Business in Tajikistan

EENI- School of International Business

Subject: Doing Business in Tajikistan. Dushanbe. Syllabus:

1. Introduction to the Republic of Tajikistan (Central Asia)
2. The 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. The 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: The 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 student's country
4. To know Tajikistan's Free Trade Agreements
5. To examine the profile of Tajik companies
6. To develop a business plan for the Tajik market

Sample of the subject - Doing Business in Tajikistan:

Description of the Subject (Doing Business in Tajikistan).

The Republic of Tajikistan.

1. Tajikistan shares borders with Uzbekistan, Kyrgyzstan, and Afghanistan
2. Capital: Dushanbe
3. The largest Cities: Khujand, Kulyab, Kurgan-Tube, and Khorog
4. The official language: Tajik (Persian language) and Russian
5. Tajik Population: 7 million people
6. 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. The 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 of the Islamic Civilisation.

The Tajik Economy.

1. Strong economic reforms
2. Tajikistan is part of the Silk Road, the Asian Trade route
3. 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. The Legal guarantees for investors and protection of investments
7. Free economic zones
8. The Tajik GDP growth: 5%
9. The Tajik Currency: Somoni

The Foreign Trade of Tajikistan.

1. The main Tajik exports: aluminium (50% of the total exports), hydro-power, cotton, fruits, vegetable oil, and textile
2. The largest export markets: the Netherlands, Turkey, Russia, Iran, China, and Uzbekistan
3. The 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. The main sectors receiving FDI: energy, civil construction, banking services, and communication sector
6. The largest investors 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 Social Commission Asia-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)