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14 February 2018
On February 14, 2018 a meeting with development partners was conducted in the Secretariat' Office.

1. Introduction of the Consultative Council, achievements, and next steps

The Head of the Secretariat of Consultative Council on Improvement of Investment Climate under the President of Republic of Tajikistan, Sharaf Sheralizoda opened the meeting with giving a short presentation on the activities of Consultative Council. In his presentation, the Head of Secretariat described the mission and objectives on the Council, how it works, and shared the main achievements of the Consultative Council in 2017. Sheralizoda Sharaf, then, talked about the next steps that the Secretariat and the Council are aiming to take to further improve the investment climate in relevant sectors in the Republic of Tajikistan.

After the presentation, all the representatives of the development partner organizations congratulated Sharaf Sheralizoda on his recent appointment as the Head of Secretariat, wishing him great success, and stated readiness and commitment for close cooperation for improvement of investment climate and private sector development in Tajikistan.

2. Discussion on private sector issues

Zarina Odinaeva, IFC representative, talked about joint cooperation in the financial sector, and proposed about organizing a meeting with focus on the development of financial sector in Tajikistan.

Peter Cardy, Head of DFID Central Asia, mentioned about it being his first such meeting in Tajikistan, and expressed readiness of DFID for cooperation. Head of DFID Central Asia suggested exploring ways to increase the effectiveness of public-private dialogue in Tajikistan, and further strengthen active dialogue of the government with the private sector. Muhammadi Boboev of the Asian Development Bank stated the interest of ADB for cooperation with the Consultative Council and expressed the intention of ADB to work with the Secretariat on the issue of business inspecting agencies and modernization of public services to the business. Head of Japan International Cooperation Agency Office in Tajikistan, thanked the Consultative Council for the opportunity to deliver a presentation in the 18th Session of the Council, and asked the Secretariat to share the monitoring and follow-up of on that issue. Also, Tanabe Hideki suggested inviting the Head of Secretariat, Sharaf Sheralizoda, to the meetings of Donor Coordination Council (DCC). Manizsha Mahmadnabieva, joined Tanabe in this suggestion and invited the Head of Secretariat to come and present in the next meeting of DCC this month.

The Head of EBRD Resident Office in Tajikistan, Ayten Rustamova suggested to invite some investors from China to the Consultative Council session, as more than 50% of FDI to Tajikistan comes from the Chinese Investors. Ayten Rustamove, also added that the issue of international logistic companies is one of the most urgent issues, and this should be addressed and solved as soon as possible. Malika Ibrohimova of SECO talked about the high expectations of the donor community with the appointment of new Head of Secretariat, and suggested to have some low-nature meetings, chaired by the First Deputy Prime Minister, and increase the frequency of the Consultative Council Sessions.

Later the attendees discussed about the tax administration issues, and suggested that private sector and the government should work as one team. Development partners mentioned that there are currently many working groups on tax issue working separately; it would be a good idea to unite the working groups to have a single and effective working group on tax issue. Tanabe Hideki, suggested to consider the dynamic evolution of business climate in Uzbekistan, and stated that while it has some benefits for the businesses in Tajikistan, it also could have negative effects for the economy and private sector in Tajikistan, in a form of greater competition for investment attraction.

Sharaf Sheralizoda noted that proposed suggestions will be taken into account by Secretariat in its further activity and assured development partners in strong commitment of the Government on more improvement of investment and business climate in Tajikistan.

3. Review of draft of Agenda of the next Session of the Consultative Council

The third part of the meeting was about the agenda of the next Session of Consultative Council. The Head of Secretariat introduced the draft Agenda and the development partners expressed their views and presented their suggestions. Kristin Laabs, KfW Country Director, stated that we should be prepared for the session by conducting several round-tables. Nargis Esufbekova, suggested to take into consideration the analysis of all the working groups on tax issues, including the analysis of Ulchabaeva on legalization of individual entrepreneurship and providing them social protection. Head of JICA Resident Office in Tajikistan suggested to include tourism issue to the Agenda of the next session of the Consultative Council, replacing the health sector in the Agenda. The development partners suggested using the public-private dialogue more effectively while choosing issues for the agenda.

