August 29, 2008

Russia, Tajikistan Continue Hydropower, Gas Cooperation

DUSHANBE. Aug 29 (Interfax) - The presidents Dmitry Medvedev of Russia and Emomali Rahmon of Tajikistan said the two countries intend to develop cooperation in the hydropower and gas industries.

Russia and Tajikistan attach priority to cooperation in the hydropower industry, specifically, the construction of the Sangtudinskaya Hydroelectric Plant, the two presidents said in a joint statement released in Dushanbe on Friday. The document also confirms the sides' interests in other projects in this area, including the construction of the Rogunsky Hydroelectric Plant.

In addition, the statement says Russia and Tajikistan will continue developing projects in the fuel and energy industry, "including geological exploration conducted in cooperation with OAO Gazprom and the development and exploration of natural gas deposits in Tajikistan."

The presidents also pointed out the importance of expanding cooperation at an interregional level.

"Special importance is attached to state assistance to the process of creating joint ventures within the framework of interregional cooperation, as well as other practical measures in the area of industrial and technological cooperation and communications in the banking sphere," the document says.

"The presidents of Russia and Tajikistan are satisfied to state that trade turnover, which has reached some 50% annually for the past few years, is increasing steadily," the document says.

The document also said that Russia and Tajikistan need to strengthen their bilateral cooperation in the military and military- technical sphere.

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