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Turkmenistan, Iran expanding trade

Business Materials 20 February 2016 17:47 (UTC +04:00)
Ashgabat will host a specialized exhibition of Iranian products on February 23-25, Turkmen national Altyn Asyr TV channel reported Feb. 20.
Turkmenistan, Iran expanding trade

Ashgabat, Turkmenistan, Feb. 20

By Huseyn Hasanov- Trend:

Ashgabat will host a specialized exhibition of Iranian products on February 23-25, Turkmen national Altyn Asyr TV channel reported Feb. 20.

More than 90 companies' products will be exhibited there, the statement said.

Iranian manufacturers engaged in the engineering, chemical industry and electronics, food and light industry, agriculture and water management, construction, trade, health and education, will present their innovative products at the exhibition.

Turkmen President Gurbanguly Berdimuhamedov ordered at the last governmental meeting to hold an exhibition at a high level.

"This traditional event must be another action in intensifying fruitful partnership between Turkmenistan and Iran and determining new ways of trade-economic cooperation on a wide range of areas," the president said.

As of the first nine months of 2015, the trade turnover volume between Turkmenistan and Iran exceeded $2.62 billion, which is 2.2 percent more than in the same period of 2015.

An agreement was reached to increase the bilateral trade volume up to $60 billion within the next 10 years during the Iranian President Hassan Rouhani's visit to Turkmenistan in March 2015.

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