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Tajikistan News

  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • China Invites 5 Countries As Guests For BRICS Summit

    CHINA, 2017/09/04 China has invited Egypt, Guinea, Tajikistan, Mexico and Thailand as guest nations for the upcoming BRICS summit but clarified that the invitation is not an attempt to expand the group under its 'BRICS Plus'border. China will host the BRICS summit in Xiamen city from September 3 to 5 in which leaders of the five nations will participate, inclunding Prime Minister Narendra Modi. "We need to have some further explanation about the BRICS Plus to help people better understand the rationale of this idea," Chinese Foreign Minister Wang Yi said in Beijing, addressing the media about BRICS (Brazil, Russia, India, China and South Africa) summit.
  • China ready to improve security cooperation among SCO members

    CHINA, 2017/04/07 China will make efforts to improve security cooperation part members of the Shanghai Cooperation Organization (SCO), said Chinese National Councilor Guo Shengkun here Thursday. China is ready to work jointly to increase mutual political support and cement strategic mutual trust part SCO members, said Guo, at the same time as addressing the 12th session of the SCO security council secretaries in the Kazakh capital of Astana.
  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
  • Central Asian countries, EU to mull issues of co-op

    AFGHANISTAN, 2016/10/06 Uzbekistan’s delegation led by the country’s Foreign Minister Abdulaziz Kamilov will participate in the interregional ministerial conference “Central Asia-European Union” and in the international conference on Afghanistan, the Uzbek Foreign Ministry’s press service said on October 4. The conference will be held on October 4-5 in Belgium’s capital. During the visit, the Uzbek delegation is going to hold negotiations with officials of the European Union (EU). The strategy of cooperation in the “Central Asia-European Union” format was approved in 2007.
  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
  • Tajikistan and Pakistan signed eight agreements on cooperation

    PAKISTAN, 2015/11/18 Tajikistan and Pakistan signed eight agreements on cooperation in the fields of power, commerce and defense to enhance bilateral relation through strengthening economic and parliamentary ties between the two nations. The agreements were signed during a conference of Tajik President Emomali Rahmon with Pakistan Prime Minister Nawaz Sharif in Islamabad on November 11-12. Both sides stressed importance of strengthening ties between the nations at the governmental level for the mutual benefits of the two nations.
  • Tajikistans economic growth to slow in 2015

    TAJIKISTAN , 2015/11/18 The World Bank predicts Tajikistan’s economic growth to slow to an estimated 4.2 percent in 2015. The bank said in its new bi-annual Tajikistan Economic Update that it is due to the decline in remittances from Russia, weak global demand and low prices for the country’s key export commodities such as aluminum and cotton. This Central Asian country's economic growth was 6.7 percent in 2014. The fall in remittances and slowdown of economic growth has had a strong impact on Tajikistan's income, which is expected to reach 10 percent in 2015.
  • Oil and gas exploration and production company Tethys Petroleum Limited

    TAJIKISTAN , 2015/10/14 Oil and gas exploration and production company Tethys Petroleum Limited may withdraw from developing the large Bokhtar gas field in Tajikistan due to missing payments for its share of costs. Recently, the Tethys Company announced that it has not made payment for the September Cash Call in an all of over $1.28 million and an all of approximately $0.78 million for October 2015. Therefore, the Company has received a notice from the joint venture partners Total E&P Tajikistan B.V and China National Petroleum Corporation Central Asia B.V. to withdraw from the Bokhtar exploration project in Tajikistan.
  • Tajikistan's trade turnover decreases

    TAJIKISTAN , 2015/08/01 The current unstable political and economic situation created by Western sanctions against Russia is in turn affecting the volume of Tajikistan's external turnover, which has decreased by 22 % for the initial half of 2015. In comparison with the corresponding period for the previous year, the volume of Tajikistan's foreign trade turnover decreased by $563.4 million, totaling just over $2 billion in the initial half of current year, reported Abdufatoh Goibov, chief of the Tajikistan Customs Service. As a result of the Western sanctions against Russia, with which the country has strong ties, Tajikistan's external trade turnover and, generally, the country's economy are undergoing a range of negative consequences.