India and Tajikistan have renewed their commitment to expanding economic collaboration, with both countries expressing a shared interest in strengthening trade, investment and business partnerships across a range of strategic sectors. The discussions took place during the 12th session of the India-Tajikistan Joint Commission on Trade, Economic, Scientific and Technical Cooperation, conducted through a virtual platform.
During the meeting, Indian Commerce Secretary Rajesh Agrawal emphasized the importance of converting the strong diplomatic relationship and longstanding friendship between the two nations into meaningful economic achievements. He highlighted the need for greater engagement in areas such as trade facilitation, investment promotion, improved market access, regulatory coordination and stronger connections between businesses from both countries.
The session was jointly led by Mohit Yadav, Joint Secretary in India’s Department of Commerce, and Nuriddinzoda Ahliddin Nuriddin, Deputy Minister of Economic Development and Trade of Tajikistan. Officials from both sides reviewed the progress made since the previous meeting and identified new opportunities to advance bilateral cooperation.
India also outlined its robust economic performance, noting that the country’s gross domestic product expanded by 7.7% during fiscal year 2026. Total exports during the same period were estimated at approximately $863 billion, including around $442 billion in merchandise shipments and nearly $421 billion generated through services exports. These figures underscored India’s growing role in international trade and its capacity to deepen economic engagement with global partners.
Representatives from both nations examined trends in bilateral trade and identified several sectors with strong potential for future collaboration. Pharmaceuticals, healthcare, agriculture, food processing, energy solutions, digital technologies and services were highlighted as priority areas capable of driving stronger economic ties.
India’s exports to Tajikistan recorded notable growth during fiscal year 2026, increasing by 27.23% compared with the previous year to approximately $58.12 million. Pharmaceutical products, including drug formulations and biologicals, accounted for a significant share of these exports. Other major categories included pulses, industrial machinery, medical devices, tea, traditional wellness products and refrigeration equipment.
Beyond trade, the two countries explored opportunities in information technology, tourism, innovation ecosystems, start-up development, renewable energy projects, hydropower initiatives, mining, critical minerals, textiles, leather manufacturing, logistics and banking services. Both sides agreed to enhance regulatory cooperation, encourage direct interaction between businesses and address market access challenges to create a more supportive environment for investment.
The meeting concluded with the signing of the protocol for the 12th session, reaffirming the determination of both governments to foster sustainable growth through stronger commercial, industrial and economic partnerships in the years ahead.
