The European Union has given Tajikistan €91 million ($99 million) for priority projects in the country under the first phase of the EU Multiannual Indicative Program (MIP) from 2021 to 2024. This was reported by Tajikistan’s Ministry of Economic Development and Trade.
At a recent meeting, the EU representatives announced that they are prepared to give Tajikistan a €45 million ($49 million) grant for energy projects.
Under the direction of the EU’s ambassador to Tajikistan Raimundas Karoblis and Tajikistan’s deputy minister for economic development Ashurboy Solehzoda, the parties “stated that they were ready to increase their mutually beneficial cooperation” at the meeting. By the end of 2023, trade between Tajikistan and the EU was valued at $401.5 million ($437 million), according to the economy ministry.
The department had previously stated that Tajikistan-EU trade was valued at $490 million in 2022, meaning that volumes fell by 22% in 2023.
