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Turkmenistan, Ukraine discuss boosting investment co-op

Business Materials 12 June 2021 10:45 (UTC +04:00)
Turkmenistan, Ukraine discuss boosting investment co-op

BAKU, Azerbaijan, June 12

By Jeila Aliyeva - Trend:

Turkmenistan and Ukraine have talked about the further enhancing cooperation in the field of trade and investment, Trend reports with reference to Turkmenistan’s Ministry of Foreign Affairs.

This was stated during a phone conversation between Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Minister of Foreign Affairs of Ukraine Dmytro Kuleba.

The ministers discussed the current state and prospects for the development of bilateral relations in the political, diplomatic, trade, economic, cultural and humanitarian fields.

Special emphasis was placed on expanding contacts in the field of education and culture.

As earlier the Ministry of Economic Development, Trade and Agriculture of Ukraine told Trend, Ukraine and Turkmenistan are ready to sign a number of documents.

"Now come the preparations for the fifth meeting of the Joint intergovernmental Ukrainian-Turkmen Commission on economic and cultural-humanitarian cooperation, which is scheduled to take place in 2021, the agreement which will be noted in the relevant bilateral documents," the Ministry said.

An important task of the parties is to determine the key areas of cooperation, joint initiatives, including the format of participation of the Ukrainian side in the context of the creation of a logistics hub in Turkmenistan, and so on.

The report notes that Ukraine considers Turkmenistan as one of the key partners in Central Asia.

"According to еhe results of the 2020 the volume of bilateral trade in goods was $85.5 million, export amounted to $56.1 million (an increase of 2 percent), import – $29.4 million," the ministry said.
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