As a REGNUM correspondent was told at the presidential press office, by another resolution, the government established a joint-stock company, Rogun Hydroelectric Power Station, that will take up construction of the Rogun hydroelectric power station.
Tajik expert: Annulment of the treaty with RUSAL will not contribute to improving economic cooperation between Russia and Tajikist“I can only say I'm sorry,” said the head of the Union of Russian Compatriots in Tajikistan, Deputy Director of the Tajik Institute for History, Archaeology and Ethnography Viktor Dubovitsky commenting to a REGNUM correspondent on a decision of the Tajik government to rescind the cooperation treaty with RUSAL Company (Russia) signed in 2004. In accordance with the agreement, RUSAL was supposed to construct the Rogun Hydroelectric Power Station and a new aluminium plant.
The expert believes that the project was one of the most scaled and large elecments of the economic cooperation between Tajikistan and Russia. “Whatever the reasons for the annulment are, one can only be sorry about the decision. This will not contribute to improving the economic cooperation between the two countries,” Dubovitsky believes.
Speaking on how easy it would be for Tajikistan to find a new investor to complete construction of the Rogun Hydroelectric Power Station, the expert noted that if a contract with one company is canceled, it is always more difficult to find other investors.
“However, I think, Tajikistan will finally find investors. Because, economic profit from the energy production promised by finishing constrcution of the Rogun Hydroelectric Power Station will make it possible finding several potential investors at once that together will be able to invest needed money in implementation of the project,” the expert believes.
At the same time, Dubovitsky is confident that the Tajikistan leadership's decision to rescind the contract with RUSAL will affect the Russian-Tajik economic ties.
“If the initial contract authorized by the reputation of the two presidents in 2004 is breached, it will not contribute to improving the relations between the two countries. As for the political aspect of the decision, it is hard to say anything about it. But, speaking in the terms of Marxism and Leninism, I can say: politics is continuation of economy,” concluded Viktor Dubovitsky.
Via: Regnum
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