...

Austria reveals latest trade turnover data with Turkmenistan

Business Materials 27 April 2021 14:25 (UTC +04:00)
Austria reveals latest trade turnover data with Turkmenistan

BAKU, Azerbaijan, April 27

By Jeila Aliyeva - Trend:

The total trade turnover between Austria and Turkmenistan amounts to 300.000 Euros in January 2021, the Federal Ministry for Digital and Economic Affairs of Austria told Trend.

“The most important export products are various kind of machines, medicinal and pharmaceutical products,” noted the ministry, adding that in the year 2020 the most important export goods were: medicinal and pharmaceutical products; working machines; miscellaneous foodstuffs; perfumes, detergents, and cleaning agents and other machines.

Meanwhile, in 2020 the main import goods from Turkmenistan were: communication equipment, vegetables, and fruits, other means of transport, clothing, and accessories.

“Austrian companies are still interested in Turkmenistan in the areas of energy, including renewable sources of energy, environmental technologies such as water and waste management, medicinal technology and pharmaceutical, agriculture, food processing, infrastructure and digitalization (e-government, e-learning),» said the ministry.

As earlier the Federal Ministry for European and International Affairs of Austria told Trend, Austria is very much interested in further promoting economic cooperation with Turkmenistan.

"There is also a very good and sound structural foundation to further promote economic and trade ties between Austria and Turkmenistan," the ministry noted earlier, adding that the Turkmen Association of Entrepreneurs and Industrialists has a representation in Vienna which is also conducive to intensifying bilateral economic relations.

As reported, the prospects of the country's cooperation with Austria cover the creation of joint innovative facilities in the Turkmen free economic zones, the construction of mineral fertilizer production plants, and cooperation in petrochemical and gas sectors.

---
Follow the author on Twitter: @JeilaAliyeva

Tags:
Latest

Latest