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Tajikistan seeks additional EU support for energy projects

Tajikistan Materials 31 May 2024 16:34 (UTC +04:00)
Umar Abakirov
Umar Abakirov
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DUSHANBE, Tajikistan, May 31. Tajikistan has reached out to the EU with a request to increase funding for priority sectors of the economy, including the development of economic and transport corridors, energy, the "green" economy, and digitization, Trend reports.

According to the Ministry of Economy and Commerce of Kyrgyzstan, this statement was made by the Minister of Economic Development and Trade, Zavqi Zavqizoda, during discussions with Henrik Hololei, Advisor to the Directorate-General for International Partnership of the European Commission.

During the meeting, the parties discussed expanding cooperation in trade and economics, industry, the green economy, digitization, energy, transportation and logistics, environmental protection, and climate change.

Zavqizoda emphasized that Tajikistan views the EU as a reliable and important development partner for achieving the country's strategic goals and socio-economic development.

To note, Tajikistan received 91 million euros from the EU under the first phase of the EU Multiannual Indicative Program (MIP) from 2021 to 2024 for priority projects in the country. The 2024–2027 EU MIP project is being developed, with financing determined in 2024.

The volume of Tajikistan's mutual trade with the EU amounted to $401.5 million in 2023, which is a decrease of 22 percent compared to 2022.

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