Turkmen president to make first visit to Moscow

( RIA Novosti ) - Turkmen President Gurbanguly Berdymukhammedov is to arrive on a working visit to Moscow, the Russian presidential press service said Monday.

The presidents of Turkmenistan and Russia are expected to discuss key issues in bilateral cooperation and coordinate approaches to a number of international and regional problems that concern the two countries.

A Kremlin administration spokesman said, "During negotiations the heads of state will focus on measures to enhance economic cooperation," adding that they would also consider cooperation in the humanitarian sphere and exchange ideas on international issues, the situation in Central Asia and problems related to the Caspian Sea status.

Sources in Ashgabat expect the upcoming top level negotiations in Moscow "to open a new page in the history of bilateral relations, based on a solid legal basis and a number of fundamental agreements," especially the 2002 Friendship and Cooperation Agreement and the 2003 agreement on Turkmen natural gas supplies to Russia for 25 years. Last year Russia bought 41 billion cubic meters of gas from Turkmenistan.

Turkmenistan possesses the world's fifth-largest reserves of natural gas and substantial oil resources. On September 5, 2006, after Turkmenistan threatened to cut off supplies, Russia agreed to raise the price it pays for Turkmen natural gas from $65 to $100 per 1,000 cubic meters. Two-thirds of Turkmen gas goes through Russian energy giant Gazprom.

A source said: "LUKoil, Zarubezhneft, Itera, Stroytransgaz, Soyuzneftegaz have plans to implement promising projects in Turkmenistan." A number of Russia's large companies, such as Power Machines, Vyborg Ship Building Plant, Zvezda-Energetika, tractor plants in Cheboksary and Chelyabinsk, Volgaburmash, Kamaz and AFK Sistema are active in the Turkmen market.

The Kremlin source said the Russian-Turkmen Intergovernmental Commission on Economic Cooperation played a key role in coordinating bilateral economic ties. Later this year the commission, which is co-chaired by Russian Deputy Prime Minister Sergei Naryshkin and Turkmen Foreign Minister Rashid Meredov, will hold its second meeting.

The two countries' trade in 2006 amounted to $307.5 million, against $300.7 million in 2005. Russian exports accounted for $228.6 million and imports stood at $78.9 million, as compared to $223.5 million and $77.2 million, respectively. In the first two months of 2007 bilateral trade reached $45.7 million.

Regional experts said political and business contacts between Turkmenistan and Russia had lately increased several times against earlier bilateral cooperation, which suggests that the two countries will develop promising long-term partnerships.

At a Thursday meeting with co-owners of AFK Sistema in Ashgabat, Berdymukhammedov invited the Russian leading consumer services firm, which owns a number of oil producing and refining assets in Bashkortostan, to develop oil and gas deposits at offshore sites on the Caspian Sea.

Russia will be the second foreign destination after Saudi Arabia and the first CIS country on the new Turkmen leader's itinerary. Berdymukhammedov assumed power on February 11, 2007 in the first multiple-candidate elections in Turkmen history, following the 21-year rule of Saparmurat Niyazov the country's first president.

Since the inauguration of the new Turkmen leader several Russian delegations have visited Turkmenistan. An agreement was reached to diversify bilateral relations between Russia and Turkmenistan during Russian Primer Mikhail Fradkov's visit to the country. In early April Russian Foreign Minister Sergei Lavrov held negotiations with the Turkmen leader and his counterpart in Ashgabat, during which Berdymukhammedov confirmed his adherence to energy cooperation and partnership diversification with Russia.

