One of the promising areas of cooperation is the transit of products from Azerbaijan to China via Tajikistan, Deputy Minister of Economic Development and Trade of Tajikistan Solehzoda Ashurboy Abdulvahid said.
“We additionally see the potential for cooperation within the transit of products from Tajikistan via Azerbaijan to European nations. Tajikistan is striving to change into a transit nation.
Tajikistan is situated on a part of the Silk Road, and helps China’s “One Belt, One Road” initiative. Tajikistan’s location is favorable for the transit of products to China, Afghanistan, Pakistan, India and different nations,” the deputy minister mentioned.
He additionally highlighted Tajikistan’s development alternatives within the textile, agricultural and meals industries, mining, and exploration of mineral assets, noting that these areas could also be significantly fascinating to traders from Azerbaijan.
In addition, the deputy minister famous the significance of the implementation of investments for the distribution of aluminum in Tajikistan, the export of aluminum from Tajikistan to Azerbaijan and the export of alumina.
He additionally mentioned that an vital facet of cooperation is the help of advantages for the transit of products, particularly aluminum and concentrates from Tajikistan via the territory of Azerbaijan.
The information of the State Customs Committee of Azerbaijan reveals that the commerce turnover between Azerbaijan and Tajikistan amounted to $4.5 million from January via September 2023, an improve of 15.01 p.c in comparison with the identical interval in 2022 ($3.9 million).