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Turkmenistan, Kazakhstan discuss co-op in trade, economic sphere

Turkmenistan Materials 10 July 2020 11:34 (UTC +04:00)
Turkmenistan, Kazakhstan discuss co-op in trade, economic sphere

BAKU, Azerbaijan, July 10

By Jeila Aliyeva - Trend:

Turkmenistan and Kazakhstan discussed cooperation in trade and economic sphere, Trend reports with reference to the Ministry of Foreign Affairs of Turkmenistan.

This was stated during a telephone conversation between Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Minister of Foreign Affairs of Kazakhstan Mukhtar Tleuberdi.

The sides discussed issues of bilateral cooperation in political and diplomatic, trade and economic, transport, cultural and humanitarian fields.

The parties noted the proximity of positions and interests of Turkmenistan and Kazakhstan on a number of issues. They also considered the activation of partnership within international organizations and mutual support for the initiatives of the two countries.

In addition, the importance of strengthening mutually beneficial cooperation for the overall fight against the pandemic was emphasized.

In general, Turkmenistan and Kazakhstan are strategic partners. Ashgabat and Astana regularly discuss partnership issues in the gas sector and in the development of cross-border mineral deposits.

Kazakhstan is involved in a big project to supply the Central Asian gas to China. Since 2009, China National Petroleum Corporation has been purchasing Turkmen fuel transported through the territories of Uzbekistan and Kazakhstan.

Within the cooperation in the transport sector, the project on the construction of the Kazakhstan-Turkmenistan-Iran transnational railway was implemented in December 2014. The goods can be freely transported to the countries of the Persian Gulf, to the Indian Ocean, and transported to Europe via this trade route.

This project was implemented on the basis of an agreement signed by Turkmenistan, Iran and Kazakhstan in 2007.

The project was implemented with financial assistance from the Asian Development Bank and the Islamic Development Bank.

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