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Cooperation between Russia and Tajikistan: new economic realities and opportunities

On October 5, 2018 on the initiative of the Tajik State Finance and Economics University, Institute of Economic Policy named after E.T. Gaidar and the Russian Academy of National Economy and Public Administration under the President of the Russian Federation an international round table on the theme «Interaction between Russia and Tajikistan: new economic realities and opportunities» was held. The scientists and researchers from the Russian Federation and the Republic of Kazakhstan, representatives of Ministries and departments, experts in the field of economics, and the professors of the institutions of the country took part in the round table.
The rector of the Tajik State Finance and Economics University Shukrullo Khairzoda opened the Round table. After welcoming the guests and participants of the Round table, the rector of the TSFEU noted that holding such events helps to strengthen bilateral relations between the Republic of Tajikistan and the Russian Federation.
Then, the Assistant on economic issues to the President of the Republic of Tajikistan Solekhzoda Ashurboy, having greeted the guests of the round table, congratulated on the Day of the State Language and Teacher's Day. He noted that trade and economic relations between Tajikistan and Russia are one of the main factors for the development of the economy of Tajikistan. In modern conditions, trade and economic relations between Russia and Tajikistan occupy a very important and crucial role in the complex of bilateral relations. Today, more than 240 interstate agreements have been signed between our countries. Economic relations between Russia and Tajikistan are based on openness and mutual trust. The purpose of organizing our event is aimed at strengthening cooperation between universities of two countries, based on the results of the round table, the researchers and experts will develop and propose scientifically based proposals and recommendations, - noted A. Solehzoda.

Prikhodko Sergey Vadimovich, Executive Director of the Economic Policy Institute named after E.T. Gaidar and Mai Vladimir Aleksandrovich, the Rector of the Russian Academy of National Economy and Public Administration under the President of the Russian Federation, noting the importance of holding such events to strengthen inter-universities relations, provided detailed information about their educational institutions. 
In the main part of the round table, the presentations were made by: Saidmurodov Lutfullo, Director of the Institute of Economics and Demography of the Academy of Sciences of the Republic of Tajikistan on the topic «Strategic Directions of the Social and Economic Development of the Republic of Tajikistan in the Context of Globalization»; director of the Center for Structural Research of the Russian Academy of National Economy and Public Administration under the President of the Russian Federation Vedev Alexey Leonidovich on the theme «Key Risks of the Socio-economic Development of the Russian Federation in the Medium Term»; Petrosyan Andrei Rubenovich, Head of the Center for Integration Studies of EDB, on the topic «The Role of Institutions in the Development of Integration Processes»; Sergey Mihailovich Drobishevskiy, Director for Research of the Institute of Economic Policy named after E.T. Gaidar, on the theme «Adapting the Budget Policy of the Russian Federation to the Tasks of Economic Development and Resisting External Shocks»; Head of «Macroeconomics and Finance» Trunin Pavel Vaycheslavovich on the theme «Monetary Policy of the Central Bank of the Russian Federation in the Context of Economic Instability»; leading Researcher of the Laboratory for Macroeconomic Research (IAIR) Alexander Alexandrovich Pakhomov on the theme «New Opportunities and Risks of Expanding Trade and Economic Relations between Russia and Tajikistan»; Head of the «International Trade» Laboratory Knobel Alexander Urevich on the theme «Prospects for the Development of Trade and Economic Cooperation between Russia and Tajikistan in the Context of the Functioning of the Eurasian Economic Union»; Director of the Fiscal Policy Center (Russia), expert of the European Union (Tajikistan) project, Galina Vitalevna Kurlyandskaya on the theme «If the experience of Russia is applied to reform of interbudget relations in Tajikistan»; Professor of the Economic Theory Department of the Tajik State Finance and Economics University Kandierova Dilbar on the theme «Participation of the Republic of Tajikistan in Regional Integration Processes: challenges and prospects».
The importance of the strategic partnership between Tajikistan and Russia was noted at the speeches. The speakers having considered a wide range of bilateral cooperation, confirmed that the development of bilateral trade and economic relations is an important part of Russian-Tajik strategic cooperation and partnership and in this regard, the parties will take necessary and coordinated steps to increase efficiency and expand areas of mutually beneficial cooperation.
It should be noted that today the Russian Federation is the main partner of Tajikistan in the field of investment. Since 2008, the Russian Federation has been the leading trade and economic partner of Tajikistan.
In 2006, the Trade Representation of the Russian Federation was opened in Tajikistan. In 2017, trade turnover between our countries amounted to more than 900 million US dollars. Over the past 8 months, the turnover of goods has increased by 35%, including the export of cotton to Russia - by 16%, vegetables and fruits - by 14%. Oil products and vehicles are imported from Russia to Tajikistan.
Today, the most important direction of economic cooperation between Russia and Tajikistan, which has an impact both on the economy of the republic and on the integration processes in the region, is undoubtedly the investment of direct Russian investments in the economy of the country. They are invested in such industries as energy, industry, mining and metallurgy, construction, aviation, railway, high technology, agriculture, etc.
Mutually beneficial relations of Tajikistan and Russia are aimed at integration, economic rapprochement, socio-economic development of two countries, an increase in trade turnover, and an improvement in the quality of life of the population.
Interstate trade is the main direction of foreign economic relations of countries. The preparation and implementation of joint investment projects in the sphere of the economy of Tajikistan, the expansion of the geography of interregional relations, the timely implementation of decisions made by the Intergovernmental Commission, determine the economic development of the country.
It should be noted that the round table was organized in the framework of cooperation of the Tajik State Finance and Economics University, Economic Policy Institute named after E.T. Gaidar and the Russian Academy of National Economy and Public Administration under the President of the Russian Federation. The event was aimed at the implementation of productive discussions among experts and the development of effective proposals and recommendations in the field of economic policy.
The scientific event was held in an atmosphere of openness and interest.

Mashhura Abdulloeva