The Saudi Export-Import Bank (EXIMBANK) is set to strengthen financial ties with Tajikistan, aiming to foster collaboration and mutual growth, according to reports from Trend. This announcement came during a meeting in Riyadh with a Tajik delegation led by First Deputy Prime Minister Hokim Kholiqzoda.
The meeting focused on enhancing interbank cooperation, including the development of Islamic banking systems and expanding cross-border banking operations. Both sides discussed strategies to attract Islamic capital to further elevate financial collaboration between the two countries.
In addition, Kholikzoda met with Khaled bin Walid Al-Zahir, First Deputy Governor of the Saudi Arabian Monetary Authority (SAMA). The discussions centered on direct partnerships between commercial banks in both nations and other vital aspects of banking cooperation.
These talks come in anticipation of the 26th meeting of the Tajik-Saudi Intergovernmental Commission for Economic, Trade, Investment, Technical, and Cultural Cooperation. Banking cooperation is a key topic, and both sides agree that the ongoing efforts within this framework will enhance bilateral economic relations.
The series of meetings highlights the growing commitment to building stronger financial and economic connections between Saudi Arabia and Tajikistan.
