BAKU, Azerbaijan, April 20
Trend:
Republic of Korea has announced a list of its companies that plan to cooperate with Turkmenistan, Trend reports with reference to Business Turkmenistan informational portal.
This initiative was discussed at the meeting of Turkmen-South Korean Business Council held in Ashgabat on April 17, 2020, which was held via videoconference.
Korean Hyundai Engineering, LG International and GS E&C companies expressed their readiness to cooperate with Turkmenistan to strengthen and modernize the technical base of the fuel and energy sector of the country.
Furthermore, Korea Marine Equipment Research Institute KOMERI has offered to organize seminars and to supply equipment for the marine fleet.
Doosan Heavy Industries which specializes in water management system and energy, offered to cooperate in the construction of a drinking water plant on the Caspian Sea coast.
The Korean side also presented its online TradeKorea trading platform, which provides an opportunity for mutual sales of goods.
The participants expressed confidence that regular contacts will help to strengthen trade and economic relations as well as improve the partnership between Turkmenistani and Republic of Korea’s businessmen.
From the Turkmen’s side, the meeting was attended by representatives of the fuel and energy sector, transport sector, textile industry, water management, as well as Turkmendenizyollary Agency, Balkan Shipbuilding and Repair Plant Open Joint Stock Company, Deniz Sowda Floty Closed Joint Stock Company.
Korea International Trade Association (KITA) and companies specializing in various fields represented South Korea at the meeting.