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Spain names main Turkmen sectors of its interest

Business Materials 27 November 2020 16:57 (UTC +04:00)
Spain names main Turkmen sectors of its interest

BAKU, Azerbaijan, November 27

By Jeila Aliyeva - Trend:

The most interesting Turkmen economic sectors for Spain are energy (oil and gas), water resources, transport infrastructures, textile, food industry, and tourism, The Ministry of Foreign Affairs, European Union and Cooperation of Spain told Trend.

Also, the ministry named the main Spanish companies cooperating with Turkmenistan: “IBERTEST- Laboratories for the testing of train materials; IDOM - Engineering applied to energy, water, and urban development; INDRA - Systems for the management of transport and cities; TALGO - Trains; REPSOL - Oil exploration; TÉCNICAS REUNIDAS - Engineering applied to petrochemical and fertilizer complexes; TYPSA - Engineering and architecture applied to water, transport, urban infrastructures, environment, and renewable energies.”

The ministry also revealed some details of trade turnover with Turkmenistan. In particular, the ministry noted that in the first 8 months of 2020 Spanish exports to Turkmenistan were worth 8.9 million euros.

“Spain mostly exports to Turkmenistan stone manufactures, furniture and electric materials,” said the ministry adding that Spanish main imports from Turkmenistan consisted of fertilizers and cotton.

Furthermore, the message said that COVID-19 has had a negligible effect on Spain’s cooperation with Turkmenistan.

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