Diplomacy

Korea and Tajikistan discuss expanding economic cooperation

Seeking ways to expand bilateral economic cooperation in trade and investment

By Diplomacy Journal Lee Kap-soo

 

Park Jung-sung, Deputy Minister for Trade at the Ministry of Trade, Industry and Resources (MOTIR), met with Nazar Aziz Savzali, Deputy Minister of Industry and New Technologies of the Republic of Tajikistan, on November 24, at the Korea Trade Insurance Corporation in Seoul to discuss expanding bilateral economic cooperation in trade and investment, official development assistance (ODA), and critical mineral supply chains.

 

The Tajik delegation also included Abdugaffor Jamolzoda, Deputy Director of the Export Agency, and Shamsullo Khairullozoda, Deputy Minister of Finance.

 

 

During the meeting, the two sides noted the steady growth of bilateral trade but agreed on the need to diversify exports beyond automobiles.

 

They also discussed expanding industrial cooperation through MOTIR’s ODA programs in areas such as textiles and solar power, as well as strengthening supply chain cooperation for critical minerals available in Tajikistan.

 

The Tajik delegation expressed interest in benchmarking Korea’s export promotion and industrial site development policies as part of efforts to expand bilateral trade and investment, and requested more active communication, including the sharing of best practices. The Korean side agreed on the importance of strengthening exchanges and cooperation.

 

Deputy Minister Park said, “Tajikistan is one of Korea’s key economic partners in Central Asia. We will continue to advance bilateral cooperation through various policy initiatives in areas such as trade, investment, and development cooperation.”