Turkmenistan, Hungary discuss energy supply and security
By Aynur Jafarova
Turkmenistan and Hungary have discussed the energy supply issues, diversification of routes and energy security.
The discussions were held between Hungarian President Janos Ader and his Turkmen counterpart Gurbanguly Berdymukhamedov during Turkmen president's official visit to Budapest, Hungary.
During the negotiations, Ader said the practical implementation of the projects in the field of energy supply is of great importance for Europe.
He also expressed support for Turkmenistan as a country ready to contribute to strengthening Europe's energy security.
Berdymukhamedov, in turn, noted Turkmenistan regards Hungary as an important partner in its dialogue with the European community. This process is mainly focused on cooperation in the energy field.
During the talks, the sides reaffirmed the need of establishing a multilateral dialogue between the countries on the energy security issues and diversification of supply routes.
Following the talks between the two presidents, the sides signed a number of documents, including a joint statement, intergovernmental agreements on economic cooperation in the field of education, science and culture. They were signed between two sides' foreign ministries and Turkmenistan's State Tax Service and Hungarian National Tax and Customs Administration.
Diplomatic ties between Turkmenistan and Hungary were established in 1992. The trade turnover between the two countries amounted to $17.36 million in 2013.
Turkmenistan imports Hungarian agricultural products, textiles and vehicles. Hungary, in turn, is interested in increasing import of chemical, oil and gas processing products from Turkmenistan.
Also, Turkmenistan is actively promoting the idea of diversifying the way of delivering its energy resources to the world, including to the European market. Hungary is interested in cooperating with Turkmen gas as part of transnational projects.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!