Azerbaijan, Tajikistan mull multilateral coop in oil supply, reconstruction of plants & transpot facility

Azerbaijan will supply crude oil to Tajikistan for processing at a plant in the free economic zone (FEZ) "Dangara". According to Azernews, this was reported by the Ministry of Economic Development and Trade of Tajikistan, following the meeting of the intergovernmental commission on trade and economic cooperation between the two states.

The meeting, which took place in Baku, was attended by the Minister of Economic Development and Trade of Tajikistan Zavki Amin Zavkizoda and the Minister of Ecology and Natural Resources of Azerbaijan Mukhtar Babayev. "At a meeting of the commission, in order to fulfill the instructions and orders of the presidents of the two countries, the parties agreed to implement specific projects in the field of strengthening trade and economic cooperation, the creation of joint industrial enterprises, including in the territory of the free economic zones of the Republic of Tajikistan, the supply of crude oil from Azerbaijan for the needs of an oil refinery plant FEZ "Dangara", - the message says.

The parties also discussed raising funds for the reconstruction of the capacities of the Tajik Aluminum Company, the export of aluminum, cryolite and aluminum fluoride from Tajikistan to Azerbaijan, the import of alumina from Azerbaijan to Tajikistan, the processing of agricultural products and discounts on transportation by rail, the development of tourism, the exploration of deposits in Tajikistan and the increase in bilateral turnover.

In addition, during the visit, the head of the Ministry of Economic Development of Tajikistan met with the Prime Minister of Azerbaijan Ali Asadov and discussed trade and economic issues.

Free economic zones were created in Tajikistan to attract foreign investment, new technologies, as well as to provide the domestic market with goods. FEZ "Dangara" is located in the Khatlon region south of Dushanbe.