In his closing remarks, the Head of Secretariat, Sharaf Sheralizoda, thanked all the development partners for the participation in the meeting. Sheralizoda, expressed the commitment of the Secretariat of Consultative Council for close cooperation with the development partners for Investment Climate Improvement and private sector development. He also, stated that with joint effort the Council can improve its position as the platform for effective public-private dialogue.

26 January 2018

DUSHANBE, January 26, 2018 – The 18-th Session of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan was held under the chairmanship of the President of the country, Chairman of the Consultative Council on Improvement of Investment Climate, His Excellency Emomali Rahmon.

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Leader of the Nation, Esteemed Emomali Rahmon opened the session and introduced Executive Secretary of the Council, Chairman of the State Investment Committee and State Property Management of the Republic of Tajikistan – Farrukh Hamralizoda, Head of EBRD Representation Office in Tajikistan – Ayten Rustamova, Head of Secretariat of the Consultative Council on Improvement of the Investment Climate under the President of the Republic of Tajikistan – Sharaf Sheralizoda and new members of the Council.

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In the session a report of Farrukh Hamralizoda - the Council’s Executive Secretary and Chairman of the State Committee on Investment and State Property Management of the Republic of Tajikistan was heard on the results of monitoring of implementation of decisions of 17-th Consultative Council’s sessions.

Particularly it has been informed on adoption of New Tariff Methodology dated May 26, 2017 and its introduction since October of the last year, improvement of Tajikistan’s position in the Doing Business Report of the World Bank Group for 2018, reducing the number of inspections of activity of business entities down to 52% in 2017 comparing to the 2016 and establishment of the sovereign credit rating of the country by international rating agencies Moody's Investors Service as well as Standard and Poors on the level “В3, stable” on August 2017.

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Concerning to the second item of the Session Minister of transport of the Republic of Tajikistan – Khudoyor Khudoyorzoda had a speech and presented analytical report and Draft Action Plan of the Government of the Republic of Tajikistan on Improvement of Investment Climate in Transport and Logistics sectors.

Another issue considered at the Session was the report on activity of the regional Consultative Council on Improvement of Investment Climate under the Chairman of Sogd Province, in regard with which the Chairman of Sogd Province – Ahmadzoda Rajabboy delivered his speech.

Concerning the forth item of the agenda Chairman of the National Bank of Tajikistan –Jamshed Nurmahmadzoda presented results of the analyses and Draft Action Plan of the Government of the Republic of Tajikistan on Improvement of Investment Climate in Finance and Banking Sectors.

On the last item of the Session agenda the Council’s Executive Secretary - Farrukh Hamralizoda spoke and proposed an issue on improvement of investment climate in education and science as well as submitting results of analyses the tax system issues and efficiency of envisaged incentives, which was supported by all members of the Council.

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Also in regard with considering and discussing the issues of the session’s agenda Chairman of DCC – Kristin Laabs, Head of EBRD Representation Office in Tajikistan – Ayten Rustamova, ADB Country Director – Pradeep Srivastava, Chief Representative of JICA in Tajikistan – Hideki Tanabe, “Korporatsiyai Mohii Tojik” LLC Director – Suhrob Davlatov, “Zindagy” Cooperative – Zevarshoi Rustam, “Tajikvneshtrans” LLC Director – Abdumumin Abdusamadov, “Kazcommersbank Tajikistan” OJSC Chairman – Ramesh Khudoiev and Director for OJSC “Birjai Osiyoi Markazi” Alisher Shernazarov.

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At the completion of the Session, the President of the Republic of Tajikistan delivered final speech and gave relevant instructions to the responsible ministries and agencies on issues considered in the Session.

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20 December 2017

Today a Round Table, entitled "Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan – Initiative of the Leader of Nation for Sustainable Development" dedicated to 10th anniversary of the Consultative Council on the Improvement of Investment Climate under the President of the Republic of Tajikistan has been conducted in Dushanbe Plaza.

