Turkmenistan and the UAE signed agreements in the field of investments, ports and energy
16:53 11.10.2021 7552
Turkmenistan and the UAE signed a number of agreements and memorandums in the field of investments, ports and energy. The signing ceremony took place after the meeting of President of Turkmenistan Gurbanguly Berdimuhamedov with Deputy Prime Minister, Minister for Presidential Affairs of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan at the headquarters of Expo 2020 Dubai.
Sheikh Mansour bin Zayed Al Nahyan praised the signing of bilateral documents, stressing the importance of expanding the opportunities for partnership between the UAE and Turkmenistan.
During the meeting, the state of relations between the two countries was considered, as well as a number of other issues of mutual interest.
The package of documents signed includes a memorandum of understanding in the field of port operations and logistics between one of the world's largest port operators DP World (Dubai Port World) and the international seaport of Turkmenbashi.
A loan agreement was also signed between the government of Turkmenistan and the Abu Dhabi Development Fund to finance a project to create a chemical plant for the production of mineral fertilizers in the city of Turkmenabat.
An agreement was signed on the establishment of a joint investment company in Turkmenistan between the Abu Dhabi Development Fund and the State Bank for Foreign Economic Affairs of Turkmenistan. Vneshekonobank also signed a Memorandum of Understanding with the Dubai Economic Development Department.
The Memorandum of Understanding was signed between the State Electric Power Corporation «Turkmenenergo» and Abu Dhabi Future Energy Company PJSC – Masdar.
Another memorandum was signed between the government of Turkmenistan and Nasdag Dubai Limited.
Gurbanguly Berdimuhamedov left an entry in the book of honorary visitors of Expo 2020 Dubai, in which he expressed his satisfaction with the participation of Turkmenistan in this global event, stressing the strength of relations between Turkmenistan and the UAE and readiness to bring them to broader horizons.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
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.
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.
UAE President invited to Ashgabat for International Forum of Peace and Trust
Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov extended an invitation to UAE President Sheikh Mohammed bin Zayed Al Nahyan to attend the International Forum of Peace and Trust, which will be held on December 12 in Ashgabat, TDH reports.
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.