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Russia's Tatarstan eyes to cooperate with Turkmenistan in shipbuilding sector

Business Materials 26 December 2019 16:08 (UTC +04:00)
Russia's Tatarstan eyes to cooperate with Turkmenistan in shipbuilding sector

ASHGABAT, Turkmenistan, Dec. 26

By Huseyn Hasanov– Trend:

The trade turnover between Turkmenistan and Tatarstan Republic of Russia amounted to $65 million in the first nine months of 2019, Tatarstan's Industry and Trade Minister Albert Karimov said at a meeting with the visiting Turkmen delegation, Trend reports with reference to Tatar Industry and Trade Ministry.

The sides discussed prospects for cooperation between Tatarstan's Ak Bars Shipbuilding Corporation and Turkmenistan.

The Turkmen delegation also visited JSC Zelenodolsk Plant named after A.M. Gorky (Zelenodolsk Shipyard).

Branches of the leading companies of Tatarstan, such as KAMAZ, Tatneft and IED-Holding, operate in Turkmenistan.

Furthermore, Tatneft has resumed the work on increasing the oil recovery and well repairing in Turkmenistan’s Goturdepe field.

Turkmenistan is one of the large sales markets for KAMAZ trucks. The country has received more than 9,000 trucks and special machinery from KAMAZ over the last ten years.

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