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Turkmenistan, Malaysia to discuss expansion of bilateral relations in various fields

Turkmenistan Materials 8 June 2014 11:44 (UTC +04:00)
A package of new documents is expected to be signed as part of Malaysian Prime Minister Najib Tun Razak’s official visit to Turkmenistan scheduled for June 9-11, the Turkmen government of said on June 7.
Turkmenistan, Malaysia to discuss expansion of bilateral relations in various fields

Ashgabat, Turkmenistan, June 8
By Huseyn Hasanov- Trend:

A package of new documents is expected to be signed as part of Malaysian Prime Minister Najib Tun Razak's official visit to Turkmenistan scheduled for June 9-11, the Turkmen government of said on June 7.

The preparation of Najib Tun Razak's visit was discussed in Turkmenistan at a government meeting. Turkmen President Gurbanguly Berdimuhamedov said that Turkmenistan attaches great importance to further strengthening of fruitful cooperation with the countries of South-East Asia and the Asia-Pacific region, including Malaysia, which is now one of the fastest growing countries in the world.

The Turkmen president stressed the broad opportunities for further development and diversification of effective cooperation between the two countries in various fields, namely, in the economic sphere, the fuel-energy complex and other sectors of the economy, according to the report.

The diplomatic relations between Turkmenistan and Malaysia were established in 1992. During this period, the legal framework of cooperation included 15 bilateral documents.

The key areas of mutual interests include trade-economic and energy spheres.

Turkmenistan's interest in Malaysia is primarily connected with the activity of the state oil and gas company Petronas Charigali, operating in the Turkmen sector of the Caspian Sea since 1996.

The company has started commercial production and export of oil in Turkmenistan in May 2006. The raw materials are transported through Azerbaijan. The company has been recently engaged in natural gas production. It is possible to transport it via the traditional route to Russia, as well as via a projected route - to Europe via the Caspian Sea and Azerbaijan.

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