BAKU, Azerbaijan, February 25
By Jeila Aliyeva - Trend:
Ukrainian companies are interested in creating a logistics center on the territory of Turkmenistan’s Turkmenbashi International Seaport, Trend reports with reference to Turkmenistan’s State News Agency.
This was stated during a video conference between the Ministry of Finance and Economy of Turkmenistan and the Ministry of Economic Development, Trade and Agriculture of Ukraine.
The purpose of creating a logistics center is to export Ukrainian goods to Turkmenistan and other countries in the region, as well as import Turkmen goods to Ukraine.
According to the report, representatives of the agency "Türkmendeńizderýaýollary" (Turkmen Sea and River Transportation) of Turkmenistan also stated that they are ready for mutually beneficial cooperation with the Ukrainian side.
The Turkmen side also spoke about the possibilities of the Balkan shipyard and plans for the development of shipbuilding until 2025, and also invited the Ukrainian side to cooperate in the field of ship repair and shipbuilding.
The Ukrainian side was also informed about the compliance of the Turkmenbashi International Seaport with the requirements of the multimodal transport system and about the ongoing work on the digitalization of the port.
In general, the purpose of the video conference was to intensify trade and economic cooperation between Turkmenistan and Ukraine and to familiarize Ukrainian state-owned enterprises and entrepreneurs with the practical and technical capabilities of the logistics center in the International Seaport of Turkmenbashi.
As earlier MFA of Ukraine told Trend, According to the State Statistics Service of Ukraine, for 9 months of 2020, which is available up to date, the foreign trade turnover of goods with Turkmenistan amounted to $51 million.
Export of goods amounted to $36.2 million, and import - $14.8 million. The positive balance for Ukraine is $21.4 million.
“The main items of export of goods to Turkmenistan for 9 months of 2020 were ferrous metal products (29.1 percent in the structure, amounted to $ 10.5 million); nuclear reactors, boilers, machines (10.7 percent in the structure, amounted to $ 3,9 million); pharmaceutical products (9 percent in the structure, amounted to $3.3 million); railway locomotives (6.8 percent in the structure, amounted to $ 2.5 million); milk and dairy products, poultry eggs, honey (5.3 percent in structure, amounted to $2 million); finished grain products (5.1 percent in the structure, amounted to $ 1.9 million),” said the ministry.
According to the Ukrainian MFA, the main items of imports of goods from Turkmenistan for the same period in 2020 were mineral fuels, oil, and its products of distillation (54.3 percent in the structure, amounted to $8.04 million); plastics, polymeric materials (13.8 percent in structure, amounted to $2.05 million); cotton (8.4 percent in the structure, amounted to $1.2 million).
“In 2020, despite the problems caused by the global pandemic, Ukraine has managed to maintain positive dynamics of bilateral trade in goods, in particular, the positive balance for Ukraine increased by 68.2 percent ($21.4 million). Export of meat and other food products from Ukraine also increased (amounted to $3.6 million),” concluded the ministry.
Follow the author on Twitter: @JeilaAliyeva