8th Session of India-Tajikistan Joint Commission on Trade, Economic, Scientific and Technical Cooperation

: 2016-01-15 15:04:45 | |

             Smt. Rita A. Teaotia, Commerce Secretary led an Indian delegation to Tajikistan for co-chairing the 8th Session of India-Tajikistan Joint Commission on Trade, Economic, Scientific and Technical Cooperation (IT-JCM) on 13 & 14 January, 2016 in Dushanbe.  The Tajik delegation was led by H.E. Mr. Nematullo Hikmatullozoda, Minister of Economic Development and Trade of Tajikistan. 

2.       During the meeting, the two sides reviewed the status of the 7th session of the IT-JCM and agreed to continue the work for execution of the remaining action points mentioned in the Protocol. At the end of the 8th session of IT-JCM, the two sides signed a new Protocol, which includes an Action Plan for enhanced trade, investment and economic relations between India and Tajkistan.  

3.       The two sides expressed interest in cooperating in mining of coal, iron ore, gold and precious and semi-precious stones. They also decided to cooperate in mutually beneficial joint projects in energy, information technology, pharmaceuticals and food & vegetable processing.

4.       During the Joint Commission Meeting, the two sides decided that India will extend its technical assistance programme to Tajikistan for value addition of products like cotton and leather. The programme will involve transfer of technology and equipment from India to Tajikistan.  The two countries expressed satisfaction at the progress being made towards implementation of the action points arising out of the Agriculture Workshop held during Prime Minister’s visit to Tajikistan in July 2015 and decided that the Indian experts will soon visit Tajikistan for making demonstration trials on micro-irrigation, green house, food processing and mechanization of agriculture in Tajikistan. The two countries showed interest in setting up of joint ventures for infrastructure development including development of cold storage facilities in Tajikistan and provision of technical expertise from India to Tajikistan for commercialization of technology. It was also decided that India will implement a tele-medicine project in Tajikistan, which will connect top-notch hospitals in India with those in Tajikistan. In order to promote small and medium scale industries in Tajikistan, the Indian side made a presentation on setting up of Technology Incubation Centres in Tajikistan.  

5.       India and Tajikistan decided to initiate negotiations for concluding a new Bilateral Investment Treaty, MOUs for Cooperation in the field of Traditional Medicines and Medicinal Plants and setting up of an AYUSH Academic Chair in one of the reputed universities of Tajikistan.  

6.       The two sides reiterated their support to International North South Transport Corridor and development of Chahbahar port in Iran and hoped that these initiatives will help in addressing the connectivity issues between the two countries. The two countries also decided to work together for inclusion of India in Pakistan- Afghanistan-Tajikistan Transit Trade Agreement.

7.       During the IT-JCM, the two sides emphasized on the need for building personal rapport between the businessmen, trading community and business chambers of the two countries as well as participation of the business community in trade fairs/exhibitions/forums in each other’s country for expanding trade and investment relations.

8.       Besides her meeting with the Tajik Co-chairperson, Commerce Secretary called on Ministers of Foreign Affairs, Agriculture, Industry & New Technologies and Energy & Water Resources; First Deputy Minister of Economic Development and Trade and First Deputy Minister of Health and Social Protection of Tajikistan on the sidelines of the IT-JCM, where discussions were held on a wide range of bilateral issues.

 

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