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Turkmenistan offers business opportunities for Switzerland in number of fields

Business Materials 24 November 2020 17:20 (UTC +04:00)
Turkmenistan offers business opportunities for Switzerland in number of fields

BAKU, Azerbaijan, November 24

By Jeila Aliyeva - Trend:

Turkmenistan offers certain business opportunities for the Swiss private sector in the textile, the oil and gas industries as well as in the fields of infrastructure and construction, the Federal Department of Economic Affairs, Education and Research of Switzerland told Trend.

Swiss companies or foreign companies with offices in Switzerland are interested in the Turkmen market in the mentioned fields, noted the department.

“Political consultations between Switzerland and Turkmenistan took place as planned this year (May 2020) in a virtual format. The bilateral trade data between Switzerland and Turkmenistan in 2020 do not depict any peculiarities compared to previous years,” said the department in terms of COVID-19 impact on countries’ cooperation.

The message said that Switzerland encourages international dialogue regarding the current pandemic and related challenges.

“Of particular interest should be the strengthening of the resilience of supply chains for essential goods and preventing long-term distortive effects on competition due to governmental protective measures on trade as mainly seen at the beginning of the crisis in spring 2020. Moreover, Switzerland also shares the aim of accelerating research, development, and production of a vaccine against COVID-19, as well as its equitable distribution,” clarified the department.

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