DUSHANBE, July 4, 2014, Asia-Plus – Tajik Foreign Minister Sirojiddin Aslov yesterday met in London with Mr. Suma Chakrabarti, the President of the European Bank for Reconstruction and Development (EBRD).

According to the Tajik MFA information department, the sides exchanged views on the progress of implementation of national and regional projects supported by the Bank.

They also discussed issues related to state and prospects of further expansion of cooperation between Tajikistan and the European Bank for Reconstruction and Development.

Tajik minister reportedly appreciated EBRD’s support for projects aimed at enhancement of private, banking and microfinance sectors in Tajikistan.

The EBRD’s Board of Directors has approved a new country strategy for Tajikistan which will define the Bank’s activities in that country for the next three years from 2012 to 2015. Bank operations in Tajikistan started in 1992 with technical cooperation, with the first investments in 1996. During this time, the EBRD has concentrated on private sector development, which accounts for over 70 per cent of the Bank’s investment there.