Turkmenistan and the Republic of Korea signed the Intergovernmental Agreement on Trade and Economic Cooperation
12:18 02.11.2023 5541
Intergovernmental Agreement on Trade and Economic Cooperation of Turkmenistan and the Republic of Korea signed following the meeting of the Minister of Foreign Affairs of Rashid Meredov with Korean Foreign Minister Pak Jin, who is in Ashgabat on an official visit. This is reported in the information posted on the website of the Foreign Ministry of Turkmenistan.
The cooperation program between the Ministries of Foreign Affairs of the two countries for 2024-2025 and two Memorandums on Health Co-operation were also signed.
During the meeting, the heads of the foreign policy departments of the two states discussed the issues of interaction on a wide range of bilateral cooperation. The interlocutors noted that Turkmenistan and the Republic of Korea attach special importance to the further development of the Turkmen-Korean partnership.
At the same time, the development of contacts at the highest level plays a special role in the expansion and strengthening of bilateral ties. In the process of negotiations, it was emphasized that the economic partnership between Turkmenistan and the Republic of Korea is strategic, sustainable and long-term. In this regard, an exchange of views took place on the priority areas of trade and economic interaction.
Among other things, projects were discussed for the creation of an industrial cluster of the city of Arkadag, the construction of gas chemical plants, the purchase of electric vehicles and electric buses, investment in the introduction of the latest digital and information and communication technologies and other technologies in the construction of smart cities, the use of methods and technologies for sea water desalination and innovations in the rational use of water resources, diversification of financing, studying the Korean experience in green and hydrogen energy, creating modern high-tech industries focused on the production of competitive products.
As an effective tool for expanding trade and economic ties between the two countries, the activities of the Intergovernmental Turkmen-Korean Commission on Trade, Economic, Scientific and Technological Cooperation were noted.
Fuel and energy complex products were sold at the exchange auctions to the external and domestic markets
17 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Foreign and domestic companies actively purchased fuel and energy products at exchange trades
34 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
The President of Turkmenistan noted the importance of further increasing natural gas production volumes
On May 31, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which topical issues in the life of the country were discussed.
The President of Turkmenistan led a mass bike ride in Ashgabat
President of Turkmenistan Serdar Berdimuhamedov led a mass bike ride that took place on Monday in Ashgabat to celebrate World Bicycle Day.
Turkmenistan and Afghanistan ready to step up the construction of the TAPI gas pipeline
Representatives of the governments of Turkmenistan and Afghanistan expressed their readiness to continue cooperation in the construction of the TAPI gas pipeline and other infrastructure projects, the website of the Foreign Ministry of Turkmenistan reports.