Tajik Talco depends on its neighbors

Today, Tajik unitary enterprise Talco is going through difficult times in its history. According to the Ministry of Economic Development and Trade of Tajikistan, in the first six months of 2014, the company produced 36 thousand tons of primary aluminium. In the same period in 2013, about 60 thousand tons was produced. Thus, the reduction in the production made up was almost 40%. This is connected with the fall in world prices for aluminium.

This production decline may be not noticeable in developed countries, which economy is capable of  coping with external negative factors. However, the primary aluminium production plays a significant role in the structure of GDP in Tajikistan. Additionally, more than 30 companies work in related industries that depend on Talco. Talco creates twelve thousand jobs. Tajikistan has not so many of such companies, and even a short-term decline in the production, not to mention the production suspension, promises a big loss to the state's economy.