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By Trend

Diplomatic relations between Turkmenistan and South Korea have been systematically developing since their establishment in 1992, South Korean President Moon Jae-in said in a letter to his Turkmen counterpart Gurbanguly Berdimuhamedov.

The South Korean president expressed hope that the bilateral relations will reach an even higher level by strengthening the existing mutually beneficial partnership between South Korea and Turkmenistan.

In his letter, Moon Jae-in also expressed confidence in the great success of economic development policy pursued by the Turkmen president and expressed hope that South Korea will be able to contribute to this process.

It was earlier reported that Seoul hopes for partnership with Turkmenistan in such areas as development of gas fields, creation of petrochemical and gas infrastructure.

Meanwhile, Ashgabat and Seoul pay special attention to the transport sector in the context of development of transit and logistics infrastructure along the East-West and North-South routes, giving access to European and Middle Eastern markets.

The total trade between Turkmenistan and South Korea has recently grown from $200 million to almost $2 billion, according to the Turkmen side’s data.

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