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Turkey, Turkmenistan seek expanded cooperation

28 October 2016 13:45 (UTC+04:00)
Turkey, Turkmenistan seek expanded cooperation

By Nigar Abbasova

Ankara and Ashgabat seek to bring the bilateral cooperation to a qualitatively new level, while Turkish companies and businessmen intend to strengthen their positions in the promising Turkmen market.

The issues of the bilateral economic and political cooperation were high on the agenda during meeting of Turkmen President Gurbanguly Berdimuhamedov and Deputy Prime Minister of Turkey Togrul Turkes.

Turkes voiced the interest of business circles of his country in the strengthening of cooperation. Energy, transport and communication, industry and construction sectors were named among the priorities for strengthening the ties.

Moreover, the sides hailed the activity of the Turkmen-Turkish Commission and Joint Business Council.

The Turkmen President earlier held a telephone conversation with his Turkish counterpart Recep Tayyip Erdogan., with whom he exchanged views on a number of topical issues of regional and global agenda.

The cooperation between the two countries encompasses very diverse fields, while one of the priority directions of the Turkmen-Turkish cooperation is the fuel and energy sector.

Moreover, Turkish companies are making significant contributions to the infrastructural development of Turkmenistan.

Turkey mostly exports electronic equipment, machinery, processed metals and furniture to the Central Asian nation, making up some 26 percent of imports of Turkmenistan.

Turkish companies implement about 1580 projects in such sphere as transport, communication, agriculture, construction, trade, management of water resources. Some 562 enterprises with Turkish capital are currently registered in Turkmenistan. The volume of trade turnover between the countries amounted to $5.5 billion in 2015.

Turkey was the first country to recognize the independence of Turkmenistan on 27 October 1991.

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Nigar Abbasova is AzerNews’ staff journalist, follow her on Twitter: @nigyar_abbasova

Follow us on Twitter @AzerNewsAz

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