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Turkmenistan, U.S. to eye business projects

12 November 2013 11:36 (UTC+04:00)
Turkmenistan, U.S. to eye business projects

A two-day meeting of the Turkmen-American Business Council will open in Ashgabat on November 12. The agenda includes the further cooperation issues on a number of priority areas, the Turkmen government reported.

The meeting is expected to discuss the aspects of developing the transport sector, communication and innovation in Turkmenistan.

Currently, the countries have established business contacts in the supply of high-performance agricultural equipment, upgrading of technical civil aviation fleet of Turkmenistan and import of power equipment.

As for joint projects in the gas sector, this stage of cooperation should be mastered. The U.S. shows interest in such projects as the laying of gas pipelines from Turkmenistan to Europe via the Caspian Sea and to Pakistan and India via Afghanistan.

Moreover, the negotiations are underway to develop hydrocarbon fields in Turkmenistan, ranking fourth on the largest natural gas reserves in the world. Ashgabat invites U.S. companies to develop the Turkmen shelf of the Caspian Sea.

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