Subscribe to Trend in Google News! Subscribe
Azerbaijan, Georgia to conduct joint tourist trips
Azerbaijan, Georgia to conduct joint tourist trips
Georgia, Azerbaijan discuss attracting tourists to South Caucasus
Georgia, Azerbaijan discuss attracting tourists to South Caucasus
Iran discloses data on tourists visiting country
Iran discloses data on tourists visiting country
Loading Bars
Share of electricity in Azerbaijan’s total exports down
Siraf Pars Port in Iran becomes country's major liquid gas exporter
Global food prices rise to highest level over past decade - FAO (Exclusive)
Decree regulating process of charity on part of big business to be issues in Kazakhstan
French 2021 economic growth strongest in 52 years at 7%
Kazakh-Russian copper deposit dev't project approved by Russia's Main Department of State Expertise
Azerbaijan reveals petroleum coke, oil bitumen exports
Buta Airways to resume flights to Mineralnye Vody in February
Turkmenistan sees decline in trade turnover with Azerbaijan
We'll return to issue of expediency of my further chairmanship in Nur Otan after some time - Tokayev
Representative body of Kazakhstan's Nur Otan party updated by 55%
Azerbaijan unveils volume of transactions via Apple Pay
Public councils created under Nur Otan party should become effective platform - Tokayev
Azerbaijani Central Bank not planning to create new legislative base to regulate digital banks
Central Bank discloses Azerbaijan's possible current account balance in 2022
Potential of Nur Otan party wasn't fully utilized at critical moment - Tokayev
Currency rate of Azerbaijani manat to be stable in 2022 - CBA
Military reforms, increasing of combat capability of troops to be priority in 2022 – Azerbaijani defense minister
Dariga Nazarbayeva resigned from Kazakhstan Nur Otan party
Azerbaijan reveals Top 10 oil importers
Azerbaijani CBA forecasts increase in demand for foreign currency
Rothschild & Co eyes creation of special financial zones in Georgia
Azerbaijan increases share of natural gas in exports
Annual inflation to be above target range in Azerbaijan - CBA
Nur Otan Party needs to renew itself - Tokayev
Turkmen enterprise eyes to expand tomato production
Non-OPEC won’t return to pre-COVID levels of oil output
Azerbaijan defense minister expresses condolences to Pakistan
Additional barrels from OPEC+ back to market in 2022 to be less than headline figure
Azerbaijan continues restoration and construction work on its liberated lands
Kazakh president elected chairman of Nur Otan Party
Azerbaijani President Ilham Aliyev awards WCO Sec-Gen with 'Dostlug' order
Global oil demand to surpass pre-pandemic levels this year
Uzbekistan plans to implement new projects jointly with AIIB
After 20 years, privatisation programme in India off to 'Maharaja' start
Armenian troops open fire at Azerbaijani positions in direction of Tovuz district
No talks on currency swap deal between Azerbaijani, Turkish central banks - chairman
Azerbaijan reveals inflation rate for 2021
Buta Airways to start operating flights to Kharkiv in May and increase number of flights to Kiev
Georgia’s Rural Development Agency talks co-op with international agencies in 2022 (Exclusive)
Eni to develop innovative technology for use of CO2
New opportunities for cooperation arose in region after end of conflict between Armenia and Azerbaijan – President Ilham Aliyev
Azerbaijan developing mechanisms for financing business in liberated lands
Uzbekistan sees increase in volume of car exports
Central Bank of Azerbaijan increases interest rate
Integration of arable land at Azerbaijani liberated territories into national crop rotation to improve food security - FAO (Exclusive)
Ukrainian Ministry of Economy discloses trade turnover data with Azerbaijan
Azerbaijan Entrepreneurship Dev't Fund talks soft loans for 2022
Bank of Georgia allocates funds for local solar power plant construction
Turkmen agriculture ministry opens tender to purchase plant protection chemicals
Uzbekistan to reduce methane emissions
Azerbaijan eyes turning local payment system into neo-bank
Uzbekneftegaz JSC, Tatneft PJSC discuss implementation of investment projects
Azerbaijan Entrepreneurship Development Fund unveils volume of soft loans issued in 2021
Georgia shares data on number of plastic cards in circulation
Azerbaijani oil prices down
Kazakh-Chinese oil company extends tender to buy spares for pumps
Azerbaijani doctor discloses most effective way to protect against omicron variant of COVID-19
TCS world's second most valuable IT brand, Infy fastest growing
Azerbaijani President Ilham Aliyev holds videoconference meeting with WCO Sec-Gen (PHOTO/VIDEO)
Uzbekistan establishes export of agricultural products to Latvia
Swiss train manufacturer eyes building factory in Georgia
Azerbaijan launches Tableau program for analyzing indicators of import, export operations
Azerbaijan preparing action plan within "Peace for Culture" initiative - ministry
Turkmenistan proposes to include Turkmenbashi Port in INSTC
Azerbaijan, Georgia to conduct joint tourist trips
Robinhood posts $423 mln net loss, shares sink after hours
MOEX index up 1.23% at trade start
Toyota remains world's biggest car seller, widens lead on VW
Azerbaijani currency rates for January 28
Germany’s RBC Consulting eyes expanding co-op with Azerbaijani companies
Oil heads for sixth weekly gain amid supply concerns
India's gold demand to keep rising after big jump in 2021: WGC
Number of cyberattacks on Azerbaijani companies tripled in 2021 - Span Azerbaijan
Kyrgyzstan reports about 11 servicemen injured as result of conflict on border with Tajikistan
Australia drugs regulator approves COVID-19 boosters for 16- and 17-year-olds
We will solve everything through negotiations, peacefully - Kyrgyz president about conflict on border with Tajikistan
Croatian companies preliminary talks on investment opportunities in Azerbaijani liberated territories - ambassador (Interview) (PHOTO)
Iranian National Soccer Team wins its way into World Cup
Situation on Kyrgyz-Tajik section of state border is stable
Three more citizens of Kyrgyzstan injured as result of conflict on border
Turkey's daily COVID-19 caseload hits new high of 82,180
3 police officers shot in U.S. Houston, suspect at large
Brazil's top court subpoenas Bolsonaro in leaked documents case
Morocco extends health emergency state until Feb. 28
Kyrgyzstan and Tajikistan agree on ceasefire and military withdrawal from border
N.Korea confirms latest weapons tests
Kyrgyzstan evacuates 1,470 residents from villages bordering Tajikistan
Jordan says 27 drug smugglers killed at border with Syria
Turkish 'kindness train' departs for Afghanistan with 748 tons of aid
Representatives of Kyrgyzstan and Tajikistan hold meeting on incident at border
EMA conditionally approves Pfizer's COVID-19 pill
Georgia – Uzbekistan trade turnover up
Tajikistan reports civilian casualties as result of incident on the border
Kyrgyz Border Service: Tajik side again violated bilateral ceasefire agreements
Tajik side does not cease fire and continues to pull up military equipment, personnel
Turkey calls for thaw in Ukraine - Russia tensions
Civil protection services of Kyrgyzstan transferred to emergency mode
Tajikistan pulls heavy equipment to the border - State Committee for National Security of Kyrgyzstan
Five Tajik citizens injured in conflict on border with Kyrgyzstan
All news