Turkmen president calls on local business to create joint ventures
Ashgabat, Turkmenistan, Apr. 19
By Huseyn Hasanov- Trend:
A two-day International Conference of Entrepreneurs that will be attended by representatives of 29 countries has begun its work Apr. 19 in Turkmenistan's Avaza national tourist zone.
Turkmenistan's President Gurbanguly Berdimuhamedov addressed the participants, saying the conference that the creation of joint enterprises with foreign partners and the assimilation of the best practices is one of the major tasks.
The state provides a favorable legal basis, creates other necessary conditions and provides the private sector with permanent support for its effective operation, the president said.
About 162 representatives of international organizations and companies were registered for participation in the conference. Turkmenistan will be represented by 165 members of the country's Union of Industrialists and Entrepreneurs, managers and specialists of ministries and departments, and by the spheres of trade, transport, banking and insurance, construction and tourism.
The prospects for cooperation in the development of Turkmenistan's transit routes, transport infrastructure and logistics are on the agenda.
Currently, the private sector's share in the country's GDP is 62.3 percent. A number of export goods produced by local private entrepreneurs will be exempt from customs duties since May 1, 2016, according to the Turkmen president's order.
Edited by SI