New horizons for Tajikistan-UAE relations, says top envoy

Tajikistan is keen on exploring new ways of cooperation with the UAE, mainly in areas of energy, water, mining, tourism, a top envoy said in Abu Dhabi.

Bahodur Sharifi, Ambassador of Tajikistan to the UAE, told Khaleej Times that the bilateral ties between the two countries have become stronger over the years, especially with exceptional cooperation during the Covid-19 pandemic, and now it was time to scale new heights.

“Tajikistan has rich reserves of gold, silver, and almost all elements of the chemical periodic table like zinc, tin, coal, lead, nickel etc. We have the potential of creating one of the world’s leading mining and metallurgical clusters. We welcome the UAE to come and explore the prospects of drilling these rich resources.” Sharifi said.

Tajikistan is a mountainous country in the heart of Central Asia. It is located on the Silk Road connecting the west and the east. It is sitting on deposits of highly valued natural resources, and is seeking foreign investments in exploration.

“Only 5 per cent of Tajikistan’s geological reserves have been explored, making mining the most prospective sector of investments in the country,” says Sharifi.

The country of mountains, glaciers and lakes, the ambassador noted, is eagerly looking to develop its potential of hydro-power and mining resources.

Tajikistan possesses more than 60 per cent of all clean water resources of Central Asia, potentially providing 600 gigabytes of clean hydro energy, making it the region’s main hydro energy source. However, it currently utilises only 6 per cent of its potential.

“We will roll out a red carpet to investors from the UAE. We promise tax exemptions, like no income tax, no VAT or corporate tax, customs duty etc.”

“During the pandemic, we increased the frequency of flights to six, mainly from Dubai. We are looking to connect both the Capital cities. We are a beautiful country just three hours from here,” Sharifi added.