The Republic of Iran and the Republic of Tajikistan signed a Memorandum of Understanding in regard to increased direct investment in the Tajik Republic.
What's upcoming: facilitation of Iranian business investment; the reconstruction of one cement plant and the construction of another; some large-scale construction projects; and the development of an auto plant. This last does not sound like a great breakthrough, as Iran's technological development of automobiles has been hampered by various sanction regimes and disinvestment due to isolationism.
Tajikistan is also welcoming Iranian agriculture investment in sugar beet production and agricultural mechanization, by reducing tariffication and ceding water and power easements to these new investors.
Read the details here.
