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Russia's Tatarstan Investment Dev't Agency talks tasks of Turkmen trading house in Kazan

Business Materials 12 August 2020 15:22 (UTC +04:00)
Russia's Tatarstan Investment Dev't Agency talks tasks of Turkmen trading house in Kazan

BAKU, Azerbaijan, August 12

By Jeila Aliyeva - Trend:

One of the main tasks of Turkmenistan’s trading house in Kazan of Russia’s Tatarstan will be selling the country's petrochemical, textiles and other products in Russia, Tatarstan Investment Development Agency (TIDA) told Trend.

"Ministry of Industry and Trade of Russia's Tatarstan supported the initiative of creating Turkmen trading house in Kazan, noting the need to increase the Turkmen-Tatar potential for trade and economic cooperation," the agency added.

The opening of Turkmen trade representations in Russia’s Tatarstan was discussed on July 30, 2020, as part of the online-conference with participation of executive authorities of Tatarstan, managers and representatives of Tatarstan Chamber of Commerce and Industry and the Union of Industrialists and Entrepreneurs of Turkmenistan.

TIDA noted friendly relations between Tatarstan and Turkmenistan, reflected both in their business ties, and the development of cultural, humanitarian, scientific, technical and economic relations.

The Consulate General of Turkmenistan was opened in Kazan in 2019. Last year, Tatarstan took part in the first Caspian Economic Forum in Turkmenistan.

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

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Follow the author on Twitter: @JeilaAliyeva

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