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Trade turnover data between Tajikistan and Russia smashes last-year figures

Tajikistan Materials 19 December 2023 16:17 (UTC +04:00)
Umar Abakirov
Umar Abakirov
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DUSHANBE, Tajikistan, December 19. The trade turnover between Russia and Tajikistan increased by 30 percent over the span of 10 months in 2023 compared to the same period in 2022, the Deputy Head of Russia's Federal Customs Service (FCS), Denis Tereshchenko, said, Trend reports.

He highlighted this during the meeting of the intergovernmental commission on economic cooperation between Russia and Tajikistan.

He claims that two intergovernmental agreements along customs lines were struck this year: one on the mutual recognition of electronic systems confirming the origin of commodities and another on the mutual recognition of the respective institutes of authorized economic operators.

Their adoption seeks to shorten customs processing times for products transferred between approved commercial operators as well as favored commodities.

According to Russia's Prime Minister, Mikhail Mishustin, the two nations' commercial exchange hit 90 billion rubles (about $996 million) over nine months in 2023, while Russian investments in the Tajik economy totaled 148 billion rubles ($1.6 billion).

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