Published in Economics
Friday, 19 November 2021 13:28

Today, on November 18, during his video address to the participants of the International Forum for Northern Economic Cooperation, President of Turkmenistan Gurbanguly Berdimuhamedov underlined the need of further expansion of mutually beneficial dialogue in promising areas of interest.

The Head of Turkmenistan also drew participants’ attention to the most relevant issues of regional agenda and prospects of the development of mutually beneficial partnership in Eurasia. Turkmen-Korean relationship performance in bilateral and multilateral formats was underlined.

Development of effective trade-economic, energy ties, transport-transit corridors became another theme for the discussions.

In his speech the President of Turkmenistan, having noted the significance of the development of cooperation in the sphere of health protection, “green growth”, food security, emphasized the need for activation of a joint work with authoritative international and regional structures.

He also noted great prospects for multilateral activities in the sphere of humanitarian interaction. “The year of 2021 declared by the UN General Assembly on Turkmenistan’s initiative as the Year of Peace and Trust, is coming to an end. This initiative was based on the desire to attract attention of the world community to the need of strengthening of the peace culture and respectful dialogue, eliminating the trust deficit in interstate relations”, said the President of Turkmenistan.

Expanding human contacts through historical, cultural and educational ties, which were also identified as a priority of the Republic of Korea’s New Northern Economic Policy, is put forward as a solution to a common problem.

Meeting of the 3rd thematic group of the Georgia-EU Association Subcommittee on Economic Cooperation

Published in Politics
Friday, 15 October 2021 09:49

On 13 October, the 3rd thematic group (Energy, Environment, Climate, Transport and Civil Protection) of the Georgia-EU Association Subcommittee on Economic and Sectoral Cooperation convened its 7th Session - chaired from the Georgian side by Davit Bujiashvili, Director of the EU Assistance Coordination and Sectoral Integration Department of the Ministry of Foreign Affairs, and from the EU side – by Dorota Dlouchy-Suliga, Deputy Head of Division, EaP Bilateral relations, EEAS.
The sides discussed the progress in implementing the obligations in the fields of transport, energy, environment, climate and civil protection undertaken by Georgia under the Association Agreement.
Representatives of the relevant EU institutions praised the reforms carried out by the Government of Georgia in the aforesaid areas, both in terms of legislative and institutional rapprochement.

Turkmenistan supports the strengthening of economic cooperation on the CIS space and beyond

Published in World
Friday, 06 November 2020 18:36

At today’s meeting of the Council of Heads of Governments of the Commonwealth of Independent States which was held through videoconferencing, the Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan R. Meredov gave a speech.

During his address, the Vice-premier noted that Turkmenistan stands for the strengthening of economic cooperation on the CIS space with the involvement of adjoining regions. In this regard, he underlined the importance of the Strategy of Economic Cooperation of the Commonwealth up to 2030, the content of which is to a large extent based on the approaches and principles embedded in the Declaration on Strategic Economic Cooperation of CIS member states developed upon the initiative of Turkmenistan and adopted at the meeting of the Council of Heads of States of the Commonwealth of Independent States in Ashgabat in October 2019.    

It was stressed that the leadership of Turkmenistan stands for active collaboration on the formation and implementation of joint projects in such priority spheres as trade, industry, fuel and energy complex, electric-power industry, transport and communications.  R.Meredov added that such projects should not be limited to the CIS space and “must also be focused on the adjacent regions, thus ensuring stable positions on the Eurasian economic and investment space for the long-term.” 

Special accent was made on resolving the transport issues. R.Meredov reminded that the President of Turkmenistan is the initiator of a number of important initiatives on the establishment of transport and logistics hubs in the region of Central Asia and Caspian basin.  Turkmenistan actively works on the development of multimodal transport-transit corridors which is expected to have a favorable effect on the reestablishment of trade-economic ties on the regional and international level, in particular in the post-pandemic period.      

