On May 25, 2022, a subsidiary of Islamic Organization for Food Security –International Islamic Food Processing Association (IFPA) held a bilateral meeting with the Deputy Chairman of Tajikistan Chamber of Commerce and Industry (“Chamber”). The Chamber was founded in 1960, and its current mission is to intensify foreign trade and economic cooperation with both close and faraway countries, and aid to promote domestic goods in foreign markets. Tajikistan’s CCI unites 500 significant banks, associations, unions, and business associations throughout the country, each with hundreds of corporate structures functioning across the country’s economy.
Being a platform for the country’s whole business community Chamber has signed an agreement with the international IFPA, under which the Chamber will become a valuable honorary member of the Association. The parties agreed to work together in mutual support of Tajikistan’s agri-food enterprises to strengthen Tajikistan’s agri-food sector’s export potential to OIC markets and attract foreign direct investments and Islamic financing services.
IFPA’s business trip to Dushanbe has also coincided with the participation in a big event “Trade and Economic Mission of Kazakhstan in Tajikistan” (“TEM”) on May 26-27 which took place in Hilton Dushanbe. The official section of the event was launched, and keynote addresses were given by Mr. Nuraly Bukeikhanov, Deputy CEO of Qaztrade Center for Trade Policy Development from the Kazakhstan side, and Ms. Manzura Rustamova, Deputy Chairman of Tajikistan Chamber of Commerce and Industry from Tajikistan. TEM’s officials gave attendees the most up-to-date information on market demands as well as an overview of trade turnover and existing potential between Kazakhstan and Tajikistan.
The IFPA team, Mr. Berik Kaliyev, Head of International Partnerships, and Ms. Gulsum Kenenbayeva, Head of International Memberships held several B2B meetings with representatives from the agri-food sector, logistics, and banks, including ASYL spice center, ALTAI MAI LLP, Eurasian Green Product LLP, Tajikistan Vitamins LLP, Shin-Line LLP, AVAS Logistics, Sayfulloi – Khayrkhoh LLP, Tauhid Bank Tajikistan, and Alif Bank. IFPA agreed to assist them in expanding into new markets in OIC countries, developing more convenient logistical routes to promote trade, and obtaining Islamic financing.