A proposal was put forward to establish a Business Cooperation Council of the Caspian countries
International business, financial institutions are attentive and interested in the Caspian region, understand its potential and geo-economic value, President of Turkmenistan Serdar Berdimuhamedov noted at the IV Caspian Summit, which brought together leaders of coastal states in Ashgabat on Wednesday.
There is every opportunity to provide good conditions for entrepreneurship, free it from obsolete barriers and obstacles and make the Caspian attractive for serious and long-term investments, the Turkmen leader believes. Speaking about the transport significance of the Caspian Sea, the head of state expressed the opinion that it is possible to set an ambitious but realistic goal of turning it into an integral part of the revival of the Great Silk Road.
Serdar Berdimuhamedov also touched upon the issue of industrial cooperation between the Caspian countries, which have vast natural resources, industrial and technological potential. Their unification, creation of partnership production lines, integration corridors is a hot topic of cooperation. And private business is called upon to play an important role in this. In this regard, a proposal was put forward to establish the Business Cooperation Council of the Caspian countries as an independent platform, that is, without state interference.
The possibility of desalination and water supply from the Caspian Sea to Ashgabat will be studied in Turkmenistan
President Serdar Berdimuhamedov instructed to study the possibilities of building desalination plants and supplying water from the Caspian Sea to Ashgabat.
The task was given to Deputy Prime Minister Annageldy Yazmyradov during a working meeting on the state of affairs in the agricultural sector and water issues, which the head of state held via videoconference on Wednesday.
The President also instructed to establish a government commission headed by Yazmyradov and including in its composition the leadership of the Ministry of Agriculture and Environmental Protection, the State Committee of Water Management, the Supreme Control Chamber, scientific institutions, regional administrations, etc.
Serdar Berdimuhamedov pointed out the need to check the channels of the Amu Darya, the Karakum River and other rivers for their condition and fullness in order to eliminate the factors interfering with this, to clean and concreting channels and watercourses.
A MEETING OF THE JOINT WORKING GROUP ON THE DEVELOPMENT AND APPROVAL OF AN AGREEMENT ON THE DOSTLUK FIELD IN THE CASPIAN SEA WAS HELD
Today, on January 27, the fourth meeting of the Joint Working Group was held to develop and approve an agreement between the Government of Turkmenistan and the Government of the Republic of Azerbaijan on joint exploration, elaboration and development of hydrocarbon resources of the Dostluk field in the Caspian Sea.
Members of the Working Group from the Turkmen and Azerbaijani sides attended the meeting that was held online.
During the meeting, the co-chairs of the Working Group made speeches, relevant information from the leaders of the Expert Groups was heard, and the draft protocol of the 4th meeting of the Joint Working Group was discussed.
The speakers noted with satisfaction the progress achieved in the joint work of the parties. As part of today's discussions, the parties also reached an understanding on the soonest agreement on the relevant annexes of the Joint Agreement.
Expert groups were instructed to intensify work on the preparation and approval of draft relevant documents affecting the interests of a potential contractor-investor.
Following the result of the meeting, the Protocol was signed.
MEJLIS OF TURKMENISTAN ADOPTED THE RESOLUTIONS ON JOINING A NUMBER OF INTERNATIONAL DOCUMENTS
On August 22, 2020, the tenth meeting of the Mejlis of Turkmenistan of sixth convocation took place in the format of a videoconference.
The heads of profile ministries and departments of the country, as well as the representatives of the mass media participated to the session. During the session, the drafts Resolutions of the Mejlis of Turkmenistan on adopting a number of laws and joining various important international legal documents, including the modernization of the legislative base of the country were considered.
