Iran and Turkmenistan sign cooperation document

Business Materials 28 October 2021 09:50 (UTC +04:00)
Iran and Turkmenistan sign cooperation document

TEHRAN, Iran, Oct.28


Iran and Turkmenistan are promoting trade and cultural cooperation by signing joint cooperation document, said the Iran Minister of Road and Urban Development.

It is hoped that trade and cultural cooperation between two countries will reach the optimal level, Rostam Qassemi noted on the closing ceremony of the 16th annual meeting of Iran Turkmenistan Joint Economic Cooperation Commission.

Turkmenistan Foreign Minister Rashid Merdov arrived in Tehran to attend the meeting and signed the joint cooperation document with Iranian officials.

There have been general agreements between the two countries to set their agenda on the Turkmenistan natural gas swap via Iran, accelerating exploration of hydrocarbon reservoirs in the Caspian Sea, continuing cooperation in oil and gas sectors, and sharing experiences in the power sector.

Another field of cooperation in the signed document between the two countries is increasing transportation and accepting transportation of fleet via joint terminal and expanding railway cooperation.

Iran and Turkmenistan have also agreed to cooperate in Sarakhs Free Zone and use ports. Iranian automaker Iran Khodro and other Iranian companies are ready to participate in Turkmenistan civil and construction projects.

There have been agreements to hold short-term training courses for healthcare forces and exchange students and professors alongside cooperation in mass media by opening an official branch of Islamic Republic News Agency (IRNA) in Turkmenistan.

The two countries are also expected to sign another agreement for cooperation between their railway companies.

The meeting of the Iran Turkmenistan Joint Economic Cooperation Commission is held annually however it was canceled in the past two years due to a coronavirus outbreak.