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Turkmenistan, Russia sign major contracts within business forum

Turkmenistan Materials 20 January 2023 17:11 (UTC +04:00)
Turkmenistan, Russia sign major contracts within business forum
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, January 20. Turkmen and Russian companies signed contracts worth 150 billion Russian rubles ($2.17 billion) within the framework of the Turkmen-Russian business forum held in Ashgabat, Trend reports with reference to the Turkmen media.

This was stated by Deputy Minister of Economic Development of the Russian Federation Dmitry Volvach on the sidelines of the forum.

According to him, Turkmenistan is a reliable partner for Russia in the field of industrial cooperation and entrepreneurs of the two countries are ready to develop new projects.

Volvach stressed that at the moment more than 20 investment projects with Russian participation in the amount of $3.5 billion are being implemented in Turkmenistan, and also added that new projects in the field of transport, construction, shipbuilding, pharmaceuticals, geological exploration, and oil and gas industry are being prepared for launch.

Meanwhile, the forum's panel sessions are devoted to cooperation in the field of transport and logistics, industry, education, digital technologies and other areas of cooperation between the two countries.

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