In the framework of the meeting, the draft Resolutions of the Mejlis of Turkmenistan “On Ratification of the Amendment to the 2016 Montreal Protocol on Substances that Deplete the Ozone Layer,” “On Joining the 1999 Agreement on the Protection of Afro-Eurasian Migratory Wetland Birds,” “On Joining the 1983 Convention on the Conservation of Migratory Species of Wild Animals,” “On Ratification of the Protocol on Environmental Impact Assessment in a Transboundary Context to the 2018 Framework Convention for the Protection of the Marine Environment of the Caspian Sea,” “On Ratification of the 1975 European Agreement on Main International Traffic Arteries, on Ratification of the 1985 European Agreement on Main International Railway Lines,” “On Ratification of the 1991 European Agreement on Important International Combined Transport Lines and Related Installations,” “On Ratification of the European Agreement supplementing the 1968 Convention on Road Traffic,” “On Ratification of the European Agreement supplementing the 1968 Convention on Road Signs and Signals,” “On Ratification of the Protocol on Road Markings to the European Agreement supplementing the 1968 Convention on Road Signs and Signals,” “On Joining to the 2013 Marrakech Treaty to Facilitate Access to Published Works for Persons Who Are Blind, Visually Impaired or Otherwise Print Disabled,” “On Joining to the 1961 International Convention for the Protection of Performers, Producers of Phonograms and Broadcasting Organizations” have been considered.
The drafts Resolutions on joining the international legal documents submitted for consideration at the successive session of the Mejlis of sixth convocation were unanimously approved and adopted.
Chairmanship Declaration on the results of the First Caspian Economic Forum
On August 11-12, 2019, the First Caspian Economic Forum was held in Turkmenbashi city, Turkmenistan.
Various international events were organized in the framework of the Forum, on the outcomes of which the following was stated:
The role of the Convention on the Legal Status of the Caspian Sea signed by the Heads of States of Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan on the results of the Fifth Caspian Summit held in the city of Aktau, Kazakhstan on August 12, 2019 which creates the conditions for the advancement of cooperation between the Caspian region to a qualitatively new partnership level was underlined;
Recognized that the Agreement between the Governments of the Caspian Littoral States on Trade-Economic Cooperation and the Agreement between the Caspian Littoral States on Cooperation in the field of Transport contribute to further strengthening and development of collaboration between the littoral states in the economic sphere;
Noted that the Caspian Economic Forum platform can become a vital form of cooperation aimed at providing economic growth in the region and beyond its borders;
The necessityof increasing the potential in the area of trade and investment policy, as well as easing the trade process and export supplies potential for the benefit of trade and investments in the Caspian region is highlighted;
It is recognized that the countries of the Caspian region and all the stakeholders, including the private sector, associations and academic circles can maintain active dialogue on the issues of leading practice and measures related to the implementation of goals for ensuring development of economic contacts;
The significance of active participation and assistance on the part of international and financial institutions in the development of international economic cooperation in the Caspian was stated;
The need to unite the efforts for the attainment of considerable potential of the Caspian littoral states’ economic sectors was accepted;
Based on the above-mentioned, the implementation of the following actions is recommended:
- Take the necessary steps for the enhancement of attractiveness of the Caspian littoral states’ economies with the aim of further active integration of the Caspian region in the international economic space.
- Encourage the attraction of investments and stimulate innovations in the energy, industry, transport, trade and other spheres of the Caspian littoral states’ economies.
- Ensure further strengthening of regional cooperation in such areas as social and economic development, environment protection, science and innovations, exchange of economic information.
- Strengthen cooperation and coordination between the Caspian region and the United Nations’ system, including the regional UN commissions.
- Hold the Caspian Economic Forums on regular basis in the littoral cities of the Caspian states.
The participants of the Forum expressed gratitude to the Government of Turkmenistan for high-level organization of the Frist Caspian Economic Forum and hospitality shown.
Turkmenbashi city, Turkmenistan
August 12, 2019
Business circles of Caspian countries discuss perspective projects and sign the agreements
In the afternoon, the conference hall of Berkarar Hotel hosted the meeting of representatives of business circles of Caspian states. Its agenda included topical subjects of establishment of international cooperation, attraction of foreign investments and technologies in different branches of the states of the region, discussion of perspective joint projects.
For example, one of the session was dedicated to the cooperation in oil and gas sphere, its directions and perspectives. Officials of the State Concern Turkmengaz, Malaysian PETRONAS, Chinese CNPC and other took part in the session. The review of activity of big foreign partners in Turkmenistan has been presented and new investment projects in petrochemical sphere were presented.
The investments were the topic of another subject. High-rank delegates of the World and Asian Development Bank, one of the leading Qatari company Al Qamra Holding made speech at the session.