The interest of the Turkmen side in the development of cooperation in such spheres as the agro industrial complex, mechanical engineering, oil and gas processing, healthcare and pharmaceuticals, as well as the services sector was expressed.  In this regard, the significance of the joint work in 2021 was underlined. The year 2021 was declared as the Year of Architecture and Urban Development in the CIS upon the proposal of the President of Turkmenistan.

Co-chairmen of Turkmen – Japanese Committee for economic cooperation have online session

Published in Economics
Friday, 01 May 2020 14:12

The Foreign Ministry hosted online meeting of co-chairmen of Turkmen – Japanese Committee for economic cooperation where expansion of interstate relations has been discussed.

It was highlighted that both sides pay special importance to regular joint sessions of the Committee, business meetings and forums, which allow finding key vectors of partnership taking into account long-term perspective. At the same time, special focus was made on the fact that goodwill and mutual interest supported by specific proposals are the platforms for further activation of established productive contacts.

Sharing the views on practical implementation of bilateral agreements reached at previous session, presence of wide opportunities was noted in the context of large-scale programmes of modernization and intensive development of national economy, its industrial sector, especially gas processing and petrochemical industries.

Projects planned to be implemented and under realization in our country with participation of leading Japanese companies have been reviewed during the session. Such spheres as transport, power energy, agriculture, health protection, communications, tourism and ecology have been noted as perspective for consolidation of efforts and interests.

With regard to transit of Turkmen economy to digital systems, the sphere of high technologies has been named among priority directions of partnership. Training of personnel including by organization of practical training and exchange of practice for personnel of different spheres were recognized as current vector of interstate dialog.


The state news agency of Turkmenistan

Gurbanguly Berdimuhamedov: The Caspian Sea’s energy resources should serve as a basis for regional economic development

Published in Economics
Thursday, 15 August 2019 14:26

Today, we should focus our efforts on tackling practical tasks of the Caspian Sea development, President of Turkmenistan Gurbanguly Berdimuhamedov said, speaking at the International Conference entitled ‘The Caspian Sea: Development of International Economic Cooperation”.

The head of state set an important task of giving powerful impetus to energy cooperation.

- The Caspian Sea is extraordinary rich in hydrocarbon resources; its vast untapped offshore and onshore reserves, if used effectively, can lend strong impetus to the dynamic and sustainable growth of the littoral states’ national economies and those of their neighboring countries and provide everything necessary to build new production and industrial facilities, the Turkmen leader said.

The Caspian Sea’s energy resources should serve as a basis for the region’s economic development, President Gurbanguly Berdimuhamedov stressed.

The head of state emphasized that this will lead to job creation, quality-of-life improvements for the people, and will ensure building social facilities, such as schools, kindergartens, and hospitals.

The industrial development, which depends, to a large extent, on increased hydrocarbon production, can substantially change the entire economic landscape in this part of the world and integrate the Caspian Sea into the global economic space as an equal and effective partner, President Gurbanguly Berdimuhamedov said.

The state news agency of Turkmenistan

Turkmenistan to Become Transcontinental Bridge for Economic Cooperation

Published in World
Wednesday, 02 May 2018 13:41

Speaking at the International Forum “The Great Silk Road: Towards New Frontiers of Development”, President Gurbanguly Berdimuhamedov outlined Turkmenistan’s priorities in international partnership in the field of transport and communication.

Turkmenistan sees the Central Asia as an integral and important link of the Great Silk Road, stressed the head of state. Due to several historical, geopolitical and economic factors this region has played and continues to play a special role not only in continental but also global processes. And it is the Central Asia, what it becomes and which tendencies dominate this region that will largely define the vector of development of the global politics in the foreseeable future.
Throughout centuries these lands were crossed by caravan roads that connected civilizations, and it was on these lands that the natural bridge between the East and the West was created to become the center of intercivilizational dialog. Our aim is to revive this historic predestination of the Central Asia in new conditions and new realities, said the Turkmen leader.
One of the most important activities in reaching these goals is ensuring successful integration of the region into international ties and creating a relevant transport, transit and communication systems. This implies the construction of an extensive, integrated, incorporated transport and communication infrastructure that will cover continental Eurasia and provide access to marine terminals of the Black and Baltic Sea, South and South-Eastern Asia and the Middle East.

