Meeting of Jamshed Nurmahmadzoda with Pascal Loro

On March 3, 2020, Chairman of the National Bank of Tajikistan, Jamshed Nurmahmadzoda held a working meeting with Mr. Pascal Loro, Advisor to the President of the Republic of France on Economic Affairs in Central Asia and Ms. Yasmine Goudar, Ambassador of the Republic of France to the Republic of Tajikistan.

The Chairman of NBT- J. Nurmahmadzoda has expressed his hopes that this meeting will contribute to development and further strengthening of mutually beneficial cooperation.

During the meeting, the parties have discussed a range of issues of cooperation between the banking system of the Republic of Tajikistan and the French Republic and NBT Chairman J. Nurmahmadzoda noting the NBT’s cooperation with the Bank of France and the financial and credit institutions of France for previous year, in which framework more than 220 staff members participated in professional training, has expressed interest in resuming cooperation in this direction and other areas of banking system.

In turn, Mr. Pascal Loro referring to the visit of President of the Republic of Tajikistan, Honorable Emomali Rahmon to the French Republic in November, 2019 and signing of cooperation agreements, noted that the France has developed a roadmap for implementation of these agreements, which, in particular, identifies areas for cooperation in sphere of banking system.  “With this in mind, we decided to visit Tajikistan in order to further implement certain points of the signed agreements with the Republic of Tajikistan, to meet with officials of the relevant ministries and departments in order to prepare real ground for their speedy implementation,” has said Pascal Loro. It was noted that cooperation between the Bank of France and the National Bank of Tajikistan will be carried out according to this map, the implementation of which is scheduled for the next five-year period.

The Chairman of the National Bank of Tajikistan, Jamshed Nurmahmadzoda was pleased to accept Pascal Loro's proposal and expressed the hope that the implementation of this map will give a new impetus to the development of cooperation between the banking systems of two countries and strengthening of new areas of cooperation.
During the meeting, an exchange of views took place on the issues of training highly qualified specialists in the banking system, developing correspondent relations between commercial banks of Tajikistan and France, opening representative offices of French commercial banks in the Republic of Tajikistan, developing tourism using existing opportunities and cooperating in the field of AML/CTF.

Mr. Pascal Loro, Advisor to the President of the Republic of France on economic issues in Central Asia, noting the experience of two countries in the banking system, has expressed interest in establishing cooperation at a new level.

Regarding the development of mutually beneficial cooperation, the French Ambassador to the Republic of Tajikistan, Yasmine Goudar, has noted that "The role of the National Bank of Tajikistan in development and implementation of important reforms in the banking system deserves attention and we are ready to further develop cooperation in the banking system of two countries."

We remind that the Advisor to the President of the Republic of France on economic issues for Central Asian countries Mr. Pascal Loro has arrived with working visit to Tajikistan from March 3 to 4, 2020, during which meetings with Deputy Prime Minister of the Republic of Tajikistan Azim Ibrohim, Chairman of State Committee on Investments and State Property Management of the Republic of Tajikistan Farukh Hamralizoda, Minister of Foreign Affairs of RT Sirojiddin Mukhriddin.