Tehran to help Dushanbe develop capital market, launch new exchanges
Iran and Tajikistan agreed on Saturday to expand cooperation in developing the latter’s capital market and establishing new exchanges, Mehr news agency reported.
Iran’s Securities and Exchange Organization (SEO) expressed readiness to assist Tajikistan in setting up commodity exchanges and developing commodity-backed securities, the SEO chief said during a meeting with Tajikistan’s minister of finance in Dushanbe.
“With nearly 60 years of experience in the securities market and over 20 years in commodity exchanges, the organization is ready to help establish commodity exchanges and implement commodity-backed securities in Tajikistan, sharing its expertise with the country,” Hojatollah Seyyedi said.
He expressed hope that the meeting would mark “the beginning of deeper cooperation between the two countries to develop capital markets.”
Both sides called for stronger collaboration in capital market development.
Tajik Finance Minister Faiziddin Qahhorzoda said that expanding cooperation with countries around the world is a priority in Tajikistan’s economic policy. “We already have broad economic ties with Iran, but we believe these relations should be further strengthened and taken to a higher level,” he said.
Highlighting Tajikistan’s steady economic growth over the past decade, Qahhorzoda added, “The country’s economic growth has been stable in recent years, and we seek closer cooperation with Iran’s Securities and Exchange Organization to develop the capital market and establish new exchanges in Tajikistan.”
Tajikistan has experienced robust economic growth over the past decade, averaging above 7.1% annually according to the World Bank. In 2024 the economy expanded by 8.4% year-on-year, driven by strong remittance inflows and rising domestic demand.