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Tajikistan: Hopes of Iranian Bounty May Be Dashed By Baggage

Less than a month after Tajikistan’s top government-sanctioned Islamic cleric condemned Iran as a haven for terrorists, Dushanbe has turned to Tehran with its desperate pleas for money.

Tajik media reported on February 18 that the head of the National Bank of Tajikistan met with the Iranian ambassador this week to discuss cooperation in banking and prospects for a renewed wave of inward investment.

Dushanbe appears to believe the lifting of sanctions on Iran have presented it with a timely opportunity. Iran’s banking system is yet to come out fully from under the rubble of the sanctions regime, and setting up shop in Tajikistan could be a way to get things moving again in their financial system.

Reality is a tough master, however, and there will be a lot of bad air to clear before anything materializes.

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Tajikistan: Hopes of Iranian Bounty May Be Dashed By Baggage

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