EU Ready to Finance Tajikistan’s Economic and Transport Corridors

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Khovar News

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DUSHANBE, 29.11.2023 (NIAT Khovar) – In Brussels, the Minister of Economic Development and Trade Zavki Zavkizoda held a meeting with the Advisor to the Director General of International Cooperation of the European Union Commission Henrik Hololei.

The discussion focused on the advancement of economic and transport corridors of Tajikistan, Central Asia as a whole and regional integration.

The Minister gave a comprehensive overview of Tajikistan’s accomplishments in the realm of economy and trade, the growth of multilateral cooperation between Tajikistan and the EU and urged the EU to fund the development of key sectors, including economic and transport corridors, energy, in particular the construction of the Rogun hydroelectric power plant, «green» economy, digitalization, construction of logistics and transport corridors for access to seaports.

In response, Hololei remarked that the Central Asian region is of great importance for the EU’s Global Gateway initiative with the aim of connecting the Central Asian region with Europe, and the EU is willing to invest in the development of economic and transport corridors of Tajikistan and Central Asia.

It was also announced that the first investment forum of Central Asia and the European Union will take place at the end of January 2024, which will provide ample opportunities to attract the attention of European investors to the Central Asian region. Tajikistan is invited to take an active part in it and present its numerous opportunities to European investors.

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