Russia-Tajikistan Bilateral Trade Reached US$1.13 billion In 2021
Yevgeny Korenkov, head of Russia’s trade mission in Tajikistan has stated that bilateral trade between Russia and Tajikistan in 2021 reached US$1.13 billion, an increase of 25%.
“According to the results of 2020-2021, sixty-seven Russian regions have trade relations with Tajikistan,” he said, adding that 12 of these regions account for 80% of the trade turnover with Tajikistan. Among these regions are Moscow, St. Petersburg, the Moscow, Leningrad and Chelyabinsk regions.
Russian exports of agricultural produce to Tajikistan have more than doubled, from US$5 million in 2020 to US$10.5 million in 2021.
Tajikistan is a member of the Shanghai Cooperation Organisation, which also includes Russia and all countries surrounding Afghanistan, with the SCO Security Council holding military exercises in the region. China is also providing PLA support to Tajikistan in the wake of NATO’s withdrawal from Afghanistan. With the United States gone from Central Asia, smaller, more vulnerable regional nations are now looking to better develop trade ties with China and Russia, with this trend likely to continue as both seek to use trade and economic development as a means to defeat prospects of Islamic fundamentalism creeping into these countries.
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