On May 21, 2025, within the framework of the Annual Meetings of the Islamic Development Bank (IsDB) Group, held from May 19 to 22, 2025, in the People's Democratic Republic of Algeria, an official meeting took place between the delegation of the Republic of Tajikistan, headed by the Minister of Economic Development and Trade and Governor of the IsDB from the Republic of Tajikistan, Zavqizoda Zavqi Amin, and the Acting Director General of the Islamic Corporation for the Development of the Private Sector (ICD), Khalid Khalafalla.
At the beginning of the meeting, Mr. Zavqizoda noted that thanks to the wise policy of the President of the Republic of Tajikistan, Leader of the Nation, His Excellency Emomali Rahmon, cooperation between Tajikistan and the institutions of the IsDB Group, including the ICD, has acquired strategic importance and reached a qualitatively new level.
During the meeting, the parties discussed new opportunities for cooperation, including the development of investment mechanisms through other sustainable local banks, the Islamic leasing model, support for small and medium-sized enterprises, as well as priority projects in the real sector of the national economy.
The Tajik side identified the textile industry, green energy, and logistics as priority areas for cooperation with the ICD and proposed organizing a technical mission to Tajikistan for assessing the current situation and preparing a concrete action plan.
In response, the head of the ICD welcomed the proposed areas of cooperation and confirmed the institution’s readiness to continue bilateral collaboration.
The official delegation of Tajikistan consists of the Minister of Economic Development and Trade and IsDB Governor from the Republic of Tajikistan, Zavqizoda Zavqi Amin (head of the delegation); First Deputy Minister of Finance and Alternate Governor, Majidi Yusuf; First Deputy Chairman of the National Bank, Sharifzoda Firuza; and Chairman of the State Unitary Enterprise BSTB “Sanoatsodirotbank,” Bobozoda Hokimsho.
Meetings between the official delegation of Tajikistan and the leadership and representatives of IsDB Group institutions are ongoing within the framework of the Annual Meetings.