The name of the third session is Industrialization: Look in to the Future. It was held by the Central Asia Regional Head of the European Bank for Reconstruction and Development, who focused on the role of business in this sphere. Big industrial projects initiated by Leader of the nation Gurbanguly Berdimuhamedov, which are implemented by the Union of Industrialists and Entrepreneurs of Turkmenistan, practice of Azerbaijan of legal support of business and successful model of free industrial zone on example of free industrial zone in the port of Georgian Poti have been reviewed in this section.
Outcomes of the exchange trades held under Caspian Exhibition of Innovative Technologies have been announced in the end of business forum where 300 heads and representatives f 90 big companies, banks, associations and unions took part.
256 transactions to total amount of 380,179,000 US dollars have been registered at the trades. For foreign currency, brokers from Russia, Turkey, Great Britain, Luxemburg, United Arab Emirates, USA, Singapore, Hong Kong and Afghanistan have bought hydro-treated diesel fuel, A-80 gasoline, L – 0.2 – 63 and L – 0,5 – 62 diesel fuel, TC1 jet fuel, total petroleum coke, ECO – 5 hydro-treated diesel fuel produced by Turkmenbashy Refinery complex as well as ECO-93 gasoline and liquefied of the State Concern Turkmengaz. B-type carbamide and technical iodine produced by the State Concern Turkmenhimiya were the subjects of foreign currency transactions.
In addition, cotton yarn and fibre, Portland cement and glass were sold for foreign currency to Russian Federation, UAE, Turkey and Uzbekistan.
For local market, Turkmen entrepreneurs have bought polypropylene and polyethylene to total amount of 43 million manats.
It has been mentioned in the final speech that Turkmenistan has demonstrated again the willingness to start real cooperation in specific strategic directions with Caspian states and with the countries of other regions.
Document signing ceremony, which set out the agreements reached during the meetings and session in the fields of the CEF 2019 was held afterwards. In general, 57 international documents, which are related to cooperation in such spheres as international technologies, investment cooperation, trade and economic and financial sphere, diplomacy, transport, power energy, light industry, agriculture and water management, sport and other areas.
Certificate award ceremony took place afterwards. The Trade and Industrial Chamber of Turkmenistan has been awarded with the certificate for organization of Caspian Exhibition of Innovative Technologies and the first international motor exhibition of Turkmenistan on the territory of Turkmenbashy International Seaport. This certificate was presented by Sergey Gorsky, Deputy Executive Director of Messe Frankfurt, the global leader in organization of motor industry exhibitions.
Awarding this certificate, we welcome the initiative of President Gurbanguly Berdimuhamedov to organize the exhibition of advanced technologies and the first motor exhibition, which is held in Turkmenbashy and supplements this forum, supporting the promotion of new technologies in industry including in car manufacturing industry, - Mr Gorsky said.
President of the Union of Commercial Chambers and Commodity exchanges of Turkey Rifat Hisarciklyogly and the Secretary General of the Trade and Industry Chamber of the Economic Cooperation Organization Adem Kula have also presented the certificates.
ISO Compliance certificate has been awarded to the State Commodity and Raw Material Exchange of Turkmenistan by the General Project Manager of SGS in Caspian Region Azer Mammadov.
It was mentioned that this certificate is awarded by the results of big work made by the Exchange after the audit and inspection by SGS and is high marks of the final result.
After the ceremony, the briefing was given to representatives of mass media on the outcomes of the meeting of business circles. The main subjects of discussion, outcomes of available capabilities of activation of cooperation have been summed up as well as weighted and comprehensive assessment multidimensional potential of Turkmenistan has been given.
Outcomes of the first day of work of Caspian Economic Forum has been summed up the briefing. The importance of the initiative of President Gurbanguly Berdimuhamedov on foundation of CEF, which marked the launch of new ground of the dialog of the countries of the region and their international partners where anyone can obtain full information about the dynamics and perspective plans of social and economic development the Caspian Five, exchange the views about latest world trends in different section of economy, receive direct comments on interesting questions from representatives of the Governments, profile ministries and departments, successful businessmen and leading international experts has been highlighted.
The state news agency of Turkmenistan