Turkmenistan, China expand economic cooperation

Turkmenistan, China expand economic cooperation

Turkmenistan and China intend to expand their economic ties and launch new joint projects. These issues are being discussed at a bilateral business forum in Shanghai, attended by representatives of government agencies and business communities from both countries. Following the talks, a number of cooperation agreements are expected to be signed. During the meetings, the parties are discussing the development of the oil and gas sector, construction, and transport potential. The focus is also on water-saving technologies and other innovative solutions for agriculture. Meanwhile, Turkmenistan is showcasing its economic potential at the China International Import Expo. The national pavilion features products and investment projects presented by Turkmen companies.

«The exhibition was established to strengthen economic and technical cooperation with countries across the Eurasian region, primarily those in Central Asia. To date, we have successfully held nine editions of the China-Eurasia Expo. The agreement we signed with the Chamber of Commerce and Industry of Turkmenistan will enable even more Chinese companies to enter the Turkmen market. At the same time, we hope to attract Turkmen companies to China to develop cooperation in the fields of industry and high technology,» noted Xu Yeping, Secretary General, Party Secretary, Deputy Director General.

«I’ve been very impressed with the selections of goods and the way it is displayed. It showcases the capacity and the modern approach from Turkmenistan about what Turkmenistan offers to the world. So, I’m very grateful to have been able to see this stand and to see the variety of offers that Turkmenistan can provide,» said Torben Soll, Deputy Director, UNDP’s Office of Procurement.