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In this meeting the First Deputy Prime Minister of the Republic of Tajikistan Davlatali Said, Chairman of the Economic and Finance Committee of the Majlisi Namoyandagon Majlisi Oli of Republic of Tajikistan, Sharif Rahimzoda, leadership of Ministries on Economic Development and Trade, Industry and New Technologies, Agriculture, Energy and Water Resources, Committee on Tourism Development, members of the Consultative Council from the private sector and representatives of foreign investors, Donor Coordination Council, business associations and other domestic and foreign private sector representatives have participated and emphasized the role and contribution of the Consultative Council on Improvement of the Investment Climate under the leadership of the Head of State, perspectives of public-private dialogue, issues on implementation of the President's policy on entrepreneurship and investment activity and evaluation of other reforms conducted within the framework of the Council.

Also Walburga Roos, Director of Swiss Cooperation Office and Consular in Tajikistan as well as Manizha Mamadnabieva, IFC Country Director for Tajikistan, Deputy Chairman of Deputy Chairman of the Donors Coordination Council delivered their opening speeches.

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Fom among the private sector Faizali Rajabov – Chairman of Council on Private Sector Development Union, Alain Barthez, General Manager for SJSC Shiever Tajikistan, Alisher Shernazarov – Director of Central Asian Stock Exchange, Maruf Buzurgkhojaev - Director of LLC "Isfara Food", Talbi Shoev - Director of NGO "INTERMYOD" and Komiljon Ibrohimov - Chairman of "Barqsokhtmonloihakash" LLC presented their reports and proposals for further improvement of the Consultative Council activities and private sector development.

Participants noted that today, under the leadership of Head of State a number of important issues on improvement of investment climate and entrepreneurship development have been followed and considered at the meetings of the Consultative Council through the adoption of relevant decisions.

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It was also stressed that the further implementation of many other reforms, which was planned within the framework of the Council, are aimed at further improvement of the investment climate, entrepreneurship development, strengthening the private sector's share in the GDP and raising living standards of people and presentation of the country on the international arena, as a country with favorable investment climate.

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We would like to remind that the Consultative Council on the Improvement of Investment Climate under the President of the Republic of Tajikistan was established on December 19, 2007. As a result of effective cooperation between the State Committee on Investments and State Property Management together with the Secretariat of the Consultative Council and World Bank's Doing Business Team, country position in the Doing Business Report for 2018 has been improved for 5 positions and reached 123 comparing to 128 in 2017. Also in 2015, Consultative Council on the Improvement of Investment Climate under the President of the Republic of Tajikistan has been recognized as the best public-private dialogue platform in the world arena and has been awarded with “Howard” prize of the World Bank.

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Issues raised in the event have been discussed by participants and summary recommendations of the Round Table have been adopted.

7 November 2017

Tajikistan has strengthened its position in the Doing Business Report 2018 of the World Bank Group by climbing 5 positions and reaching 123 spot in the ranking. The distance to frontier, which indicates the measure of world best practice, is now 56, 86%.

It is worth noting that the improvement of in the ranking was largely based on the improvement of the number of indicators, including "Starting a Business" improvement by 28 positions, "Dealing with Construction Permits" up by 26 positions, "Getting Electricity" up two positions, "Registering Property" up 7 positions, "Paying Taxes" up 8 positions, "Trading cross Borders" up 3 positions, and "Enforcing Contracts" has been provided. This progress is a result of the work of the Government of the Republic of Tajikistan for the effective implementation of reforms to simplify the state regulation of business and investment in the country.

At the same time, it should be noted that the in “Getting Credit" and "Protecting Minority Investors" indicators the position of the country decreased by 4 and 6 positions respectively, mainly due to the current financial crisis in the country.

It should be emphasized that, as a result of regular and timely follow-up and implementation of reforms on entrepreneurship development and improvement of investment climate in the Republic of Tajikistan, the Republic of Tajikistan has been continuously improving its position. In particular, the country has been among top 10 leading reformers in the World Bank report three times in 2010, 2011 and 2015. Tajikistan ranking improved by 34 positions in 2016 (from 166 to 132) and reached 128th position in 2017.

17 October 2017

Today, a Seminar was conducted on "Youth Entrepreneurship Development Support in Tajikistan" at Hyatt Regency Hotel in the framework of the 3rd anniversary of " Entrepreneurship Day ".

Deputy Chairman of the State Committee on Investment and State Property Management of the Republic of Tajikistan, Nigina Anvari opened the event and stressed regarding a wide range of business development issues in the country, including youth, ensuring the development of this sector, economic development issues and entrepreneurs’ contribution in this process.

