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The Eurasian Development Bank (EDB) has published its macroeconomic outlook for the Bank’s six member states — Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. Bank analysts anticipate that GDP across the region’s countries will be close to a balanced growth path. Projections indicate a GDP growth in 2024 of 5.7% in Armenia, 2% in Belarus, 5% in Kazakhstan, 4.5% in Kyrgyzstan, 1.5% in Russia, and 7.3% in Tajikistan. According to EDB analysts, following Kazakhstan’s economic growth of 4.8% in 2023, an acceleration in GDP growth is anticipated for 2024, further bolstered by high investment activity. The expected decrease in interest rates is poised to provide an additional impetus. In the medium term, structural transformations are set to improve the quality of economic growth by expanding opportunities in manufacturing and service industries. Economic diversification creates prerequisites for an anticipated acceleration in 2025 and 2026, positioning Kazakhstan as a leader among Eurasian Economic Union member states in terms of growth rates. Strong domestic demand supported high economic activity in Kyrgyzstan and Tajikistan in 2023. EDB analysts project a slight deceleration in these countries in 2024, albeit with GDP growth rates still noticeably higher than the global average.
On December 11th, the U.S. Department of State hosted a meeting of representatives of C5+1 countries dedicated to protecting the rights of people with disabilities and finding practical solutions to their problems. The C5+1 diplomatic platform represents the U.S. Government’s holisitc approach to Central Asia, jointly engaging all five Central Asian nations. The meeting was attended by Sara Minkara, Special Adviser to the President of the United States on the International Rights of Persons with Disabilities, Donald Lu, Assistant Secretary of State, Deputy Assistant Secretary John Mark Pommersheim, and representatives of government agencies of the USA. The Ambassadors of Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan to the United States also spoke during the meeting, which was moderated by Minkara, who shared her experience and recommendations on ensuring protection of the rights of persons with disabilities. U.S. Assistant Secretary of State, Donald Lu stressed the importance of increasing cooperation within the C5+1 format on the rights of persons with disabilities in a multilateral format. Following the meeting, the participants agreed on joint actions in this direction.
Following a meeting between government delegations, Chairmen of the National Security Committee of Kyrgyzstan, Kamchybek Tashiyev, and Tajikistan, Saimumin Yatimov, released a statement announcing that over 90% of the border between the two countries has now been agreed upon. “As a result of the work of the intergovernmental commission, agreements were reached on the harmonization of most of the state border - more than 90%,” Tashiyev said. “Work on the remaining sections will be completed soon, starting with Kayragach, Kulundu, Maksat, Arka, Arka-1, Arka-2, Zhany-Zher and up to Zhiydelik. The Working Group has fully completed the coordination. At the moment, we have almost completed work on the disputed areas about which there were questions." According to Tashiyev, several more meetings will be necessary to complete the demarcation and delimitation of the state border. In turn, Yatimov noted that vital issues were discussed at the meeting of the delegations. “There is a common interest, common goals, and common causes between the two states,” he said. “This is the security and socio-economic development of our states. A lot of work has been done today - we have advanced more than 120 kilometers, and have agreed on these issues in principle. If we take the total length of the state border between Tajikistan and Kyrgyzstan, Kamchybek Kydyrshayevich and I can confirm that over 90% of the state border has been agreed. We are really close to solving these issues.”
A new agreement has been reached between Tajikistan and China, which will bring the republic closer to having high-speed internet throughout the country after Tajikistan's Communications Service and a subsidiary of HUAWEI signed a memorandum of cooperation in the field of digital technologies. This will lead to the supply and installation of 7,600 base stations with GSM/UMS/LTD/5G as standard, it was reported. “This will contribute to the development of mobile communications and fixed broadband networks in Tajikistan,” the regulator said in a statement. “At the same time, given the rapid development of information technology, this will allow operators to have instant access to the latest equipment.” The agreement also provides for cooperation and the involvement of personnel in the field of communications, mobile operators and Huawei Technology Tajikistan specialists in the development of a single modernization project. The agreement was signed by the Head of the Communications Service, Bek Saburov, and the CEO of Huawei's subsidiary, Ma Chan, as part of the State Program for the Improvement and Development of Mobile Communications in 2024-2028. Earlier, the Communications Service made the unexpected decision to allow two private companies to supply internet to the country through international channels. According to a Sputnik Tajikistan source, the companies are TT Mobile (MegaFon), and Indigo Tajikistan (Tcell).
As outlined in a press release on the IFC website, a new online e-system for businesses in Tajikistan developed with IFC support is being launched to help the government increase transparency, reduce its administrative burden, and improve the country's investment climate, the IFC (a member of the World Bank Group) said on December 11th. The IFC has been working with Tajikistan's State Committee on Investment and State Property Management for almost two years to help develop the new e-Services for Business System with support from the government of Switzerland. The new portal consists of: an e-Registry database comprising all existing licenses and permission documents with details of their issuance; an e-Inspection system to enable the planning and conduction of inspections and report results online; and an e-Permit platform to apply for licenses and permission documents. The new online system will help increase the transparency of activities and services provided by state authorities and minimize costs for the private sector to access information, apply for licenses and permits, provide feedback, and report on problems in the work of inspection and licensing bodies. "Simplifying administrative procedures and reducing the state impact on business activities by - among other things - reducing the number of inspections is essential to improve business confidence and attract investment," said Khurshedai Qodir, Deputy Chairperson of the State Committee on Investment and State Property Management. The portal will also enable the committee to have valuable real-time data on the number of inspections conducted and licenses and permits requested and issued. It will also enable monitoring of the extent to which state bodies comply with legal requirements in carrying out their duties. "Developing Tajikistan's private sector without improving the conditions it operates in is practically impossible," said Farukh Sultonov, IFC Country Officer in Tajikistan. "Accessible administrative systems are key to help public authorities cut bureaucracy, reduce costs and time for the private sector, and strengthen the country's investment climate."
Trade turnover between Tajikistan and Azerbaijan increased by more than 26% in the first ten months of this year, amounted to more than $ 5 million, the customs authorities of Azerbaijan reported, adding that $4.6 million of this is accounted for by exports to Tajikistan. It was recently reported that Tajikistan and Azerbaijan have signed a number of cooperation agreements, particularly in investments aimed at improving the industrial sector. Among the key areas are projects for the launch of an oil refinery in the Dangara SEZ, the construction of a hydroelectric power plant in Tajikistan, and an increase in TALCO's production capacity. In addition, Baku is promoting an initiative to provide Dushanbe with discounts on rail transport.
