[ad_1]
Baku, Azerbaijan, August 29. The initiatives planned in the project “Trade Facilitation in Central Asia”, commissioned by the German Ministry for Economic Cooperation and Development (BMZ) and implemented by GIZ in Tajikistan, focus on simplifying and improving trade procedures, a GIZ source told reporters. trend.
Sources pointed out that this is a regional project with regional goals, with expert teams spread across the five Central Asian countries. The budget is allocated according to the needs of each country.
The project aims to simplify and streamline trade procedures to make it easier to move goods across borders. This will involve adopting international standards and best practices.
As part of the initiative, representatives of relevant ministries of the five countries meet twice a year on the regional platform of the National Trade Facilitation Committee to discuss and develop a unified regional transit and transport concept.
In addition, the project will focus on creating digital solutions to facilitate trade, training and capacity building, strengthening public-private partnerships, and supporting improvements in transport and logistics infrastructure.
On June 5, 2024, the Ministry of Economic Development and Trade of Tajikistan signed a trade facilitation agreement with the German Agency for International Cooperation. The project runs from January 2024 to December 2026, with a total budget of 6.5 million euros, shared by Tajikistan, Uzbekistan, Kazakhstan, Kyrgyzstan and Turkmenistan. These initiatives are expected to enhance trade dynamism and economic integration in the region.
[ad_2]
Source link
