BAKU, Azerbaijan, December 25
By Jeila Aliyeva - Trend:
Turkmenistan and the European Bank for Reconstruction and Development (EBRD) considered opportunities to allocate investments and provide advisory services for private financial institutions, small enterprises, medium-sized and large domestic companies, Trend reports with reference to Turkmenistan’s State News Agency.
The discussions were held during a meeting of representatives of the EBRD and Turkmenistan.
The parties exchanged views on the prospects for building up bilateral relations, in particular, in the private sector.
EBRD will continue to work actively with the private sector of Turkmenistan to promote business development through financial and advisory services, the reports say.
The sides exchanged views on the prospects for building up bilateral relations in the light of the ongoing transformations of the national economic sector in Turkmenistan, including the further development of the private sector of the economy.
Earlier, Turkmenistan invited the European Bank for Reconstruction and Development (EBRD) to develop a roadmap that will outline areas of cooperation and expected results.
As it was reported earlier, Turkmenistan and EBRD intend to intensify cooperation in a number of areas, including projects in the field of energy, transport, development of small and medium-sized businesses, and others.
During the meeting, the parties noted the need to adapt joint activities to the current situation, including the COVID-19 pandemic
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