Also, Deputy Minister of Education and Science of the Republic of Tajikistan, UNDP Country Director in Tajikistan and representative of the Russian Federation Embassy to Tajikistan welcomed participants and delivered a speech.

Topics on «Youth Entrepreneurship Support Forms in Tajikistan: current situation and prospects», "Youth Involvement Ways to Entrepreneurship Activities", and "Technological Projects Support, such as Business Incubator of Higher Economic School of the Russian Federation", and support issues, including the state, its implementation, the involvement of stakeholders, different aspects of the issues related to youth involvement in entrepreneurship, ways of increasing support and practical experience in this sector, such as Business Incubator has been considered during this event.

Representatives of universities’ technological park, entrepreneurs, consulting companies, development partners, and state authority attended the event.

In general, business support, as well as challenges and opportunities in these field, international tendencies of youth entrepreneurship support, forms of support of this sector, have been considered and discussed.

This seminar was held under the project "Improving the Wellbeing of Population in 9 Rural Areas of Tajikistan", funded by the Government of the Russian Federation and implemented by UNDP in Tajikistan.

13 October 2017

Today, a Round Table on Women’s Entrepreneurship Support and Handcraft Development was arranged and conducted in National Library.

The representatives of Secretariat of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan, European Union Delegation to Tajikistan, EBRD, and NICE-TAK Sequa project welcomed participants and delivered a speech.

The presentation of Draft Law of the Republic of Tajikistan “On Handicrafts”, its content, and in general handcraft issues and its development, recommendations was submitted to the participants in the first part of the event.

The second part of the event was covered by presentation of analysis “Gender Investment Climate Reforms in Tajikistan”, as well as training regarding this issue was conducted by EBRD Gender Experts. This training will have a positive effect to business women’ awareness.

The representatives of state agencies, as well as private sector representatives, development partners were attended the event, and delivered a speech.

The Round table was conducted within the framework of third anniversary of the "Entrepreneurship Day», and also National Exhibition of Artisans’ Products will be held on October 13-15 in Ismoiliya Centre.

This event was organized jointly by State Committee on Investment and State Property Management of the Republic of Tajikistan, Secretariat of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan by EBRD and NICE-TAK' support.

12 October 2017

On October 12, 2017, within the framework of third anniversary of the "Entrepreneurship Day» a round table on "Development of Consulting Services in Tajikistan” was held in Sheraton Hotel. The event was organized jointly by Secretariat of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan and UNDP Representative Office.

The objectives of this event are: to strengthen the capacity of consulting organizations, consultants and experts to provide consulting services innovative and in demand, to identify and assess the gap between business service supply and demand, to discuss the problems and barriers in the field of export promotion and the role of consulting companies in the development of SMEs.

The event was attended by representatives of consulting organizations, international organizations engaged in the development of small and medium-sized businesses, as well as representatives of private businesses, state agencies.

The round table was opened by Manuchehra Madjonova, Senior Economic Consultant of Secretariat of the Consultative Council on the Improvement of Investment Climate under the President of the Republic of Tajikistan. The speech was covered the entrepreneurship issues, consulting services in the field, the ensuring solution for business development and investment challenges issues.

This program was presented by Parviz Akramov, National Coordinator, Aid for trade Project as well as Fiorenzo Sperotto, Team Leader of NICE-TAK EU Project delivered a speech.

Then, the participants exchanged views in working groups on policy advocacy, business development services, business development services for export promotion, and in the completion of the event sugestions and recommendations were submitted.

11 October 2017

Today, a round table on "Green Climate Fund Investment Modalities: Opportunities for Private Sector " was conducted in Sheraton Hotel.

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Representatives from public sector, development partners, and private sector were attended the round table.

The event was opened by Manuchehra Madjonova - Senior Economic Consultant of Secretariat of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan, Nasim Radzhabov - Head of the Climate Change and Ozon Layer Study Center of the Committee on Environmental Protection, and Felix Fallasch, GIZ Advisor of Climate Finance Readiness Programme.

Pavel Cincera, Green Climate Fund (GCF) International Expert submitted a comprehensive presentation regarding GCF objectives and mandate, country ownership (coordination mechanism, National Designated Authority), access modalities (international and national accredited entities), business opportunities, private sector engagement.

