tajikistan
INTERNATIONAL COPYRIGHT, U.S.
& FOREIGN COMMERCIAL SERVICE AND
U.S. DEPARTMENT OF STATE,
2007. ALL RIGHTS RESERVED FOR USE
OUTSIDE OF THE UNITED STATES.
In this issue of Commercial
News Update:
$18 Billion Plan to Build New ‘Silk Roads” through Central Asia
ADB Assists in Rehabilitation of Road Network in Central Asia to Foster Trade
President Rahmon discussed energy issues with Iran’s Minister of Energy
Electricity supply deal signed between Central, South Asia
According to the web-site of
the Asian Development Bank (http://www.adb.org/carec)
At their Sixth Ministerial Conference on 2-3 November 2007, Ministers from the
eight countries participating in the Central Asia Regional Economic Cooperation
(CAREC) Program (i) adopted a Joint Ministerial Statement that highlights
accomplishments of the Program in recent years, outlines a vision for the
Program to 2018, and defines the 2008 work program; (ii) endorsed the Report of
Senior Officials to the Ministerial Conference , which provides a detailed
accounting of the Program's progress and activities in 2007; (iii) endorsed the
CAREC Transport and Trade Facilitation Strategy , an ambitious 10-year strategy
to develop six transport and trade corridors linking the CAREC countries to
each other and to major international markets; and (iv) endorsed the CAREC
Institute Prospectus , which outlines the mission, purpose, goals and plans for
establishment of the Institute. Conference papers and presentations can be
accessed through the interactive agenda. back to headlines
The World Economic Forum
released its Global Competitiveness Report for 2007-2008. According to the report Tajikistan ranked at
117th position out of 131 countries. back to headlines
Source: http://www.gcr.weforum.org/
According to the press
release by the Asian Development Bank, eight countries on Saturday agreed to an
$18 billion strategy to improve Central Asia’s network of roads, airports,
railway lines and seaports to make the region a vital transit route for trade
between Europe and Asia – a modern-day equivalent of the ancient Silk Road.
The plan was agreed at a meeting in Dushanbe, Tajikistan
attended by Ministers from Afghanistan, Azerbaijan, People’s Republic of China,
Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan and Uzbekistan, and supported
by ADB and five other multilateral institutions. back to headlines
Full text is available at: http://www.adb.org/media/Articles/2007/12241-central-asian-roads-transports/
According the press release
by the Asian Development Bank (ADB), the Bank is providing financial assistance
to rehabilitate a key regional road network to reduce transport costs and
foster trade and cooperation among Kyrgyz Republic, Tajikistan, other Central
Asian nations, and neighboring People’s Republic of China (PRC).
ADB will provide $79 million in loans and grants to cover
most of the funding needs of the Central Asia Regional Economic Cooperation
(CAREC) Regional Road Corridor Improvement Project, which is estimated to cost
$116 million. ADB will extend a $40.9 million loan and a $12.5 million grant to
Tajikistan, while Kyrgyz Republic will receive a $25.6 million grant for the
project. The balance will be covered by the governments of the two
countries. back to headlines
Full text is available at: http://www.adb.org/media/Articles/2007/12240-central-asian-roads-networks/
According to Presidential
Press Service, Tajikistan President Emomali Rahmon met with visiting Iranian
Energy Minister Saheed Parviz Fattah on November 10 to discuss energy
issues. In particular, the parties
discussed progress on construction of the Sangtuda-II hydropower station in
Tajikistan. back to headlines
ISLAMABAD: An agreement was
signed in Kabul to implement a $500 million electricity connection between
Central and South Asia. In its first stage, the project would transfer around
1,300 megawatts of electricity from Tajikistan and the Kyrgyz Republic to
Pakistan and Afghanistan. back to
headlines
Source: http://www.dailytimes.com.pk/default.asp?page=2007%5C11%5C22%5Cstory_22-11-2007_pg7_57
Disclaimer:
The information provided in this report is intended to be of assistance to U.S.
exporters. While we make every effort to ensure its accuracy, neither the
United States government nor any of its employees make any representation as to
the accuracy or completeness of information in this or any other United States
government document. Readers are advised to independently verify any
information prior to reliance thereon. The information provided in this report
does not constitute legal advice.
For more information on Tajikistan, visit BISNIS online at http://www.bisnis.doc.gov/bisnis/country/tajikistan.cfm
BISNIS (www.bisnis.doc.gov) is part of the U.S.
Commercial Service (www.export.gov).