Turkmenistan, Germany to sign some documents

Turkmenistan Materials 27 August 2016 15:42 (UTC +04:00)

Ashgabat, Turkmenistan, August 27

By Huseyn Hasanov– Trend:

Turkmen President Gurbanguly Berdimuhamedov intends to pay a working visit to Germany August 29-30, the Turkmen government said Aug. 27.

According to the message, several documents are planned to be signed as part of the visit.

The diplomatic relations between Turkmenistan and Germany were established in 1992.

The legal framework, including 33 international documents, has been formed over the years, the message said.

According to the message, President Berdimuhamedov paid his first visit to Germany in November 2008.

At present, Turkmenistan and Germany successfully cooperate both bilaterally and as part of the authoritative international organizations, primarily the UN and the OSCE, the message said.

The trade turnover has recently increased by 11 percent between the two countries.

Turkmenistan is interested in drawing Germany’s huge capital and advanced technology.

The sides regularly hold joint business forums, which bring together representatives of the companies specializing in trade, energy, chemical industry, banking, transport, communication, construction, industry and agriculture.

Among the companies are RWE, Bosch, KNAUF International, STRABAG AG, CLAAS Global Sales GmbH, Siemens AG Healthcare Sector, Goetzpartners Management Consultans GmbH and others.

The Turkmen government has established cooperation with RWE, by signing a production sharing agreement (PSA) in the development of offshore fields in the Turkmen sector of the Caspian Sea in 2009.