Turkmen-Japanese Committee on economic cooperation to discuss prospects of cooperation

The next meeting of the Turkmen-Japanese Committee on economic cooperation will be held on may 23 in Ashgabat. A wide range of issues of bilateral cooperation will be put on its agenda. This was announced at the government meeting on Friday, Vice Prime Minister, foreign Minister Rashid Meredov.

During the meeting of the Committee, it is planned to discuss specific measures to enhance interstate trade and economic relations, including the prospects for establishing direct business contacts, creating joint ventures in various fields, expanding export-import operations, increasing the volume of trade, as well as to work out relevant proposals.

Issues related to the participation of Japanese companies in major projects in the oil and gas and chemical industries, planned for implementation in Turkmenistan, with the study of new opportunities for cooperation will also be discussed.

The subject of detailed discussion will be the prospects of cooperation in the construction industry, transport and communications and logistics sector, and in particular, in the railway industry, as well as in the supply of Japanese automobiles and the opening of service centers in the country.

In preparation for the meeting, a number of draft documents on the above-mentioned areas are being developed.

At the meeting, following which it is planned to sign the relevant Protocol, the possibilities of increasing cooperation and the introduction of advanced technologies in health care, agriculture, science, education and tourism will be considered.

It is also planned to organize a number of bilateral meetings.

In this regard, President Gurbanguly Berdimuhamedov stressed that the further development of multifaceted cooperation with Japan is one of the priority vectors in the context of strengthening constructive dialogue with the countries of the Asia-Pacific region.

Speaking about this, the head of state pointed to the need for active involvement of the existing huge potential of mutually beneficial Turkmen-Japanese cooperation in the trade and economic sphere, including in the industrial sector, through investment activities.

Noting that Turkmenistan's policy on industrialization is focused on the creation of high-tech industries operating on the basis of advanced high-efficiency and environmentally friendly technologies, the head of state called for further study of the experience of Japanese partners in this direction.

- Today, there are great opportunities for successful efforts in the implementation of new joint projects in various sectors, diversification of productive business contacts, the President said, noting that the mutual interest of the parties, supported by specific proposals, and the existing solid legal framework create a reliable platform for building long-term interstate partnership.

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