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Germany grants 54 million euros for development assistance to Tajikistan

DUSHANBE (TCA) — Agreements on financial and technical cooperation between the governments of Tajikistan and Germany were signed in Dushanbe last week, Avesta news agency reported with reference to the Tajik Ministry of Economic Development and Trade. Continue reading

EBRD marks launch of Tajikistan Climate Resilience Financing Facility

DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD), in partnership with the Pilot Program for Climate Resilience (PPCR) of the Climate Investment Funds, held an event to mark the formal launch of CLIMADAPT, the Tajikistan Climate Resilience Financing Facility, on February 3 in Dushanbe. CLIMADAPT aims to help Tajik households, businesses and farmers cope with the effects of climate change and to support the country’s transition towards a green economy, the EBRD press office said.   Continue reading

Russian and Chinese investment in Central Asia

LONDON (TCA) — China, and to lesser extents Russia, have been unloading coffers full of billions to spread their wings over Central Asia. The par value of the assets which have been taken by the generous-looking fund providers has changed dramatically and regretfully for the worse. That there can be no investments without returns is something the Chinese have known from the start, the Russians are realising that right now, and Central Asian states would realise that soon. Continue reading

Kyrgyzstan open to Turkish investment

BISHKEK (TCA) — Turkey is one of the major trading partners of Kyrgyzstan, Kyrgyz Economy Minister Arzybek Kojoshev said at the Kyrgyz-Turkish Investment and Trade Forum in Ankara late last week. Continue reading

Kyrgyzstan denounces agreements with Russia on hydropower plants construction

BISHKEK (TCA) — On January 22, President of Kyrgyzstan Almazbek Atambayev signed laws on denunciation of agreements between the governments of Kyrgyzstan and Russia on construction and operation of Kambarata-1 hydropower plant (HPP) and the Upper Naryn HPPs cascade. The agreements were signed on September 20, 2012 in Bishkek during the visit of Russian President Vladimir Putin to Kyrgyzstan. Continue reading

Tajik hydro power projects may provide irrigation water to neighbors

DUSHANBE (TCA) — Construction of new hydro power plants on the Panj River in Tajikistan would help provide irrigation water for around two million hectares of farmland in downstream Central Asian countries and in Afghanistan, Avesta news agency reported with reference to Tajikistan’s energy-sector authorities. Continue reading