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Tajikistan sets on promoting financial and banking ties with Germany

Tajikistan Materials 29 September 2023 18:00 (UTC +04:00)
Umar Abakirov
Umar Abakirov
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DUSHANBE, Tajikistan, September 29. Tajikistan is eager to promote mutually beneficial cooperation with Germany in the development of its financial and banking sector, economic digitization, and use of green bonds, Trend reports.

This declaration was delivered by the president of Tajikistan, Emomali Rahmon, during his speech at the Central Asia and Germany Economic Forum.

Rahmon underlined that the goals of Tajikistan, including its favorable demographic trends, wealth of natural resources, and ability to produce green energy, may form the basis for collaboration between Tajikistan and Germany.

He added that Tajikistan is regarded by major financial organizations as having a rapidly expanding economy.

The nation has maintained an average yearly economic growth rate of more than 7% for the past ten years. Around 90% of goods and services produced in Tajikistan are produced by the country's growing private sector.

Additionally, Tajikistan has established the prerequisites for luring foreign investment, and trade abroad is growing. The legal framework of the nation offers financial incentives and legal protections for secure commercial and investment activity.

Rahmon attended the meeting of the leaders of Central Asia with Frank-Walter Steinmeier, the Federal President of Germany, as part of his trip to that country.

The event took place in the format of a working breakfast, and it was also attended by President of Kazakhstan Kassym-Jomart Tokayev, President of Kyrgyzstan Sadyr Japarov, President of Uzbekistan Shavkat Mirziyoyev, and the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov.

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