Turkmenistan, Latvia discuss economic partnership issues

Photo: Turkmenistan, Latvia discuss economic partnership issues  / Turkmenistan

Ashgabat, Turkmenistan, May 21

By Huseyn Hasanov- Trend:

A meeting with Latvia's Foreign Minister Edgars Rinkevics was held at Turkmenistan's Foreign Ministry in Ashgabat on May 20, a message from the Turkmen government said.

"During the meeting, the parties discussed a broad spectrum of issues related to international cooperation, as well as the economic sector and other key areas, such as transit, transport, humanitarian spheres, especially, science and education," the message said.

Latvia is one of the reliable key partners for Turkmenistan in the international arena, primarily in the development of dialogue with the European Union, the government message stressed.

"As is known, Riga, the capital of Latvia was declared one of the cultural capitals of the EU in 2014. Regarding this, it is planned to hold a number of international events in Riga in 2014, with participation of Turkmen delegations," the message said.

Earlier, it was reported that the two countries are discussing cooperation on land transit and logistics routes to develop effective and mutually beneficial solutions for transporting goods.

The negotiations are also underway to use Latvia's experience in this field in connection with the development of maritime infrastructure in Turkmenistan.

The Turkish company Gap Insaat is implementing the Turkmenbashi seaport construction project worth about $2 billion.

The project in Turkmenbashi envisages the construction of a complex, including terminals, ship-building and ship-repair factories and coastal infrastructure.

The container terminal is expected to operate four berths overload of "ship-to-shore" (FTF) type with the capacity of 25 TEU per hour.

A main distribution center (CFS-Container Freight Station) that functions include grouping of goods designed with the throughput of 50 TEU per day will be included in the terminal.

The container terminal will be equipped with a satellite monitoring system with current information on the operator's monitor, designed in accordance with CTQI standard (Container Terminal Quality Indicator - an indicator of quality container terminals).

Turkmenistan shares borders with Azerbaijan, Russia, Kazakhstan and Iran on the Caspian Sea. Regional transport projects have been recently intensified.

Edited by C.N.

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