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Turkmenistan, UAE to hold meeting of Joint Committee on Cooperation

Finance Materials 23 June 2020 13:25 (UTC +04:00)
Turkmenistan, UAE to hold meeting of Joint Committee on Cooperation

BAKU, Azerbaijan, June 23

By Jeila Aliyeva - Trend:

Turkmenistan and the the UAE have scheduled preliminary date for the meeting of the Joint Committee on Cooperation, Trend reports with reference to the Ministry of Foreign Affairs of Turkmenistan.

This was discussed during a videoconference between Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Minister of Foreign Affairs and International Cooperation of the UAE Abdullah bin Zayed Al Nahyan on June 22, 2020.

The parties noted intention to develop trade and economic cooperation, as well as trade turnover between the countries. In terms of partnership, the ministers praised the high level of partnership in the political, diplomatic, trade, economic, cultural and humanitarian fields.

The participants also highlighted the countries’ fruitful cooperation within the framework of international organizations, in particular within the United Nations (UN).

The parties also considered the situation worldwide, caused by the COVID-19 pandemic. The diplomats stressed the need to combine efforts between the scientific centers of the two countries, as well as to attract the tools of scientific diplomacy, the report says.

Earlier, Turkmenistan and the UAE discussed issues related to investment activities. Also, the parties considered the start of cooperation in trade and economic, fuel and energy, transport and communication, banking and financial sectors, as well as in the cultural and humanitarian field.

In terms of UAE's investment to Turkmenistan, earlier, a meeting of representatives of Turkmenistan and Abu Dhabi Fund for Development (ADFD) noted the importance of enhancing cooperation on attracting investment in the country's oil and gas projects.

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