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Turkmenistan, Hungary eye to intensify business partnership

Business Materials 24 April 2019 13:51 (UTC +04:00)

Ashgabat, Turkmenistan, April 24

By Huseyn Hasanov– Trend:

A meeting with Ambassador Extraordinary and Plenipotentiary of Hungary Peter Santo has been held in Ashgabat, Trend reports referring to the Turkmen Foreign Ministry.

An exchange of views took place on the prospects for expanding cooperation in the political, trade, economic, cultural and humanitarian fields.

The parties discussed the possibility of enhancing trade and economic relations between enterprises, companies and entrepreneurs of Turkmenistan and Hungary, taking into account the establishment of direct contacts, the report said.

During one of the meetings of the Turkmen-Hungarian Intergovernmental Commission on Economic Cooperation in Ashgabat, special attention was paid to the prospects of Turkmen natural gas supplies in the European direction.

Hungarian delegation was headed by Deputy Minister of Foreign Affairs and Trade of the country Istvan Mikola.

Negotiations on the delivery of Turkmen gas to Europe have been underway since 2011.

The project of laying a 300-kilometer gas pipeline along the Caspian Sea bottom to the shores of Azerbaijan, as previously noted by the interested parties, is optimal for the delivery of Turkmen resources to the European market. Turkmen fuel can further find its way to Turkey, which borders with European countries.

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