Ashgabat, Turkmenistan, Dec. 12
By Huseyn Hasanov – Trend:
Turkmen Foreign Minister Rashid Meredov met with Ambassador Extraordinary and Plenipotentiary of Kuwait Majdi Ahmad Al-Dhafiri in Ashgabat, Trend reports citing the Turkmen Foreign Ministry.
The parties discussed creation of a joint Turkmen-Kuwaiti intergovernmental group on trade and economic cooperation, the report said.
The possibility of organizing business meetings on using transit possibilities of the Central Asia - Middle East transport corridor was also considered.
During the official visit of the Turkmen president to Kuwait in March this year, a solid package of bilateral documents was signed. A memorandum of understanding was signed between the Turkmengas State Concern and Kuwait Petroleum Corporation.
In addition, a memorandum of understanding on cooperation between the government of Turkmenistan and the Kuwait Fund for Arab Economic Development was signed.
At the summit talks in Kuwait, the parties considered the possibility of establishing joint ventures in the manufacturing sector based on mutual investments, and partnerships in such spheres as metallurgy.
Energy, trade, investment, transport and communication, chemical industry, textile industry and agriculture, health care and high technology are areas of cooperation among the two states designed for long-term prospects.
A proposal was made to hold a joint business forum and an exhibition on trade and investment.
Turkmenistan is also interested in discussing issues related to the participation of large financial and investment structures of the Middle East in the implementation of Turkmenistan–Afghanistan–Pakistan–India gas pipeline (TAPI) project.