Kazakhstan and Tajikistan: Business Cooperation
On March 18, an official event of the Export Credit Agency of Kazakhstan was held in Dushanbe, aimed at strengthening business ties and presenting financial instruments to support exports.
The event was attended by the Ambassador of Kazakhstan to Tajikistan, Valikhan Turekhanov, the leadership of the National Bank and the Chamber of Commerce and Industry of Tajikistan, as well as representatives of the country’s banking sector and business community.
Ramesh Khudoiyev, Regional Director of the Export Credit Agency of Kazakhstan in the Republic of Tajikistan, highlighted the contribution of participants to the active development of trade relations between Kazakhstan and Tajikistan, and outlined the prospects and opportunities available to interested companies.
Special attention during the meeting was given to the role of Tajikistan’s banks and the instruments supporting further business growth. Among the existing partner banks, the contributions of the State Unitary Enterprise Savings Bank “Amonatbank,” OJSC “Orienbank,” and the State Unitary Enterprise for Foreign Economic Affairs “Sanoatsodirotbank” were particularly noted. Interest was also expressed by potential partner banks — CJSC “Bank Arvand,” CJSC “Freedom Bank Tajikistan,” and CJSC “Investment Credit Bank,” with which work is ongoing to integrate trade finance mechanisms aimed at increasing trade turnover to USD 2 billion.
A steady growth in trade turnover between the two countries has been observed. A memorandum of partnership was signed between the Export Credit Agency and Sebiston-2018 LLC. The parties expressed confidence that these agreements will serve as a foundation for the implementation of joint projects, particularly in the modernization of civil construction.
Following the event, B2B meetings were organized with the participation of business representatives — importers interested in the supply of Kazakhstani products — and representatives of second-tier banks ready to support these transactions through trade finance instruments.
In 2025, the Export Credit Agency of Kazakhstan provided financial and insurance support for export contracts totaling USD 185 million for the supply of metallurgical, petrochemical, and food products by Kazakhstani producers. This support was provided through instruments such as short-term accounts receivable insurance, export credit insurance, and export documentary letter of credit insurance. The insurance coverage extended to contracts with new importers. The total volume of assumed liabilities amounted to KZT 7.6 billion.
