Turkmenistan and Saudi Arabia Strengthen Economic Ties
14:44 10.01.2025 4152
Prospects for expanding bilateral cooperation in various economic sectors, including energy, infrastructure and investment, were discussed in Ashgabat at a meeting of the management of the State Bank for Foreign Economic Affairs of Turkmenistan with a delegation of the Saudi Fund for Development headed by Chief Executive Officer Sultan Abdulrahman Al-Mashrad.
Particular attention during the talks was paid to the implementation of joint projects aimed at the socio-economic development of Turkmenistan.
As a result of the meeting, important documents were signed that are designed to strengthen economic ties between the two countries. The signed agreements provide for the provision of new credit lines and financial support to Turkmenistan for the implementation of large-scale infrastructure projects.
The visit of the delegation of the Saudi Fund for Development to Turkmenistan was another confirmation of the high level of bilateral relations and the desire of the two countries to further deepen cooperation, the International Information Center of Turkmenistan notes.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Turkmenistan started exporting gasoline A-98 of EURO-5 and EURO-6 standards
Turkmenistan has started exporting A-98 gasoline of EURO-5 and EURO-6 standards, the first batches were sold to entrepreneurs from the United Arab Emirates and Afghanistan.