OECD explores Turkmen market
Ashgabat, Turkmenistan, Oct. 4
By Huseyn Hasanov– Trend:
A meeting with the head of the Eurasia Division of the Organisation for Economic Co-operation and Development (OECD) William Thomson was held in the Union of Industrialists and Entrepreneurs of Turkmenistan (UIET), Trend reports referring to the UIET.
The OECD's interest in studying the Turkmen market and the role of private business in it were noted during the meeting.
The OECD delegation was informed about the structure and main economic indicators of the UIET, as well as the achievements of the organization in the implementation of large projects in various industries.
The Minister of Finance and Economics of Turkmenistan Batyr Bazarov earlier held talks with the OECD leadership in Paris.
The sides discussed the prospects for cooperation in such areas as training, digital economy, stimulating the flow of investments and private entrepreneurship, promoting and stimulating exports, energy and the environment.
The OECD was formed in 1961 at the initiative of the US on the basis of the Organisation for European Economic Co-operation (OEEC)
This structure is an international economic organization of developed countries that recognize the principles of representative democracy and a free market economy.
Turkmenistan occupies one of the key positions in the region in the supply of natural gas. Main importers of the Turkmen gas are China and Russia.