Search

15. The importation of automobiles manufactured before 2005, and incandescent electric bulbs, is prohibited. (...).

17. Tax revenue has been increasing steadily, and the biggest source is VAT, followed by income tax. (...) Tax incentives are given to a wide number of sectors, including (...), hydropower stations, (...).

23. Tajik agriculture remains very vulnerable to climate-induced shocks. Other challenges faced by the sector include: (...); water resource management weaknesses and deteriorating irrigation systems; (...).

25. Tajikistan has considerable untapped potential in energy and mining, given the substantial hydropower and subsoil resources on its territory. (...).

26. With an energy matrix dominated by hydropower, Tajikistan has surplus electricity in the summer but has been facing shortages in the winter due to reduced hydrological flows. (...) Besides continuing work on the installation of additional hydropower capacity, Tajikistan also turned to its still-underexploited coal reserves as a means of diversifying its energy sources. Efforts are also underway to strengthen the regulatory framework and turn around and restructure loss-making SOEs in the energy sector.

2.43. (...) Also, in practice, state-owned enterprises (SOEs) in some sectors are not allowed to be privatized; these sectors (including medical facilities, waste treatment, major hydropower (...)) are de facto closed to foreign investment. (...)

2.46. Tajikistan is a party to the following investment treaties: the Energy Charter Treaty; (...).

2.50. The Government has been conducting reforms to improve its business environment, through streamlining business registration procedures for investors, (...) Incentives were provided: for investors who work in priority sectors such as the construction of hydroelectric power plants; (...).

2.52. Some activities are subject to licensing requirements, i.e. activities requiring administrative security for public interest and safety (e.g. activities using scarce resources; or being a potential source of harm to the environment). Currently, there are 72 types of licences, and 24 licensing authorities. (...)

2.53. Measures were also adopted to modernize the business inspection regime. In Tajikistan, certain business activities, including those involving risks to the public interest (e.g. environment, public health, natural resources, (...) must be inspected. Law No. 1269 on Inspections of Activities of Economic Entities, (...) aims to ensure more effective coordination of inspectorates, and introduce risk-based inspections. (...).