BAKU, Azerbaijan, June 28
By Jeila Aliyeva - Trend:
The Union of Industrialists and Entrepreneurs of Turkmenistan and the Kyrgyz Union of Industrialists and Entrepreneurs have signed contracts for the supply of Turkmen products to Kyrgyzstan in the amount of more than $28.6 million, Trend reports with reference to the Union of Industrialists and Entrepreneurs of Turkmenistan.
Some 13 of the signed contracts are for the supply of sanitary and faience products, pipe products, tomatoes, confectionery, as well as protocols of intent for the supply of shoes and food products.
The signing took place during the Turkmen-Kyrgyz economic forum.
As reported, Turkmenistan and Kyrgyzstan are interested in expanding partnerships in the fields of energy and industry, textile industry, trade, and others.
Previously, the leadership of the Union of Industrialists and Entrepreneurs of Turkmenistan and Kyrgyzstan considered proposals to stimulate entrepreneurship and investment cooperation.
In the first seven months of 2019, the trade turnover between Kyrgyzstan and Turkmenistan amounted to $6.5 million, as entrepreneurs mainly cooperated in the trade sphere.
Tourism, transport, logistics, and agriculture were also identified as promising areas of cooperation.
Turkmenistan supplies fresh tomatoes, bakery and flour products, textiles, and pipes to Kyrgyzstan. In turn, Kyrgyzstan exports lamps, plastic films and tapes, and machinery for the textile industry to Turkmenistan.
---
Follow the author on Twitter: @JeilaAliyeva