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Turkmenistan studying possibilities of joining WTO

Business Materials 11 February 2016 15:41 (UTC +04:00)
Deputy prime minister, minister of foreign affairs of Turkmenistan Rashid Meredow during his working visit to Geneva has held a series of meetings with heads of international organizations, including director general of the World Trade Organization (WTO) Roberto Azevedo
Turkmenistan studying possibilities of joining WTO

Ashgabat, Turkmenistan, Feb. 11

By Huseyn Hasanov- Trend:

Deputy prime minister, minister of foreign affairs of Turkmenistan Rashid Meredow during his working visit to Geneva has held a series of meetings with heads of international organizations, including director general of the World Trade Organization (WTO) Roberto Azevedo, said the message of the Turkmen government Feb. 11.

During these meetings "special attention was paid to implementation of initiatives of President of Turkmenistan Gurbanguly Berdymuhamedov aimed at strengthening global energy security, environmental protection, development of international transport infrastructure, regional trade, as well as addressing water problems."

The EU proposed Turkmenistan to join WTO in January 2011. It is expected that this will increase Turkmenistan's share in regional and global trade and have a positive impact on economic development, which is necessary for long-term prosperity and well-being of the country.

The EU leadership said that the EU is ready to support Turkmenistan's joining the WTO, as it optimizes attracting foreign capital and facilitates creating new jobs.

Fuel-energy complex, high-technological industrial spheres, transport, communications, banking and financial sector are among the promising areas of cooperation between Turkmenistan and the EU.

At present, Ashgabat is negotiating with the EU and Azerbaijan on the Trans-Caspian gas pipeline construction project.

Brussels hopes to diversify the sources of gas consumption through Caspian resources, most of which is ensured by Russia.

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