Tajikistan and Saudi Arabia Agree to Establish Joint Business Council

The memorandum focuses on creating a platform for strengthening bilateral cooperation, developing trade and economic relations, attracting investments, and implementing joint projects between Tajikistan and Saudi Arabia.

Photo: Chamber of Commerce and Industry of Tajikistan 

Tajikistan's Chamber of Commerce and Industry (CCI) and the Federation of Saudi Chambers (FSC) have signed a memorandum of understanding to create a joint business council, The Caspian Post reports citing Trend.

The signing took place during a meeting of the intergovernmental commission.

The memorandum focuses on creating a platform for strengthening bilateral cooperation, developing trade and economic relations, attracting investments, and implementing joint projects between Tajikistan and Saudi Arabia.

The document was signed by the CCI Chairman Jamshed Jumakhonzoda and the FSC President Hassan Al-Huwaizi.

The signing ceremony followed with a bilateral meeting, during which the parties discussed the prospects for cooperation between the two countries, priority areas in trade, investment, and joint projects, as well as preparations for the first meeting of the Business Council of Saudi Arabia and Tajikistan.