Kazakhstan and Tajikistan intend to create a joint venture for the production of flour and vegetable oil
Kazakhstan
Tajikistan
Published May 16, 2023
Tridge summary
Kazakhstan and Tajikistan agreed to consider the prospects for creating joint ventures for the production, processing and storage of agricultural products. We are talking about the creation of joint flour mills, enterprises for the production of confectionery and vegetable oil, and the processing of livestock products. The Ambassador of Kazakhstan to Tajikistan, Valikhan Turehanov, spoke about this at a briefing, ASIA-Plus reports.
Original content
He recalled that following the results of the business forum held on May 3 in Astana, Tajikistan and Kazakhstan signed contracts worth $1.8 billion. A third of them were agreements - more than $600 million, which relate to grain transactions. Kazakhstan is the main supplier of wheat and flour to Tajikistan. At the same time, there are reserves for increasing the export of vegetable oils, pasta, dairy products and confectionery. Several joint Tajik-Kazakh companies operate in the Sughd region. One of them is Grain Company LLC, which was established in 2007 by the decision of the meeting of the founders of the Kazakh-Tajik Grain Company Limited Liability Partnership. It is noted that Tajikistan has reduced flour imports from 460 thousand tons (2007) to 95 thousand tons (2020). According to the forecasts of the Ministry of Economic Development, the republic intends to reduce flour imports to 48,000 tons, and increase wheat imports to 334,000 tons. Tajikistan annually grows about ...
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