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Turkmenistan to deepen strategic partnership with IDB

Business Materials 24 February 2018 10:59 (UTC +04:00)

Ashgabat, Turkmenistan, Feb. 24

By Huseyn Hasanov – Trend:

Turkmen President Gurbanguly Berdimuhamedov met with Vice-President of Islamic Development Bank (IDB) Mansur Muhtar, Turkmen State News agency reported.

The IDB is proud of the business partnership with Turkmenistan on implementation of important projects, he noted.

Muhtar underlined the importance of the future Turkmenistan—Afghanistan—Pakistan—India (TAPI) gas pipeline which guarantees further increase of economic and social wellbeing of many Asian nations.

The Turkmen president highly assessed activity of the IDB, the reached level of cooperation between Turkmenistan and the IDB, its considerable contribution to the promotion of the TAPI and a number of other important projects. Among them is the Kazakhstan—Turkmenistan—Iran railway. International freight transit has already been established over this route, and test trains were launched from China to Iran.

Implementation of the TAPI gas pipeline project with participation of the IDB will guarantee peace and stability in the region, Gurbanguly Berdimuhamedov said, stressing that Turkmenistan is committed to the strategic partnership with the IDB.

Muhtar on his part noted the existence of huge potential for the expansion of mutual contacts.

The sides exchanged views on possibilities for future mutually beneficial partnership, including the financing of prospective programs of regional importance.

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