Doing Business in Tajikistan

Syllabus of the Subject: Doing Business in Tajikistan. Dushanbe.

1. Introduction to the Republic of Tajikistan (Central Asia)
2. Tajik Economy
3. Doing Business in Dushanbe
4. Foreign Trade of Tajikistan
5. Privatisation Process in the Republic of Tajikistan
6. Business Opportunities in Tajikistan:
   1. Energy
   2. Mining Industry
   3. Chemical industry
   4. Civil construction
   5. Manufacturing of construction materials
   6. Light and food industry
   7. Agriculture and processing of agricultural products
   8. Transport
   9. Tourism
7. Foreign Direct Investment (FDI) in Tajikistan
8. Case Study: Tajik Aluminium Company
9. Access to the Tajik market
10. Business Plan for Tajikistan

The purposes of the subject “Foreign Trade and Doing Business in the Republic of Tajikistan” are the following:

1. To analyse the Tajik economy and foreign trade
2. To evaluate the business opportunities in the Republic of Tajikistan
3. To explore Tajikistan's trade relations with the country of the student
4. To know Tajikistan's Free Trade Agreements
5. To examine the profile of the Tajik companies
6. To develop a business plan for the Tajik market

Sample of the subject - Doing Business in Tajikistan:

Description of the Subject (Online Learning): Doing Business in Tajikistan.

The Republic of Tajikistan.

1. Tajikistan shares borders with Uzbekistan, Kyrgyzstan, and Afghanistan
2. Tajik Capital: Dushanbe
3. The largest Cities: Khujand, Kulyab, Kurgan-Tube, and Khorog
4. Official language: Tajik (Persian language) and Russian
5. Tajik Population: 7 million people
6. The Tajik people represent 80% of the population
7. Independence: 1991 (URSS)
8. Landlocked country
9. Area: 141,800 square kilometres. Tajikistan is the smallest country in Central Asia
10. Mountains cover 93% of the territory of Tajikistan
11. Main religion of Tajikistan is the Sunni Islam

Tajikistan is one of the World's poorest countries.

Tajikistan belongs to the Central Eurasian Economic Area (Islamic Civilisation).

Tajik Economy.

1. Strong economic reforms
2. Tajikistan is part of the Silk Road, the Asian Trade route
3. Tajik Natural resources: precious metals (gold, silver), zinc, uranium, iron, manganese, and ore (400 mines)
4. Huge potential of hydro resources
5. The largest coal reserves of Asia
6. Legal guarantees for investors and protection of investments
7. Free economic zones
8. Tajik GDP growth: 5%
9. Tajik Currency: Somoni

Foreign Trade of Tajikistan.

1. Main Tajik exports: aluminium (50% of the total exports), hydro-power, cotton, fruits, vegetable oil, and textile
2. Largest export markets: the Netherlands, Turkey, Russia, Iran, China, and Uzbekistan
3. Main imports of Tajikistan: electricity, petroleum products, aluminium dioxide, cars, machinery, and food commodities
4. Top Tajik import partners: Russia, China, Kazakhstan, Uzbekistan, Iran, and Turkey
5. Main sectors receiving FDI: energy, civil construction, banking services, and communication sector
6. The largest investors in Tajikistan are Russia, Kazakhstan, Cyprus, China, Canada, the United States, and the United Kingdom

Tajikistan has preferential access/FTA.

1. Commonwealth of Independent States (CIS)
2. Economic Cooperation Organisation (ECO)
3. Shanghai Cooperation Organisation (SCO)
4. Armenia-Tajikistan Free Trade Agreement (FTA)
5. Central Asia Regional Economic Cooperation (CAREC) Programme
6. Eurasian Economic Community (EurAsEc)
7. Free Trade Agreement (FTA) with the Eurasian Economic Union (EEU)

Tajikistan is a member of...

1. Organisation of Islamic Cooperation (OIC)
2. Islamic Development Bank
3. World Customs Organisation
4. Economic and Social Commission for Asia and the Pacific (ESCAP)
5. Asian Development Bank (ADB)
6. Asia Cooperation Dialogue (ACD)
7. Boao Forum for Asia
8. Tajikistan - Middle East (AMED)
9. European Investment Bank
10. Economic Commission Europe (UNECE)
11. Africa-Asia Strategic Partnership (NAASP)

(c) EENI- Business School & Hispano-African University of International Business