Turkmenistan ready to increase fuel energy supplies to Ukraine

Turkmenistan ready to increase fuel energy supplies to Ukraine

Ashgabat, Turkmenistan, Oct. 29

By Huseyn Hasanov- Trend:

Turkmenistan is ready to increase supplies of the domestic fuel and energy sector products to Ukraine, implement joint cooperation projects in this area, the President of Turkmenistan Gurbanguly Berdimuhammadov said after talks with his Ukrainian counterpart Petro Poroshenko Oct.29, said the message of the government.

The Turkmen president mentioned the fuel and energy sector among the important areas of partnership.

Speaking about trade and economic bilateral relations, President Gurbanguly Berdimuhammadov also noted the long-term cooperation with Ukrainian companies working in the country in the construction of urban and transport infrastructure in other sectors of the economy.

Today, 29 enterprises with participation of Ukrainian capital have been registered in Turkmenistan, more than 80 investment projects worth a total value of almost $3.5 billion are being implemented.

Another strategic direction of cooperation is the transport sector.

At present, Turkmenistan, together with partners creates an extensive network of transport, transit and logistics infrastructure of the combined type on East-West and North-South directions. In the future it will include transit transcontinental corridors to regions of the Caspian Sea, the Black Sea, the Mediterranean, the Baltic States. This opens the optimal path to the European and Middle Eastern markets.

Ukraine, which has a powerful seaport infrastructure and advantageous geographical location, can play an important role in the implementation of these plans, the president of Turkmenistan said.

Berdimuhammadov expressed confidence that great opportunities of interaction open for Turkmenistan and Ukraine in the context of cooperation of the Caspian and Black Sea regions.

He suggested in this regard to consider the joint development of proposals for the development of transport infrastructure for the discussion in the specialized international organizations, in particular, in the UN European Economic Commission.

Edited by CN

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