Turkmenistan broadens cooperation with European businesses

ASHGABAT, Turkmenistan, March 20. Turkmenistan
discussed with representatives of the European business community
ways to develop economic partnership, Trend reports.

According to an official source, Deputy Chairman of the Cabinet
of Ministers, Minister of Foreign Affairs of Turkmenistan Rashid
Meredov, and Director General of the Agency for Transport and
Communications under the Cabinet of Ministers of Turkmenistan
Mammetkhan Chakiyev held a number of separate meetings with
European organizations and companies during a working visit to
Brussels.

The Turkmen Foreign Minister met with the heads of the
Organization for Economic Cooperation and Development (OECD), the
Walloon Export and Investment Agency, as well as the vice
presidents of Philips and Picanol companies.

At the same time, Mammetkhan Chakiyev discussed issues of
cooperation with the heads of the Port of Antwerp and the companies
Cargolux, Exagon Global BV, Royal IHC, as well as DEME.

During the meetings, attention was focused on expanding existing
cooperation, supplying equipment for various sectors of
Turkmenistan, exploring potential projects, digitalization, using
modern technologies, developing entrepreneurship, and investment
activity.

The prospects of opening service centers for European companies
in Turkmenistan were discussed in order to strengthen further
cooperation and improve the maintenance of supplied equipment.

Both sides emphasized throughout the talks how crucial business
and organizational experience is to the growth of entrepreneurship
and how it helps Turkmenistan’s transformation process.

Meanwhile, the development of cooperation between Turkmenistan
and European companies is gaining strategic importance in the
context of the exchange of experience and technologies that
contribute to the sustainable development of both sides.

Supporting innovation and creating a favorable investment
environment opens up new prospects for economic growth and
diversity in the region.

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