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Austria interested in participating in projects in Turkmenistan

Business Materials 5 May 2021 21:19 (UTC +04:00)
Austria interested in participating in projects in Turkmenistan

BAKU, Azerbaijan, May 5

By Jeila Aliyeva - Trend:

Austria has expressed its interest in participating in projects in Turkmenistan, Trend reports with reference to the Union of Industrialists and Entrepreneurs of Turkmenistan.

This was said during an online meeting of the Union of Industrialists and Entrepreneurs of Turkmenistan members with the President of the Federation of Austrian Industries Georg Knill.

At the same time, the Austrian side is ready to expand cooperation with its Turkmen partners in various areas, including industry, construction, investment and othersю

Austria would like to visit Turkmenistan to hold meetings with relevant high-level representatives and discuss specific details of joint projects as soon as the situation with the pandemic is resolved.

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

"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.

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Follow the author on Twitter: @JeilaAliyeva

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