DUSHANBE: The National Bank of Tajikistan and the Silk Road Fund of China discussed the establishment of a joint investment platform, Trend reports.

As per the National Bank, the chairman of the Tajikistan bank, Firdavs Tolibzoda, emphasized that strengthening and developing bilateral relations with China is one of Tajikistan’s priority directions in foreign policy.

He also highlighted Tajikistan’s active participation in the Belt and Road Initiative, noting that cooperation within this initiative has been growing annually.

In this regard, he urged an increase in China’s capital in Tajik credit organizations and insurance companies. It was noted that Tajikistan has created favorable conditions for the opening of foreign banks and their branches, with no obstacles to investment in the banking and insurance sectors.

The General Director of the Silk Road Fund, Cai Xuejun, in turn, shared his views on China’s contribution to Tajikistan’s economy, the potential for foreign investment in the banking system, and
other areas of cooperation.

Both parties expressed confidence that the signing of the memorandum of understanding on the establishment of the Chinese-Tajik joint investment platform would contribute to achieving the goals set forth in the meeting.

Source: Trend News Agency