During a meeting on May 29, Firdavs Tolibzoda, Chairman of the National Bank of Tajikistan, and Mr. Cai Xuejun, General Director of the Silk Road Fund of the People's Republic of China, discussed the possibility of establishment of a joint investment platform.
During the discussion, the Chairman of the National Bank of Tajikistan emphasized that enhancing and fostering bilateral relations with the People's Republic of China is one of the priority lines of Tajikistan's foreign policy. Tajikistan actively participates in the "One Belt One Road" Initiative and has established a consistent mechanism of cooperation and dialogue with China over the years. The collaboration within this Initiative continues to progress annually.
In this regard, it was called to increase the investment of the People ‘Republic of China in credit organizations and insurance companies in Tajikistan. It was noted that Tajikistan has created a favorable environment for opening of foreign banks and their branches and there is no any obstacles in investment in the banking and insurance sectors.
The Director General of the "Silk Road" Fund shared his perspective on how the capital of the People’s Republic of China has contributed to Tajikistan's economy, as well as the potential for foreign investment in the banking system and other areas of collaboration.
During the meeting, the participants not only familiarized with the current situation of the banking system and macroeconomic indicators of the Republic of Tajikistan, but also discussed the establishment of a financial and investment platform between Tajikistan and China. Additionally, priority projects and the expansion of cooperation were also discussed.
The parties assured that signing of the Memorandum of Understanding on establishment of "China-Tajikistan Joint Investment Platform" will contribute to achieving the objectives discussed in the meeting.
Press Division NBT
Views: 5176
30.05.2024