Ashgabat, Turkmenistan, Aug. 25
By Huseyn Hasanov – Trend:
A meeting was held at the Ministry of Foreign Affairs of Turkmenistan with a delegation of the Ministry of Economy, Trade and Industry of Japan (METI), Trend reports referring to the Turkmen Foreign Ministry.
The delegation was headed by the head of the department for the development of international projects in the field of system infrastructure and water business of the Japanese ministry. The parties discussed key areas of trade and economic cooperation and spoke of "the need to create favorable conditions for interaction at the level of enterprises of both countries, to search for new forms of joint activity, and to implement joint projects and programs."
Another topic of discussion was the process of the execution of projects implemented in Turkmenistan with the participation of Japanese companies, including Mitsubishi, Kawasaki, Itochu and Sumitomo. The parties noted the effectiveness of the interaction between state concerns of Turkmenistan and Japanese companies in such areas as the chemical industry, gas industry, transport, agriculture and water management, the report reads.
The impulse to business relations with Japan was given by the official visit of Japanese Prime Minister Shinzo Abe to Turkmenistan in October 2015, when agreements on a number of investment projects worth $18 billion were concluded. Japan is showing interest in participating in projects to develop the industrial infrastructure of Turkmenistan’s largest gas field, Galkynysh. President of Turkmenistan Gurbanguly Berdimuhamedov plans to visit Japan in order to participate in the celebrations on the occasion of the accession to the throne of Emperor Naruhito, at the invitation of the Japanese side. According to preliminary information, the ceremony will be held in fall.