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.

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.

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.

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.

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.

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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