Turkmenistan, Ashgabat, August 12 /Trend H. Hasanov /
A meeting of the fourth Turkmen-Russian economic forum was held in the city of Belgorod of Russia, Turkmen television reported on Monday.
According to the report, the meeting was organised by the chambers of commerce of the two countries.
Representatives of Russia's business circles presented their latest scientific and industrial developments to the Turkmen side. The geography of these enterprises covers the cities of Moscow, Belgorod, Cheboksary, Yekaterinburg, St. Petersburg, Ulyanovsk and others.
A detailed discussion on new joint projects in such areas as agriculture, food and processing industry, construction and the transport sphere was held during the forum, the report said.
In addition, 'a search for mutually acceptable models and effective forms of business partnership and areas of expanding cooperation relations for better use of economic and intellectual potential of regions of Turkmenistan and the Russian Federation' was carried out.
The Turkmen delegation visited a number of enterprises in Belgorod, namely the Northern Industrial Park, Shebekinsky Machine- Building Plant, Belogorie, Energomash, Borisov Plant of Bridge Metal Construction, Energomash-Story Holding Company, Belgorodstroydetal, Izovol and others within the programme.
Russia holds the leading position in Turkmenistan's largest foreign trade partner ranking. Cooperation with major regions of the Russian Federation, including Tatarstan, St. Petersburg, Astrakhan, Sverdlovsk region and others have become more active in recent years.
Central Asia's largest educational and trade service centre KAMAZ is situated in Ashgabat. The total number of car models of this brand in Turkmenistan exceeds 10,000 units.
Cooperation in the fuel-energy sector is traditionally developing in the country. Russian Gazprom regularly purchases Turkmen gas, Tatneft OJSC performs work in the western region of Turkmenistan and the Russian gas company Itera is operating in the Turkmen sector of the Caspian Sea.
In total more than 190 enterprises are registered in Turkmenistan with the participation of Russian capital and more than 240 investment projects are being implemented.
In March 2013, it was reported that the President of Turkmenistan Gurbanguly Berdimuhamedov invited his Russian counterpart Vladimir Putin to visit Turkmenistan. Dates of the visit will be agreed through diplomatic channels.
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