BAKU, Azerbaijan, June 10
By Jeila Aliyeva - Trend:
Cooperation between Turkmenistan and the United Nations Conference on Trade and Development (UNCTAD) may include promotion of investments into the country, modernization of transport and trade logistics, and as well as assessment of requirements for WTO accession, UNCTAD’s economist Dmitry Godunov told Trend.
“Turkmenistan supports the strategic collaboration with the UN institutions. In 2017 UNCTAD and Turkmenistan signed the framework Memorandum on Cooperation” he clarified.
In addition he said that in 2020 UNCTAD, UNDP and Turkmenistan signed the trilateral MoU on the Single Window implementation.
As earlier UNCTAD told Trend, given the close economic ties that Turkmenistan has with its region, UNCTAD expects a similar level of investment in the country as in the region.
There is no information available for the amount of planned investment in Turkmenistan for this year, UNCTAD noted adding that uncertainties about forecasting are huge this year.
However, UNCTAD expects decline in the foreign direct investment (FDI) inflows of transition economies.
The investment policy carried out by Turkmenistan creates new work places and allows to improve the living conditions of Turkmenistan’s citizens.
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