Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Tolibzoda Firdavs Nazrimad, Chairman of the National Bank of Tajikistan (NBT), signed a Memorandum of Understanding (MoU) to enhance bilateral relations and create a solid framework for collaboration across various fields, including the exchange of information and expertise.
Through the MoU, both institutions will work together to strengthen the development of banking and financial systems, improve the efficiency of banking transactions, share knowledge on best practices, discuss relevant banking laws and regulations, and exchange technical expertise.
Emphasising the strategic value of the MoU, Balama said, “The agreement reflects the strong economic partnership between the UAE and Tajikistan and highlights the vast opportunities available for trade, investment, and financial growth.”
He further stated, “This MoU demonstrates our proactive commitment to fostering collaboration and enhancing international partnerships. By expanding joint initiatives and creating new opportunities in the banking and financial sectors, we aim to achieve the economic, commercial, and investment objectives of both nations. We look forward to cooperating closely with our Tajik counterparts to realise our mutual interests.”
Nazrimad noted, “The UAE is a key partner for Tajikistan in trade and investment. This collaboration between the CBUAE and the National Bank of Tajikistan highlights our dedication to strengthening bilateral ties and expanding economic opportunities. We remain committed to working with the CBUAE to achieve shared goals that support sustainable development and economic progress for both countries.”
