Turkmenistan, Kyrgyzstan interested in expanding trade, economic co-op

Turkmenistan Materials 17 July 2020 12:01 (UTC +04:00)
Turkmenistan, Kyrgyzstan interested in expanding trade, economic co-op

BAKU, Azerbaijan, July 17

By Jeila Aliyeva - Trend:

Turkmenistan and Kyrgyzstan are interested in expanding trade and economic cooperation, Trend reports with reference to the Ministry of Foreign Affairs of Turkmenistan.

The issue was touched upon during a phone conversation between Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Minister of Foreign Affairs of Kyrgyzstan Chingiz Aidarbekov.

The parties confirmed their mutual interest in developing political and diplomatic dialogue, strengthening trade, economic, cultural and humanitarian cooperation.

In addition, the parties confirmed the need to continue cooperation in maintaining development in the region, ensuring stability and security.

In particular, the participants stressed the need for joint actions to counter the coronavirus pandemic.

Previously, the leadership of the Union of Industrialists and entrepreneurs of Turkmenistan and Kyrgyzstan considered proposals to stimulate entrepreneurship and investment cooperation.

In the first seven months of 2019, the trade turnover between Kyrgyzstan and Turkmenistan amounted to $6.5 million, as entrepreneurs mainly cooperated in the trade sphere.

Tourism, transport, logistics and agriculture were also identified as promising areas of cooperation.

Turkmenistan supplies fresh tomatoes, bakery and flour products, textiles, and pipes to Kyrgyzstan. In turn, Kyrgyzstan exports lamps, plastic films and tapes, and machinery for the textile industry to Turkmenistan.