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Turkmenistan, Uzbekistan building up mutual trade

Business Materials 4 September 2019 11:32 (UTC +04:00)

Ashgabat, Turkmenistan, Sept. 4

By Huseyn Hasanov – Trend:

In the first half of 2019, the trade turnover between Uzbekistan and Turkmenistan amounted to $257 million, which is 2.8 times more compared to the same period last year, Trend reports referring to Ambassador of Uzbekistan to Turkmenistan Akmaljon Kuchkarov.

The article of the diplomat was published by the Turkmen media. This year, contracts for the supply of agricultural equipment, chemical fertilizers and other products to Turkmenistan were successfully implemented.

The large-scale projects implemented in Uzbekistan have allowed increasing the volume of imports of various industrial goods, including cement, glass products, building materials, equipment and furniture from Turkmenistan, the ambassador noted.

Turkmenistan and Uzbekistan, which have big hydrocarbon reserves, stand for diversifying energy flows. This is exemplified by the implementation of the project on the Turkmenistan-Uzbekistan-Kazakhstan-China gas pipeline, commissioned in 2009.

Ashgabat is ready to intensify the cooperation within the project on the supply of electricity from Central Asia to South Asia along the Turkmenistan-Uzbekistan-Tajikistan-Afghanistan-Pakistan route.

The project on the creation of the Uzbekistan – Turkmenistan – Iran – Oman transport route is also being discussed. This will greatly increase the international transit freight flows and ensure a new communication corridor to the world markets.

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