Financial services and fiscal institutions
Article 55
1. Cooperation in the field of financial services shall in particular aim at facilitating the involvement of the Republic of Tajikistan in universally recognised clearing systems. Technical assistance shall focus on: — the development of a stock market and a securities market, — the development of banking services, the development of a common market for credit resources and the involvement of the Republic of Tajikistan in a universally recognised clearing system, — the development of insurance services, which would inter alia create a favourable framework for Community companies’ participation in the establishment of joint ventures in the insurance sector in the Republic of Tajikistan, and the development of export credit insurance. This cooperation shall in particular contribute to fostering relations between the Parties in the financial services sector. 2. The Parties shall cooperate in developing the fiscal system and fiscal institutions in the Republic of Tajikistan. This cooperation shall include the exchange of information and experience on fiscal matters and the training of personnel involved in the formulation and implementation of fiscal policy.