This project also involves connecting to the transport infrastructure in southern and eastern directions, creating links to such powerful economic centers as China, India, Pakistan, countries of Asia-Pacific, said the President.

Turkmenistan intends to play the role of a transcontinental economic bridge for cooperation of the European, Asia-Pacific and South-Asian economic systems. Therefore, apart from progressive integration into the global transport system, expansion of the national infrastructure along the key routes and points of connection in the East-West and North-South directions, a set of measures is envisaged to ensure maximum effectiveness of transport routes, decrease the share of transport costs in the value of end products in domestic, transit, export and import traffic.
One of expected outcomes of implementing this strategy is creating a network of intermodal transport and logistics centers. New transport corridors help expand the service market in this sphere. Which in turn requires active marketing and foreign economic policy, optimized tariffs with countries along international transport corridors and a flexible system of tariff preferences, said President Gurbanguly Berdimuhamedov.

Gurbanguly Berdimuhamedov: Turkmenbashi port opens up new opportunities of cooperation with international and regional structures

Speaking during the International forum “The Great Silk Road: Towards New Frontiers of Development”, President Gurbanguly Berdimuhamedov noted that the new sea port in the strategically important Caspian region provides a large platform for enhancing interregional cooperation, increasing the volumes and improving the quality of transportation, and contributes to establishing the new configuration of the transportation flow.
In addition to the economic and commercial viability of the project, as well as the environmental parameters, it is also of the great geopolitical significance. In this regard, the Turkmen leader expressed belief that the new Turkmenbashi port would have a great positive impact on the political situation in the region and beyond, would promote the cooperation between the Caspian states on a variety of important political issues, would contribute to the stability of the whole system of the continental interstate relations on the principles of trust and balance of interests.
According to the Turkmen leader, it is the multivariate model of traffic flows, the creation of new routes and directions that can ensure the necessary stability and new dynamics to global development, which is especially important against the background of those complex and sometimes crisis phenomena that are observed today in the world economy.
With the commissioning of the new port, the additional prospects for cooperation with international and regional structures are opening up. President Gurbanguly Berdimuhamedov said that Turkmenistan was ready to discuss its various aspects and directions with the partners from the Shanghai Cooperation Organization, the Commonwealth of Independent States, the Organization for Economic Cooperation and invited these structures to close interaction.

International Forum on Transport Is Launched in Avaza National Tourist Zone

Representatives of foreign countries, international organizations and major transport and logistics companies were brought together in Turkmenbashi at the International Forum “The Great Silk Road: Towards New Frontiers of Development”.
Members of the Government, representatives from the ministries and sectoral agencies and other relevant authorities participate from the Turkmen side. Among invited guests are the heads of diplomatic missions accredited to Turkmenistan and foreign media professionals.
President of Turkmenistan, Gurbanguly Berdimuhamedov, participated in the plenary session. The agenda of this high-level meeting covers a wide range of issues pertaining to the development of mutually beneficial cooperation in all spheres of transport and logistics, including through the effective harnessing of potential of ports.
This representative forum precedes a milestone event, the opening of the new Turkmenbashi International Seaport that aims to become an important transit and transportation hub of regional and continental significance.

Gurbanguly Berdimuhamedov Addresses Forum “The Great Silk Road: Towards New Frontiers of Development”

The President of Turkmenistan, Gurbanguly Berdimuhamedov, addressed the International Forum “The Great Silk Road: Towards New Frontiers of Development” that is being held at the Avaza Congress Hall in Turkmenbashi.
The forum began after the picture-taking ceremony for the participants of this high-level meeting.
In his opening remarks, the President of Turkmenistan expressed profound gratitude to all participants for accepting the invitation to attend the International Forum “The Great Silk Road: Towards New Frontiers of Development” and the opening of the Turkmenbashi International Seaport.
Then President Gurbanguly Berdimuhamedov continued his welcoming address in Russian, one of the official languages of the UN.
We are truly delighted to see high-level representatives of many countries, ministers, heads of international organizations, prominent diplomats, political and public figures from different corners of the world; such broad participation can quite rightly be viewed as a sign of respect for Turkmenistan, said the head of state.

