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Turkish Council of Foreign Economic Relations to continue promoting dev't of Turkmen-Turkish relations

Business Materials 27 July 2021 15:22 (UTC +04:00)
Turkish Council of Foreign Economic Relations to continue promoting dev't of Turkmen-Turkish relations

BAKU, Azerbaijan, July 27

By Jeila Aliyeva - Trend:

Foreign Economic Relations Board of Turkey (DEIK) will continue to work on strengthening and developing relations between Turkmenistan and Turkey, said Chairman of the Turkmen-Turkish Business Council Khalil Avci, Trend reports with reference to the Business Turkmenistan information portal.

He said that during the webinar dedicated to the market of Turkmenistan and trade opportunities.

Turkish businessmen have the opportunity to do business with Turkmen small and medium-sized businesses, which is especially promising in the field of agriculture and greenhouse cultivation, he said.

During the years of independence, Turkmenistan has provided Turkish contractors with a sales market worth about $60 billion.

Turkmenistan and Turkey cooperate in various spheres.

Turkey's trade with Turkmenistan in 2020 decreased by over $13.8 million compared to the previous year, making up $930 million.

“Turkey's exports to Turkmenistan amounted to $720 million, and imports from Turkmenistan – $210 million,” the ministry said.

In December 2020, the trade turnover between the two countries was by over $10.7 million less than in the same month of 2019, amounting to over $74.8 million.

"The exports from Turkey to Turkmenistan made up over $55.8 million, and imports from Turkmenistan - $19 million," noted the ministry.

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