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Turkmenistan, Iran intensify relations in energy, trade, transportation

Turkmenistan Materials 11 April 2016 15:24 (UTC +04:00)
Ashgabat has hosted talks with an Iranian delegation led by the country’s Deputy Foreign Minister Morteza Sarmadi.
Turkmenistan, Iran intensify relations in energy, trade, transportation

Ashgabat, Turkmenistan, Apr. 11

By Huseyn Hasanov- Trend:

Ashgabat has hosted talks with an Iranian delegation led by the country's Deputy Foreign Minister Morteza Sarmadi, said the message from Turkmenistan's Foreign Ministry.

During the talks, the parties focused on the further development of Turkmen-Iranian cooperation in energy, trade and transportation spheres.

Talking about the political cooperation, they emphasized the role of high-level visits. The meeting participants noted that the regular meetings and negotiations at various levels show that Turkmenistan and Iran are interested in developing traditional friendly relations.

During the years of the long-term cooperation, Turkmenistan and Iran implemented a number of large-scale joint projects. The most important project is the Korpeje-Kurt-Kui gas pipeline commissioned in 1996. Iran also purchases electricity from Turkmenistan.

The two countries have built 'Dostluk' (Friendship) border dam and implemented the North-South railway project on the basis of a tripartite agreement signed in 2007 with participation of Turkmenistan, Iran and Kazakhstan.

During the visit of Iranian president to Turkmenistan in March of 2015, the parties agreed to increase the volume of bilateral trade turnover to $60 billion in the next 10 years.

Edited by SI

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