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Turkmenistan, Turkey discuss development of bilateral relations

Turkmenistan Materials 10 March 2014 14:26 (UTC +04:00)

Ashgabat, Turkmenistan, March 10
By Huseyn Hasanov- Trend:

Turkmenistan and Turkey have discussed topical issues of development of bilateral relations in Ankara over the entire spectrum of cooperation, a message from the government of Turkmenistan said on March 10.

The meeting was held between Turkmenistan's Deputy Prime Minister, Foreign Minister Rashid Meredov and Turkish Foreign Minister Ahmet Davutoglu.

'Turkmenistan and Turkey are committed towards the development of political dialogue firstly at a high level, as well as intensification of economic interactions between the two countries and maximising Turkmen-Turkish relations with promising projects in the cultural and humanitarian spheres', according to the Turkmen government's message.

Turkey is one of Turkmenistan's largest trading partners with over 600 Turkish companies registered in the country operating in the sphere of trade, investments, construction, energy, transport, communications and the textile and processing industry.

As of 2013, Turkish enterprises developed over 1270 investment projects in Turkmenistan, with more than 1200 projects worth over $15 billion and 26 projects worth over €2 billion as well as 26 projects worth over 56 billion manat and additional developments.

Turkmenistan exports textiles, fuel and energy, chemical and agricultural industrial products. Turkey exports metal and metal products, household goods, equipment, building materials, electrotechnics, chemical and light industry products, food, vehicles and medicines to Turkmenistan.

Ashgabat and Ankara expressed their readiness to develop cooperation in the energy sector. Turkey declared its readiness to facilitate the delivery of Caspian energy resources to Europe through its territory with one of the options being via the Caspian Sea through Azerbaijan.

Translated by L.Z.

Edited by S.M.

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