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Turkmenistan and Romania study Black Sea – Caspian transport corridor potential

Turkmenistan Materials 17 April 2014 19:37 (UTC +04:00)

Ashgabat, Turkmenistan, April 17
By Huseyn Hasanov- Trend:

Turkmen government delegation is on visit to Romania to participate in the meeting of the working group on cooperation in the transport sector.

"The exchange of views was held on the implementation of specific development issues of transport links and corridors from Central Asia to Europe," the government report said.
The delegation visited the Constanta port in Romania.

Earlier it was reported that the two countries agreed on the establishment of a joint working group to study the best ways of trade and transport corridor Black Sea - Caspian Sea with the use of Constanta and Turkmenbashi ports` advantages.

The matter is the formation of the a new Eurasian transport corridor. In particular, State Service of Maritime and River Transport of Turkmenistan is exploring the possibility of cargo transportation including liquefied natural gas to Constanta. The supply route envisages the use of special containers and runs across the Caspian to Baku (Azerbaijan), then by railway to Batumi or Poti (Georgia, the Black Sea region) and from there by sea to Romania.

The Turkmen government has also said that during a visit to Bucharest, political consultations and exchange of views on the state of trade and economic cooperation was held.

Meanwhile, the Turkmen Foreign Ministry representatives were received by the Romanian Foreign Minister Titus Corlatean and Romanian presidential adviser on international security issues and strategies of Julian Cephas.

Following the high-level talks, the two countries signed a package of agreements: Memorandum of Understanding between Turkmen Finance Ministry and Romanian National Office for the Prevention and Control of Money Laundering on cooperation in the exchange of financial information related to money laundering and financing of terrorism, and a memorandum of understanding on cooperation in the field of transport.

Translated by S.I.
Edited by C.N.

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