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Tajikistan - Latest News/Current Events, Economic Overview & Trade Relations

AEI | Quick Facts about Tajikistan

Official Name Republic of Tajikistan
Capital Dushanbe
Location Central Asia, west of China
Area total: 143,100 sq km land: 142,700 sq km water: 400 sq km
Climate midlatitude continental, hot summers, mild winters; semiarid to polar in Pamir Mountains
Terrain Pamir and Alay Mountains dominate landscape; western Fergana Valley in north, Kofarnihon and Vakhsh Valleys in southwest
Tajikistan
Tajikistan

Mixed Reports about Electricity Rationing in Tajikistan

Electricity rationing in the center of northern Sughd Province has been suspended in Tajikistan.

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Tajikistan

Tajikistan Establishes Two Free Economic Zones

Tajikistan has established two free economic zones according to the Tajik Deputy Minister of Economic Development Larissa Kislyakova.

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Tajikistan

Tajikistan to Continue to Build Power Plant Despite Global Crisis

Despite the global financial crisis, Tajik government has re-stated its commitment to budget for the largest hydroelectric power station in Central Asia.

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Tajikistan

Tajiks Lose Jobs and Hopes as Crisis Hits the Poor

Many previous members of the Former Soviet Union have been impacted by Russia's financial crisis.

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Tajikistan

Tajikistan Weathers Energy, Food Shortages through Winter

Last year Tajikistan was faced with energy infrastructure failure that left hundreds of Tajiks dead due to the extreme cold and the crop devastation that left many without food.

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Tajikistan

Uzbekistan Curtailing Gas Deliveries Due To Tajik Debt

Uzbekistan is forcing Tajikistan to fully repay its $18 million debt before Uzbekistan will restart full gas export services to the country.

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Trade Agreements

CISFTA - Commonwealth of Independent States FTA

Never fully implemented by all members, although Free Trade Area was created in 1999; future prospects unclear. http://www.worldtradelaw.net/fta/agreements/cisfta.pdf

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Eurasian Economic Community Customs Union

The EAEC attempts substantial integration in post-soviet nations. It arose out of the CIS customs union as all the members were CIS members. The agreement strives to create a common market, customs union, standardized currency exchange, develop programs for social and economic development, a general energy market and several equal rights for citizens, including health care. The EAEC consists of an intergovernmental council, Secretariat, Commission of the Permanent Representatives, Interstate parliamentary assembly, Law Court, and Integration Committee. http://secretariat.efta.int/Web/ExternalRelations/PartnerCountries/Singapore

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US - Central Asian TIFA

The US-Central Asian TIFA will allow member countries to address trade issues and promote US trade and investment to Central Asia.  It will open up a market of 55.9 million consumers to the United States. A Council was created with the agreement to promote an ongoing dialogue and open forum for countries improve trade relations.http://www.ustr.gov/assets/Trade_Agreements/TIFA/asset_upload_file683_7722.pdf

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Trade Organizations

Economic Cooperation Organization (ECO)

The Economic Cooperation Organization (ECO) is an intergovernmental international organization involving ten Asian nations. It provides a platform to discuss ways to improve development and promote trade, and investment opportunities. The nations involved are Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan. The common objective is to establish a single market for goods and services, much like the European Union. ECO's secretariat and cultural department are located in Tehran, its economic bureau is in Turkey and its scientific bureau is situated in Pakistan.

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Eurasian Economic Community (EuAsEC or EAEC)

The Eurasian Economic Community (EuAsEC or EAEC) is an intergovernmental organization of 6 nations and is also part of the CIS Customs Union. All members are also members of the older Commonwealth of Independent States.

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