Tajikistan Trade Agreements

[2] Https://invest.gov.kg/bilateral-Agreements2/:~:text=Presently%2C%20the%20Kyrgyz%20Republic%20is,the%20United%20Kingdom%20and%20others. On 15 April 1994, the CIS member States (Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyz Republic, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan) agreed on the establishment of a free trade area. According to the Agreement, imports of products manufactured in the CIS and bearing corresponding certificates of origin into the Kyrgyz Republic are not subject to customs duties or value added taxes. However, this exemption does not apply to excise goods (such as alcohol and tobacco); Furniture; Video, television and computer equipment as well as all accessories for these electronic devices. Russia, Belarus, Kazakhstan, the Kyrgyz Republic and Armenia have also signed a customs agreement. Describes the bilateral and multilateral trade agreements in which this country participates, including with the United States. Contains websites and other resources where U.S. companies can get more information about how they can use these agreements. In June 2004, the Kyrgyz Republic signed a Trade and Investment Framework Agreement (TIFA) with the United States, Kazakhstan, Tajikistan, Turkmenistan and Uzbekistan. The goal of TIFA is to provide a forum for addressing trade issues and promoting trade and investment between the United States and Central Asia.

Tifa also provides a platform to address regional trade issues that hinder intra-regional trade, economic development and investment. TIFA establishes a United States Central Asia Council on Trade and Investment, which is expected to address a wide range of issues, including intellectual property, labour, the environment and improving the participation of small and medium-sized enterprises in trade and investment. Tajikistan has a relatively open economy and low tariffs: the total value of foreign trade corresponds to 57% of GDP (World Bank – 2017, latest available data) and the average interest rate is 5.6%. Tajikistan has taken steps to improve its global and regional integration by participating in the WTO in 2013 and participating in free trade agreements with the CIS. Tajik exports are mainly made from aluminum, agricultural products and light industries. Low product diversification and dependence on natural resources make the Tajik economy particularly vulnerable to volatile commodity prices. Indeed, the main exported products – aluminium and cotton – have been affected by a fall in prices on the international market, which has seriously affected the country`s trade balance. The country mainly imports oil, machinery and food. The main suppliers are China (43%), Russia (23%), Kazakhstan (15%) and Turkey (5.1%), while the main customers are Kazakhstan (32%), Turkey (21%), Switzerland (17%), Algeria (8.8%), India (5%) and China (4.9%). Tajikistan is the 148th largest exporter and the 145th largest importer in the world. In 2018, imports of goods reached $31.5 billion (up from $2.78 billion the previous year), while exports amounted to $1.16 billion (up from $1.2 billion the previous year).

Imports of services increased from 368 million to 434 million $US between 2017 and 2018, while exports of services decreased from 247 million $US to 238 million US$. The trade deficit is expected to narrow in 2019 and represent 23% of GDP, compared to 25.1% last year (IMF). Learn more about exporting to Tajikistan on Globaltrade.net, the directory of international commercial service providers. In August 2015, the Kyrgyz Republic formally joined the Eurasian Economic Union (EAWU). However, most technical regulations, including taxes, customs duties, inspections and standards, are still being improved, bilateral and multilateral negotiations between Member States, as well as the implementation of agreements, rules and other requirements. Several aspects of the agreement, including the level of taxation of individual products, are not yet fully defined. . . .

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