Speaking about the idea on convening this forum, the Turkmen leader noted that the time has come to give thorough and serious consideration to the significance of reviving the Great Silk Road in this century; to analyze those enormous opportunities it may open up for the development and progress of dozens of countries and hundreds of millions of people in the world.
The Great Silk Road today is more than a traffic route between certain geographic locations. It takes on important political, humanitarian, philosophical dimension. Especially in current conditions, against the backdrop of complex, sometimes painful processes that we are witnessing.
The Great Silk Roads aims to connect the East and the West, Asia and Europe, the peoples of these continents based on the principles of mutual respect, equality, trust, and promote mutual understanding and openness.

Noting that in 2018 Turkmenistan celebrates the slogan “Turkmenistan is the Heart of the Great Silk Road”, President Gurbanguly Berdimuhamedov said that throughout many centuries the territory of our country served as a crossroad of Eurasian routes, the meeting point for cultures, civilizations, customs and traditions. And today, at the new phase of our history, we revive timeless values of the Great Silk Road and do this together with our friends and likeminded allies all over the world.
Issues that will be raised at the Forum are of tremendous practical significance in the context of modern trends of universal development. Global challenges affect all countries and regions and seriously influence the political and socio-economic situation. This is especially important for our region that is rapidly advancing towards becoming a key site for world politics, said the President of Turkmenistan.
A brand new dimension, the transport diplomacy, co-founded by our country that initiated a substantive multilateral dialog on the issue within the UN and other international organizations, is better anchored in global cooperation today.
President Gurbanguly Berdimuhamedov expressed his confidence that the substantive dialog on the role of the Great Silk Road will promote a better understanding between the countries, convergence of positions and development of innovative schemes and models of partnership in the long term.

Genadi Arveladze Opened Session of CAREC Members

Published in Economics
Wednesday, 21 June 2017 10:29

Within the framework of the Central Asian Regional Economic Cooperation (CAREC) program, the Asian Development Bank organized a meeting at the Radisson Blue Iveria, which was attended by over 90 delegates of the member states and representatives of Government agencies of Georgia.

Meeting aimed at discussing the preparation procedures of the new long-term strategy of the CAREC. Government officials, within the frames of their field of competence, expressed their opinions and proposed the activities within the framework of the strategy.

Deputy Minister of Economy and Sustainable Development of Georgia, Genadi Arveladze opened the session. “Today Georgia is hosting a high-level meeting of the Organization of the Central Asian Regional Economic Cooperation, which is held twice a year. Tajikistan is the CAREC coordinator this year, but Georgia stands today as a platform of this meeting. We cooperate with the Member States in the development of various economic and energy corridors, as well as in trade and customs sectors. This is a very important aspect for further developing of trade relations between the countries and for promotion of the sale of the products at each other’s markets” – Genadi Arveladze stated.

Director General of the Central and West Asia Department of the ADB, Sean O’Sullivan also addressed the audience. “Today we are talking about the CAREC, which is Central Asian Regional Economic Cooperation. All countries, including Central Asia, the Caucasus and the South Asian countries are talking about the strengthening of cooperation in such sectors as energy and trade. Today we discuss such important issue as the development of a new strategy. We very much hope that Georgia will become actively involved as a progressive country and help us to become the leaders in terms of regional cooperation. I am sure that involvement of all the members, including Georgia, will bring additional benefit to the CAREC” – Sean O’Sullivan said.

Georgia joint the CAREC regional organization in October 2016 and became its 11th member-state.  Other members of the organization are Azerbaijan, Kazakhstan, Tajikistan, Uzbekistan, Turkmenistan, Kyrgyzstan, Mongolia, Afghanistan, Pakistan and China. CAREC, in cooperation with different international financial organizations, is implementing large-scale infrastructure and economic projects aiming at development of trade and investment between the countries of the region, enhancing the transport corridor potential, strengthening cooperation in the field of energy and setting out new projects for further implementation by the member states.

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