Turkmenistan, Qatar mull trade and economic partnership

Business Materials 29 December 2017 14:26 (UTC +04:00)

Ashgabat, Turkmenistan, Dec. 29

By Huseyn Hasanov – Trend:

Turkmen President Gurbanguly Berdimuhamedov spoke on the phone with Qatari Emir Sheikh Tamim Bin Hamad Al-Thani, the Turkmen government said in a message.

The conversation took place at Qatar’s initiative.

The heads of state noted impressive potential for the development of mutually beneficial cooperation. Implementation of the agreements reached earlier and plans for the future were mulled during the conversation.

At the same time, the sides emphasized important role of partnership in trade and economy. The parties also exchanged views on a number of topical issues of mutual interest.

“In this regard, the sides noted constant commitment of the two states to coordinated interaction within authoritative international organizations,” said the message.

Turkmenistan is interested in discussing the participation of major financial and investment structures of Qatar in the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.

Turkmenistan started constructing its TAPI section in December 2015 and the construction is expected to take three years. The total length of the TAPI pipeline will be 1,814 kilometers. A 214-kilometer section of the pipeline will run through Turkmenistan, a 774-kilometer section will run through Afghanistan and an 826-kilometer section will run through Pakistan.

Annual capacity of the gas pipeline will be 33 billion cubic meters.