India and Tajikistan have reiterated their commitment to enhancing bilateral economic relations during the 12th Meeting of the India-Tajikistan Joint Commission on Trade, Economic, Scientific, and Technical Cooperation. The virtual conference highlighted potential collaborations in various sectors such as energy, hydropower, renewable energy, mining, textiles, digital economy, transport, logistics, and finance, offering significant partnership opportunities for both nations.
Commerce Secretary Rajesh Agrawal emphasized the evolving global trade landscape and the importance of translating the strong political goodwill and historical ties between India and Tajikistan into robust economic outcomes. The meeting, co-chaired by officials from both countries, discussed India’s impressive economic performance, with a notable GDP growth of 7.7% in FY 2025-26 and a 27.23% increase in exports to Tajikistan, amounting to $58.12 million.
The discussions also addressed market access challenges and regulatory issues, with a focus on enhancing coordination among government bodies, trade organizations, and business chambers to facilitate smoother trade and promote new investments. Both countries identified pharmaceuticals, healthcare, agriculture, and food products as key areas of cooperation, aiming to deepen industry-level collaboration and expedite product registration processes for mutual benefit.
Recognizing services trade as a crucial aspect of their bilateral relations, India and Tajikistan explored further cooperation in IT, digital services, healthcare, education, tourism, start-ups, and skill development. Energy cooperation emerged as a significant pillar of engagement, with Tajikistan’s hydropower potential offering substantial collaboration opportunities for Indian companies in the public and private sectors. Notably, Indian firms like Bharat Heavy Electricals Limited (BHEL) and KEC International have already been actively involved in ongoing initiatives, signaling the growing depth of bilateral cooperation.
