Tajikistan and China solidified their energy partnership with the signing of a memorandum aimed at bolstering investment in “new” energy sources, following the recent visit of Chinese President Xi Jinping to the Central Asian nation.
The memorandum, inked between Tajikistan's Ministry of Energy and Water Resources and China's Ministry of Commerce, was a focal point of a comprehensive signing ceremony attended by Presidents Xi Jinping and Emomali Rahmon. The event saw the formalization of 29 agreements covering diverse areas of bilateral cooperation.
China continues to hold a pivotal role as one of Tajikistan's foremost trading partners, with bilateral trade registering a notable increase of over 24% in the past year compared to 2022, official figures reveal.
The Tajik Ministry of Energy and Water Resources underscored the pivotal role of Chinese financial backing in the development of Tajikistan's energy sector, which has attracted investments exceeding 57.2 billion somoni ($5.3 billion) over the past three decades.
