Romania eyes expansion on Turkmen market
Ashgabat, Turkmenistan, Sept.15
By Huseyn Hasanov- Trend:
Romania's business circles intend to expand their presence in the promising Turkmen market with favorable investment climate.
The remarks were made during the meeting of Turkmenistan's President Gurbanguly Berdimuhammadov with Romania's Foreign Minister Bogdan Aurescu.
Among the priority areas of partnership, the sides mentioned the energy, transport and communications sphere taking into account the large-scale projects initiated by Turkmenistan, said the message from Turkmen government.
In particular, they emphasized the significance of the project for creating transit and transport corridor meant to consolidate the potential of the Caspian Sea and Black Sea regions and to provide new economic routes for international cargo transportation.
Earlier, the two countries agreed to create a joint working group to study the optimal routes of the Black Sea-Caspian Sea corridor by using the ports of Constanta and Turkmenbashi.
The matter rests in the formation of a new Eurasian transport corridor. In particular, the State Service of Maritime and River Transport of Turkmenistan is examining the possibility of cargo transportation, including liquefied natural gas to Constanta. The supply route involves the use of special containers and stretches across the Caspian Sea to Baku (Azerbaijan), further - by railway to Batumi or Poti (Georgia, the Black Sea region), and then by sea - to Romania.
A package of agreements has been recently signed by the two countries following the high-level talks. The memorandum of understanding on cooperation in the exchange of financial information related to money laundering and terrorist financing between the Ministry of Finance of Turkmenistan and the National Office for Prevention and Control of Money Laundering of Romania, as well as a memorandum of understanding on cooperation in the field of transport were signed.
Edited by SI