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The Turkmen-Tatar business forum is planned to be held in Ashgabat on October 11, the Turkmen government reported.

A wide range of issues accelerating fruitful contacts are planned to be discussed at the meeting.

The issue was discussed at the recent governmental meeting in Ashgabat, where Turkmen President Gurbanguly Berdimuhamedov stressed that the relations with the Republic of Tatarstan of the Russian Federation are being intensively developed and a number of large joint projects are being implemented.

"The Turkmen-Tatar business forum is designed to give a new impetus to the further development of bilateral cooperation," the Turkmen president said.

Earlier, it was reported that President of Tatarstan Rustam Minnikhanov intends to visit Turkmenistan.

Ashgabat has the largest retail and service center in the Central Asia, KamAZ. The total number of KamAZ cars in Turkmenistan is more than 10,000.

Turkmenistan and Tatarstan are cooperating in fuel and energy sphere. As for instance, Tatarstan’s Tatneft and Turkmenistan’s Turkmenoil signed an agreement in 2008.

The agreement envisages rendering services for increasing oil recovery at reservoirs of the existing well stock and further use of the oil production potential at the Goturdepe field.

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