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Current Position:Home » News » General News » Topic

Tajikistan and Russia may switch to rouble in mutual settlements

Zoom in font  Zoom out font Published: 2018-08-21  Views: 9
Core Tip: Minister of Economic Development and Trade of Tajikistan, Nematullo Hikmatullozoda, proposes to use the Russian rouble in mutual trade between Tajikistan and Russia.
 Minister of Economic Development and Trade of Tajikistan, Nematullo Hikmatullozoda, proposes to use the Russian rouble in mutual trade between Tajikistan and Russia. The minister expressed this idea in a recent interview, noting that such a measure will help to avoid risks from fluctuations in other foreign currencies.

The Russian Federation is a key trade and economic partner of Tajikistan. It accounts for more than 20% of the total foreign trade turnover of the country, including more than 32% of imports and about 3% of exports.

The minister said that in the first half of 2018, the foreign trade turnover with Russia increased by 6.6% compared to the same period last year, amounting to $469.5 million, while the volume of imports amounted to $448.5 million and increased by 3.4%, and the volume of exports amounted to $21 million and grew 3.1 times.

Azernews.az reports on the main products exported from Tajikistan to Russia. They are cotton fibre, fresh vegetables and fruits (potatoes, onions, carrots, grapes, lemons, apricots, peaches, cherries), dried fruits, dried vegetables, nuts and rice.

 
 
 
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