Translated with AI
The economic delegation of the Republic of Tajikistan held a final meeting in Istanbul with Tarik Akin, Head of the Finance Department of the Investment and Finance Authority under the Presidential Administration of the Republic of Turkey. This was reported by the press service of the Securities and Special Registration Agency under the Ministry of Finance of the Republic of Tajikistan.
The meeting took place on June 20 as part of the implementation of the instructions and initiatives of the President of Tajikistan, Emomali Rahmon, aimed at developing international economic and financial cooperation, improving the capital market, attracting foreign investment, and diversifying sources of financing for the national economy. The delegation's work was led by the Minister of Finance of the Republic of Tajikistan, Fayziddin Qahhorzoda, and coordinated by the First Deputy Minister of Finance, Yusuf Majidi.
The talks concluded the Tajik delegation's official working visit to representatives of the Government of the Republic of Turkey and focused on developing strategic cooperation in investment, finance, capital markets, and attracting international capital.
The meeting was organized as part of the experience-sharing and knowledge-exchange program "Strengthening Financial and Investment Cooperation between Tajikistan and Turkey: Capital Market Development, Attracting International Investment, and Modern Financing Mechanisms," coordinated by the Turkish Cooperation and Coordination Agency (TIKA). The program aimed to study Turkey's experience in developing investment policy, developing financial infrastructure, attracting foreign investment, financing strategic projects, and enhancing economic competitiveness.
The negotiations were attended by the Director of the Agency for Securities and Special Registration under the Ministry of Finance of the Republic of Tajikistan Nigina Abdurahmonzoda, Deputy Head of the Financial Department of the Executive Office of the President of the Republic of Tajikistan Nurali Sobirzoda, as well as representatives of the Turkish side.
During the meeting, Tarik Akin presented the main activities of the Investment and Finance Authority under the Presidential Administration of the Republic of Turkey. He noted the agency's key role in shaping public investment policy, coordinating financial initiatives, developing international economic cooperation, attracting foreign direct investment, developing financial markets, and implementing priority national projects.
The parties discussed in detail capital market development, improving the investment climate, expanding institutional cooperation, and implementing international best practices in the financial sector. It was noted that, in the context of growing global competition, capital market development and the creation of modern financial institutions are becoming essential for sustainable economic growth and increased competitiveness of the national economy.
The meeting participants emphasized that Turkey's experience in investment policy, financial market development, and attracting international capital is of practical interest to Tajikistan. The parties believe that further strengthening cooperation will expand the country's investment opportunities, develop the capital market, and attract additional financial resources.
During the talks, special attention was paid to strengthening strategic cooperation in the field of investment and finance, improving the legal and institutional framework for attracting foreign direct investment, developing the capital market as an alternative source of economic financing, implementing international experience in investment management and implementing strategic projects, developing public-private partnership mechanisms, attracting institutional investors and international investment funds, introducing innovative financial instruments, digitalizing the financial sector, developing Islamic finance and sustainable finance, improving capital market infrastructure, increasing the transparency of financial markets, and exchanging experience in the field of risk management, financial regulation, and developing market institutions.
In addition, the parties discussed the creation of permanent cooperation mechanisms between government agencies and financial institutions of the two countries, the implementation of joint educational programs, the involvement of international experts, the development of joint investment projects, and the study of Turkish experience in the development of financial centers and capital markets.
Following the meeting, it was noted that Tajikistan and Turkey possess significant potential for expanding cooperation in investment, capital markets, Islamic finance, and financial infrastructure development. Participants believe that further strengthening institutional cooperation will create favorable conditions for attracting new investment and ensuring sustainable economic growth.
The Tajik delegation included representatives of government agencies, financial market regulators, as well as leading banks and capital market organizations, including the Agency for Securities and Special Registration, the Executive Office of the President of the Republic of Tajikistan, the National Bank of Tajikistan, the State Savings Bank Amonatbank, Orienbank, the International Bank of Tajikistan, and Alif Bank.
Following the talks, the parties confirmed their commitment to further developing institutional cooperation, expanding professional exchange, implementing joint initiatives, developing modern mechanisms for attracting investment, and implementing projects aimed at developing the capital market and financial sector.
The meeting participants emphasized that cooperation between Tajikistan and Turkey in investment and finance is long-term and strategic in nature and will contribute to sustainable economic growth, increased capital market competitiveness, the attraction of foreign investment, the development of the private sector, and the further integration of the Republic of Tajikistan into the international financial system.
In conclusion, it was noted that the meeting was one of the key outcomes of the Tajik delegation's official introductory visit to the Republic of Turkey and an important step towards further strengthening the strategic partnership between the two friendly states.
