Turkmenistan outlines priority areas of cooperation at the 17th ECO summit
10:54 07.07.2025 1877
A delegation from Turkmenistan headed by Foreign Minister Rashid Meredov took part in the 17th summit of the Economic Cooperation Organization (ECO) “A New Vision for ECO for a Sustainable and Climate-Resilient Future”, which was held on July 4 in Khankendi, Azerbaijan, the Ministry of Foreign Affairs of Turkmenistan reports (https://www.mfa.gov.tm/ru/news/5383).
During the event, it was noted that the summit became a high-level platform for strengthening multilateral cooperation, coordinating efforts and developing agreed decisions aimed at ensuring sustainable, inclusive and balanced development.
The head of the Ministry of Foreign Affairs of Turkmenistan, speaking at the summit, emphasized the importance of adopting a new program document, which is designed to define the goals and priorities of economic cooperation of the ECO member countries until 2035.
Turkmenistan reaffirmed its commitment to the principles of multilateral cooperation within the ECO, highlighting priority areas such as the creation of effective logistics routes, diversification of energy supply routes, development of "green" energy, elimination of barriers to trade development, attraction of investments and development of cooperation in the field of modern technologies and innovations, the Foreign Ministry said in a statement.
In this context, it was proposed to consider the possibility of creating a mechanism for coordinating the energy policy of the ECO member states to ensure reliable supplies of energy resources and strengthen the energy security of the region.
In order to further develop the transport and transit potential of the ECO, it was proposed to carry out work on further integration of transport and logistics systems.
It was also noted that it would be expedient to intensify direct contacts between business circles, including through the use of cooperation opportunities between chambers of commerce and industry.
The participants of the event noted that the results of the Summit will contribute to further deepening mutually beneficial cooperation between the ECO member states.
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation
On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.
Turkmen-American Business Forum Discusses Promising Areas of Mutually Beneficial Partnership
On December 16, the Turkmen-American Business Forum was held in the building of the Chamber of Commerce and Industry of Turkmenistan, during which issues of bilateral cooperation were discussed, and plans for the near future were outlined.
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan
Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.
Turkmenistan and Japan discussed expansion of economic cooperation
On December 16, the joint fifteenth meeting of the Turkmen-Japanese and Japanese-Turkmen Committees on Economic Cooperation was held in Ashgabat at the Yildiz Hotel.
Oil prices fall and end the week in the red, Brent - $108.84 per barrel
Oil prices fall on Friday, ending the week with a decline amid fresh signals that the US economy is slowing down and demand for energy resources may decline, Interfax reports.