Trade turnover between Turkmenistan and Uzbekistan has tripled over the past few years
15:25 05.10.2021 5347
(Photo: Sputnik Uzbekistan)
Trade turnover between Turkmenistan and Uzbekistan has tripled over the past few years, Minister of Investment and Foreign Trade of the Republic Sardor Umurzakov said at the Turkmen-Uzbek Economic Forum on Monday, Sputnik Uzbekistan news agency reported.
It was also noted that for eight months of this year, trade between neighboring states increased by 25% and amounted to USD 418.1 million.
During the meeting, Umurzakov said that this year Uzbekistan became the beneficiary of the EU's GSP+ system of preferences, which allows importing more than 6 thousand different types of goods to Europe duty-free. As he mentioned, entrepreneurs of the two countries can jointly use this opportunity to jointly develop industry and exports.
According to statistics, in 2020 the trade turnover between the two countries amounted to 527 million USD.
Within the framework of the Ashgabat agreement, both countries participate in the creation of sub-regional transport corridors Russia-Kazakhstan-Uzbekistan-Turkmenistan-Iran-Oman-India and China-Central Asia-Caspian-South Caucasus-Europe, which allows direct access to foreign markets.
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.
President of Turkmenistan holds meeting with Petronas management
President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector
Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.
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.
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.