Meanwhile, Mr. Pavel Cincera provided detailed information on National Designated Authority, secretariat and coordination mechanism, no-objection procedure & TEG role.

At the completion of the event participants of the round table were active in discussions, Q&A section.

15 September 2017

PRESS-RELEASE

Round Table on Tax Administration Issues

September 15, 2017 Dushanbe

September 15, 2017, a Round Table on Tax Administration Issues has been conducted at the National Library of Tajikistan.

The Deputy Chairman of the State Committee on Investment and State Property Management of the Republic of Tajikistan, Nigina Anvari has opened the Round Table and emphasized on taxation issues, necessity of improvement of tax administration as well as other aspects of this issue.

Representatives of the private sector, development partners, public authorities and international tax experts discussed and shared their opinion on taxation and tax administration issues.

General Director for OJSC "Guliston Dushanbe", Begov Dilshod Mirzomurod delivered a report on taxation of industrial enterprises.

Tax Expert, Andrey Krasnikov had a Presentation of Tax Administration Challenges in Agriculture Sector and Best Regional Experience on Tax Administration in CIS countries.

Director of NGO - Consulting and Information Center "Mushovir", Sodirov Otamurod has presented the successful experience of tax services to the private sector, which is currently being implemented in Sughd Region.

It should be reminded that according to paragraph 2 of Minutes of the ХVI Session of Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan dated April 12, 2016, it has been instructed to consider and submit to relevant ministries and agencies on the issue of the implementation of the consultative services in the agricultural sector of the republic.

The event was organized by the Secretariat of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan and the State Committee on Investments and State Property Management of the Republic of Tajikistan in cooperation with the Tax Committee under the Government of the Republic of Tajikistan.

The summary of the event will be submitted to the Government of the Republic of Tajikistan with proposals and conclusions.

9 August 2017

On 8 August 2017, a Round Table on Hearing the Draft Law of the Republic of Tajikistan “On Handcrafts” was held in Khorog.

Representatives of region’s private sector, development partners, State Committee on Investment and State Property Management, Secretariat of the Consultative Council on Improvement of Investment Climate attended the event.

During the presentation, it was informed that Draft law consists of 6 chapters and 32 articles. The Law was developed based on speeches, guidance of the Founder of Peace and National Unity – Leader of the Nation, President of the Republic of Tajikistan His Excellency Emomali Rahmon on support for revival and development of folk crafts, Convention for the Safeguarding of the Intangible Cultural Heritage, Paris, 17 October 2003, General Conference of the United Nations Educational, Scientific and Cultural Organization, regulatory legal acts of the Republic of Tajikistan, as well as republics of Belarus. Turkmenistan, Uzbekistan, Tatarstan and Moscow city on issues of handicrafts, protection of national heritage products, Federal Law of the Russian Federation “On Development of Handicraft in Russian Federation”.

After presentation of draft law participants have submitted their comments and proposals to it.

It should be noted that in accordance with paragraph 9, subparagraph 2 Protocol of ХVII Session of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan dated January 30, 2017 it was instructed to the State Committee on Investment and State Property Management and Secretariat of the Consultative Council on Improvement of Investment Climate under the President of the Republic of Tajikistan to develop Draft Law “On Handicrafts”.

This event was arranged for the purpose of studying, getting proposals and comments, conclusions and amendments to the draft law, in close collaboration with State Committee on Investment and State Property Management, Secretariat of the Consultative Council on the Improvement of Investment Climate under the President of the Republic of Tajikistan and NICE-TAK SEQUA gGmbH Project as well as such meetings are also planned in cities of Khujand, Kurgan-Tube and Dushanbe.

Draft Law “On Handicrafts” is available in the website of Consultative Council under the President of the Republic of Tajikistan on Improvement of Investment Climate as well as artisans, craftsmanship organizations and associations, experts, scientists, representatives of civil society, development partners are requested to take an active part in studying, consideration and submitting comments to it.


Writing a proposal to the Consultative Council
Republic of Tajikistan, Dushanbe, 100, Rudaki Ave., 11 floor
phone: (+992 44) 610-60-04, phone/fax: (+992 44) 610-60-06
e-mail: secretariat@investmentcouncil.tj