Skip to comments.Tajikistan piles on China debt
Posted on 06/13/2013 12:31:45 AM PDT by TexGrill
Tajikistan's President Emomalii Rahmon paid a state visit to China on May 19-20, where he had talks with his Chinese counterpart, Xi Jinping, and with several heads of Chinese state corporations. Rahmon's official visit resulted in several multi-million-dollar investment projects in the infrastructure, banking, energy and mining sectors, as well as a technical cooperation agreement that altogether added up to around US$200 million, thereby further strengthening China's presence in Tajikistan's economy.
During the first day of his visit, President Rahmon met the heads of various Chinese state corporations, which shows the Central Asian leader's particular interest in the further encouragement of Chinese investment and capital to Tajikistan. Besides the
aforementioned multi-sector investment projects, Rahmon's discussions with Chinese business leaders also focused on a planned enterprise for oil processing in Tajikistan.
On May 20, during his top-level talks with President Xi, Rahmon highlighted that relations with China are a permanent priority in the foreign policy of Tajikistan. Furthermore, in order to bolster bilateral relations to a more strategic level, Rahmon proposed developing and adopting a "Multi-Dimensional Cooperation Program for the period of 2014- 2019" between the two countries.
(Excerpt) Read more at atimes.com ...
China never does anything for free; if they’re buying up Tajikistan, there must be oil there or something equally valuable.
Initially, the new rail and pipeline connecting China and Iran.
Oil and lebensraum; China gains at the bottom line.