On July 28, a meeting with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso was held at the Ministry of Foreign Affairs of Turkmenistan. Following the meeting, documents on cooperation in a number of areas, including energy, were signed.

According to the Ministry of Foreign Affairs of Turkmenistan, during the meeting, the parties noted that cooperation with the EBRD continues to expand.

It was emphasized that the EBRD supports Turkmenistan’s economic diversification policy, actively supporting the development of green energy, regional connectivity and the introduction of environmentally friendly technologies.

The parties also discussed promising projects for the development of transport and logistics infrastructure and the promotion of regional transport corridors, particularly the Trans-Caspian Corridor.

At the end of the meeting, the parties reaffirmed their mutual commitment to continuing active collaboration and identifying specific steps to implement these plans.

Following the meeting, a document signing ceremony was held between the EBRD and several government agencies of Turkmenistan.

In particular, a Memorandum of Understanding was signed between the Ministry of Environment Protection of Turkmenistan, the Ministry of Energy of Turkmenistan, the Türkmengaz, Türkmennebit and Türkmenhimiya State Concerns and the European Bank for Reconstruction and Development regarding cooperation in the field of sustainable energy, environment protection and the efficient use of water resources in Turkmenistan.